by Jenifer Huston | Mar 4, 2020 | Blog
We’ve worked to keep The Great Greek Mediterranean Grill franchise costs low and simple to break down. You might be surprised to find that opening one of our restaurants doesn’t cost nearly as much as you’d think. When you request a copy of our franchise disclosure document, you’ll be able to review all the details of our food franchise opportunities and the associated costs. For now, here’s a sneak peek at some of the key parts of the investment.
The Total Initial Investment
We estimate that the total costs to open one of our restaurant will range between $300K-$400K. The exact amount will vary depending on factors like where your franchise will be located, how large it is, and so forth. While we can’t control all of the variables, nearly a decade in the business has given us good insight into exactly what you’ll need to get started. This figure includes just about everything it takes to get your restaurant up and running, including:
- Buildout costs
- Equipment
- Signage
- Initial marketing expenses
- Travel costs (to and from your initial training)
- Your initial franchise fee
- … and much more
Independent owners often struggle to anticipate everything they’ll need to get a new restaurant up and running, but The Great Greek Mediterranean Grill’s franchise costs include just about everything you’ll need – greatly reducing the risk of unexpected expenses.
The Initial Franchise Fee
An important part of the total initial investment is the one-time franchise fee. Like other food franchise opportunities, The Great Greek assesses a franchise fee to offset some of the costs we incur while onboarding new franchisees. Our initial franchise fee of $39,500 comes with many benefits, including access to our well-regarded brand name. When you open up shop under The Great Greek’s name, there’s a good chance that many people will already be familiar with who we are and what they can expect when they walk into your restaurant. Why spend years building a reputation from scratch when you can leverage ours?
The initial franchise fee also grants you access to our business model, which has been developed over the years to be as efficient as possible. We don’t want our franchisees to waste time and resources, so we’ve developed a model that’s simple to master and leaves maximum opportunity for growth.
One of the most valuable resources your initial franchise fee grants you access to is your initial training. You’ll join us at our corporate headquarters where we’ll give you the details on exactly how to run your new franchise. We’ll even join you at your location around the time of your grand opening to help you implement what you’ve learned. When you partner with The Great Greek, there’s no need to go it alone.
Want to learn more about the cost of our food franchise opportunities? Contact The Great Greek today.
by Jenifer Huston | Feb 11, 2020 | Blog
Opening a Greek food franchise can help you capitalize on key dining trends. The quick-service restaurant (QSR) industry is wildly popular in the U.S. These restaurants fulfill an important need for busy Americans by allowing them to get their meals on-the-go. For many people, the term “QSR” brings fast food restaurants to mind, but the truth is that The Great Greek Mediterranean Grill is more than capable of capitalizing on the QSR trend.
Our Greek Food Franchise Has What Customers Want
It’s estimated that the global QSR industry is growing at around 6.5% per year. This shouldn’t come as a surprise – people everywhere love the convenience these restaurants afford. For one thing, they allow busy singles and families the option to enjoy a great meal without the hassle of having to prepare it themselves. Furthermore, popular QSRs stay in business because their food tastes great.
Our Greek food franchise is no exception to either of these concepts. Mediterranean food like ours is growing more popular and U.S. Diners love the rich flavors we have to offer, from roasted red peppers to savory grilled meats. Our offerings are bolstered by the highest-quality ingredients around and a full-service kitchen that produces handmade meals – our customers can taste the difference between our food and the typical QSR fare. In fact, our popular menu is what led us to become a franchise brand in the first place. The Great Greek started out as a family business, and our customers couldn’t get enough of our authentic original recipes. So, we decided to expand our model through franchising!
The quality of our food far exceeds that of the typical QSR – we never cut corners, and our proprietary recipes can’t be found anywhere else. This gives our franchisees a leg up over the competition. Furthermore, customers have the option to dine in or carry out their meals, so convenience is a selling point to our guests.
Why Choose The Great Greek Mediterranean Grill?
If you’re thinking of breaking into the QSR industry, there’s no shortage of options to choose from – so why go with our Greek food franchise?
For one thing, we’re a part of United Franchise Group. They have extensive resources and experience in franchising, so they’ve helped us develop a comprehensive suite of franchisee support resources. Our team will provide you with training in operations, help you find and launch your new business, and will provide you with coaching as you grow.
Along these lines, there aren’t many Greek food franchises on the market. Opening up a pizza or burger QSR might be more conventional, but that just means you’ll be one of many in your community. Why not give your target customers a newer, fresher option that prioritizes quality above all else? Investing in The Great Greek gives you the opportunity to stand out in your market.
Want to learn more about what it takes to open a Greek food franchise? Contact us today!
by Jenifer Huston | Jan 20, 2020 | Blog
If you’re ready to be your own boss, why not invest in a restaurant franchise? The Great Greek Mediterranean Grill has a franchise opportunity that allows you to get your own restaurant up and running with as little hassle as possible, allowing you to work in an environment where you call most of the shots. Read on to learn more about the reasons why more and more professionals are turning to restaurant franchises like ours to reinvent their careers.
A Well-Established Business Model
The fact that The Great Greek has already established an effective business model is a major draw for franchisees. One of the most difficult parts of establishing a new restaurant is devising procedures that won’t waste time or resources. For many entrepreneurs, this can mean months – or years – of costly trial and error. For Great Greek franchisees, however, they don’t need to worry about figuring it out for themselves because we’ve already done it for them.
Jumping into a business with a well-established business model allows you to spend more time on the things that matter, sparing you from working extra hours away from your family and friends.
Restaurant Franchise Owners are Largely In-Charge
A common misconception about restaurant franchises is that they don’t allow franchisees much leeway to make their own decisions. That’s not the case with The Great Greek. It’s true that we’ve developed systems we expect our franchisees to adhere to, but they’re free to make most day-to-day decisions on their own, such as …
- When they’d like to work
- How to delegate operational tasks
- Who to hire
- How to utilize the majority of their profits
Having the freedom to make decisions on operations is what really sets our restaurant franchise opportunity apart from a typical job working for a larger company. As you can imagine, many of our franchisees love that they can take a sick day when they’re feeling under the weather without needing to provide anyone with a doctor’s note. They also love being able to prioritize time with family, social events, and so forth.
We Set You Up to Perform Well
No one can guarantee the success or failure of any business venture, but partnering with The Great Greek is one way to improve your odds. Because we have years of industry experience, we’re able to use our expertise to help you choose the perfect location, market your brand to your most dedicated customers, and so forth. Furthermore, we’re a part of United Franchise Group (UFG), which represents a number of franchise brands. They have decades of experience opening new franchisees in a variety of industries, and their resources allow us to keep our business model fresh and efficient.
Contact The Great Greek Mediterranean Grill today to learn more about how opening a restaurant franchise can help you retake your career.
by Jenifer Huston | Dec 17, 2019 | Blog
What makes a good Greek restaurant franchise owner? Who is a good fit for The Great Greek Mediterranean Grill opportunity? If you’re thinking about a restaurant franchise, you might be asking yourself if this opportunity is for you. Below are three types of people who would love to own one of our franchises. Read on to learn if we are the right investment for you.
The Unsupported Restaurateur
Who is the unsupported restaurateur? Someone who already owns a restaurant but needs a little extra help.
Owning and operating a thriving restaurant is a lot of work and it’s tough to do it alone. Many restaurant owners find that even with an amazing staff and supportive home, today’s marketplace makes competition fierce, leaving them looking for resources.
That’s where The Great Greek Mediterranean Grill comes in. With franchisee support that is second to none and over 30 years of experience running Greek restaurant franchises, we help you get a leg up on the competition.
The most important part: you won’t lose the independence you’ve grown accustomed to as a business owner, even as you gain the expertise of our proven brand.
The Multi-Location Investor
Who is the multi-location investor? Someone looking for a great investment opportunity across several locations.
Why open multiple Greek restaurant franchises? Because a growing demand for Greek and Mediterranean food is fueling growth in our sector. Because we have a proven franchise model with multiple revenue streams. Because The Great Greek Mediterranean Grill is known for delicious, quality food that you can be proud of.
Opening multiple restaurant locations just makes sense. The Great Greek Mediterranean Grill has a reputation for an outstanding and unique dining experience that brings people back time and time again. Several locations in your region makes it easier to get our famous baklava and fresh gyros to your customers.
The most important part: our network through United Franchise Group gives you all the training and tools you need, from site selection to customer retention and so much more.
The Family Business Owner
Who is the family business owner? Someone who aspires to own a family-run business.
At The Great Greek Mediterranean Grill, we understand wanting to keep it in the family. Why? Because we started as a family business and we still operate that way. We come from generations of family business owners who loved bringing people together, and that’s what Greek and Mediterranean food is all about. Investing in our Greek restaurant franchise means joining the Great Greek family. We can’t wait to tell you the family secrets!
The most important part: even though you’re not family, we’ll treat you like you are. When you invest in The Great Greek Mediterranean Grill, you automatically become part of the family.
Do any of these descriptions sound like you? Get in touch with us for more information!
by Jenifer Huston | Nov 14, 2019 | Blog
The Great Greek Grill Mediterranean food franchise has an exciting opportunity for entrepreneurial-minded investors looking to open up their own location under our well-established brand name. Part of this experience is identifying the best location for your restaurant, and our team has decades of practice doing just that for franchisees of a variety of backgrounds. Keep reading and discover some of the methods you can take toward pinpointing that perfect spot and how our team will assist you along the way!
Visualize the Habits Your Ideal Mediterranean Food Franchise Consumer
One of the most important elements of choosing the right restaurant location is understanding the habits of the consumer that’s craving some tasty Greek cuisine. Since The Great Greek Grill utilizes a proven quick-service restaurant design, your ideal consumer might be on the go and searching for a unique menu offering, but with a fast and convenient pace of service. And since our team has been in this industry for quite some time, we have developed a firm understanding of our ideal consumer and where you can find them. We are with you every step of the way, so during this process, our team will help you choose a strategic location to find that ideal customer. The advice that we provide is based on years of doing business in the industry, as well as extensive demographic research.
Identify Venues with Consistent High Foot Traffic
When you are choosing the ideal location for your Mediterranean food franchise, it’s important to select an area that facilitates traffic that can be brought into your restaurant. Maybe that location is a shopping mall, a busy city, or even your local community plaza! Our quick service model is the perfect fit for this kind of environment — we are able to give our customers a basic necessity, at a fast-pace, with a fresh Mediterranean flare they won’t find elsewhere.
Talk to Our Team and Other Franchisees
There is nobody who knows the process of finding a location for The Great Greek Grill quite like our current franchise family. As mentioned prior, our team shows outstanding and unparalleled start-up support, from the early stages of your investment and beyond. Our team’s family franchise mentality expands from the patrons we serve to our growing group of new restaurant owners. So, if you have questions about the experience and strategies of choosing a location, we will help connect you with existing franchisees who have already gone through the process. Who better to ask about finding the ideal location for a Mediterranean food franchise location than someone who has done it themselves?
Do you still have questions about the early stages of finding the best restaurant location? Contact us today!
