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Below is an in-depth analysis and side-by-side comparison of Mr. Greek Restaurants vs Kojax Souflaki including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $400,000 - $750,000 | $250,000 - $325,000 |
Franchise Fee | $35,000 - $50,000 | $25,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 4% | 2% |
Year Founded | 1988 | 1977 |
Year Franchised | 1993 | 1979 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | 3 Weeks off site and 2 Weeks on site |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 30
Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
Kojax Souflaki offers customers an alternative to everyday fast food. We offer a quality and service that is unique to our system. Constant communication with franchisees helps to build a strong brand and our customers know it. Consistency across our franchise is the key and we strive for consistency in every product, procedure, and promotion. If you believe that you have the qualifications to own your own Kojax Restaurant please contact us.