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Updated RecentlyMr. Greek Restaurants vs The Great Greek Mediterranean Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Greek Restaurants vs The Great Greek Mediterranean Grill 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 | $476,050 - $978,250 |
| Franchise Fee | $35,000 - $50,000 | $39,500 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 4% | 1% |
| Year Founded | 1988 | - |
| Year Franchised | 1993 | - |
| Term Of Agreement | 10 years | 35 years |
| Term Of Agreement | 10 years | 35 years |
| Renewal Fee | - | $1.5K |
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 | - | - |
| 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 | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Mr. Greek Restaurants
The name MR. GREEK has become synonymous with Greek and Mediterranean cuisine that defines quality, value and service. MR. GREEK Mediterranean Grills are full service casual dining restaurants have patios, take-out and delivery. MR. GREEK serves a delicious blend of grilled seafood, pastas, and Greek specialties such as souvlaki, tzatziki, and saganaki. The franchisor, provides site selection, lease negotiation, construction, training and ongoing support.
Owner-operators share two common passions. One is for the restaurant and
the other is to succeed! A partnership with MR. GREEK is firmly based
on the principle of mutual success, and on all parties striving together
to achieve that success. MR. GREEK is seeking single or multi-unit
franchisee partners in Ontario and Eastern Canada, and multi-unit
development partners in territories throughout North America.
About The Great Greek Mediterranean Grill
The Great Greek takes pride in procuring the freshest ingredients and preparing them daily for you. Our recipes go back for generations, and we promise to serve you that consistent meal each time. We consider our staff as our children helping at those memorable Sunday dinners; they are family. You, our patrons, are the uncles, aunts, cousins, nieces and nephews who stop by to join in the weekly feast. You are family, too! The Great Greek’s pledge to you is to treat you like family, serve you a consistent, quality meal, and ensure we exceed your expectations.
The total investment necessary to begin operation of a The Great Greek Mediterranean Grill® franchise is $476,050 to $798,250. This includes $35,550 to $43,000 that must be paid to the franchisor.
The total investment necessary to begin operation under a three- to ten-unit
Multi-Unit Development Agreement is $520,000 to $978,250. This includes
$75,550 to $223,000 that must be paid to the franchisor or affiliate.
The minimum number of The Great Greek Mediterranean Grill® units that
you are required to develop under the Multi-Unit Development Agreement
is three units.