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Updated RecentlyMr. Greek Restaurants vs The Hummus & Pita Co. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Greek Restaurants vs The Hummus & Pita Co. 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 | $278,400 - $780,500 |
| Franchise Fee | $35,000 - $50,000 | $40,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 4% | 1% |
| Year Founded | 1988 | 2011 |
| Year Franchised | 1993 | 2017 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | $7500 |
Business Experience Requirements |
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| Experience | One million liquidity. Must have owned and operated at least one brand for at least 5 years. | |
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 | - | Training & operation materials and manuals. methods, formats, specifications, standards, systems, procedures, food preparation techniques, sales and marketing techniques, knowledge, and experience used in developing and operating The Hummus & Pita Co. Restaurants. Marketing, promotional and advertising research and programs for The Hummus & Pita Co. Restaurants. Knowledge of specifications for and suppliers of Operating Assets, Proprietary Products, and other products and supplies, including supplier pricing and related terms. We provide MLS system power by Wisetail - The Hummus Hub. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | We provide support for public relations, market research, and other advertising, promotion, and marketing activities. Marketing advertising, promotion, and marketing activities Employee training, employee HR |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Marketing advertising, promotion, and marketing activities |
| 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) | We give turnkey operations if wanted with relationship with all vendors and types. From payroll to inventory, POS to third party delivery, etc. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | 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 Hummus & Pita Co.
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The Hummus & Pita Co. is a New York City-based concept that brings healthy, homemade
Mediterranean cuisine to the masses in a comfortable and inviting environment. All menuitems are made-from-scratch on the premises, using only the freshest ingredients available
to ensure high-quality flavor-focused eats at every visit. The concept has been named one
of “13 New York Fast Casuals to Watch” and “11 Restaurant Franchises on the Cusp of
Greatness” by QSR Magazine, which also dubbed their signature Dessert Hummus one of
“America’s Most Innovative Menu Items.” The Hummus & Pita Co. currently operates six
locations in New York City, Brookfield, CT, Holmdel, NJ, and Auburn Hills, MI, with additional
units in development in Los Angeles, CA, Atlanta, GA, Columbus, OH, and Alabama.
The Hummus & Pita Co. is currently looking for experienced multi-unit foodservice operators
to develop franchise territories in major markets.