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Below is an in-depth analysis and side-by-side comparison of Santorini Island Grill vs Daphne's Greek Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $154,500 - $273,000 | $1,500,000 - $3,000,000 |
Franchise Fee | $29,500 | $40,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 3% |
Year Founded | 1999 | - |
Year Franchised | 2006 | - |
Term Of Agreement | 10 years | 10 years +5+5 |
Term Of Agreement | 10 years | 10 years +5+5 |
Renewal Fee | 25% of then-current fran. fee | - |
Business Experience Requirements |
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Experience | - | * Experience as a multi-unit restaurant operator * A proven track record in the restaurant and/or hospitality industries * Recognition as a top restaurant operator * Net worth of $3 million * Liquid assets of $1.5 million * Infrastructure and resources to meet our development schedule * Real estate experience in the market to be developed * Cultural fit and a passion for Fresh, Greek and Delicious cuisine |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | * Available at headquarters: 3 weeks * At franchisee's location: 3-4 weeks | - |
Support | - | - |
Marketing | - | - |
Operations | * Number of employees needed to run franchised unit: 6 - 6 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Santorini Island Grill is a turnkey restaurant franchise
opportunity complete for franchise owners. Join our company and receive the support
and training necessary to be successful as an owner of this Greek
restaurant.
Participate in our
training program which involves classroom and practical work. After launching you will be covered by our franchising expertise and
years of experience.
As a Santorini Island Grill franchise restaurant owner you will acquire the rights to use our brand name and trademarks, daily operations procedures, construction
and design assistance and policy manuals,
marketing and advertising, employee selection and management aid,
on-going training, employee selection and management aid and much more. Join us today for an exciting career
and bring a tasty concept to your neighborhood.
Acclaimed by the media, the Greek fast-casual eateries feature authentic dishes conceived and developed by founder, George Katakalidis. Daphne's Greek Cafe has become the largest, fast-casual Greek restaurant chain in the United States.
Daphne's Greek Cafe was founded in 1991 and currently has restaurants throughout Arizona, California, and Colorado. Acclaimed by the media, the
Greek fast-casual eateries feature authentic dishes conceived and developed
by founder and entrepreneur, George Katakalidis.
While nursing an injury during his time as a professional soccer player with the San Diego Sockers, Katakalidis realized the opportunity for high quality Greek cuisine at reasonable prices. 30+ years later, Daphne's Greek Cafe has become the largest, fast-casual Greek restaurant chain in the United States.
The future growth of Daphne's Greek Cafe will be generated by the development of company owned restaurants as well as the sale of franchise area
development agreements. Daphne's Greek Cafe does not sell single-unit franchises, so it is not possible to open just one cafe.
If you are interested in a franchise area development agreement,
please contact us or complete the form to the right: https://thefranchisemall.com/request/