The Great Greek Mediterranean Grill Franchise FDD, Profits & Costs (2025)
The Great Greek Mediterranean Grill is a fast-casual restaurant specializing in Greek and Mediterranean cuisine. Founded in 2011, the brand embraced franchising in 2018, inviting entrepreneurs to capitalize on the rising popularity of Mediterranean dining.
With its headquarters located in West Palm Beach, Florida, the franchise provides strong support to its franchisees while steering the brand’s growth and development.
Renowned for its dedication to fresh, high-quality ingredients and an authentic dining atmosphere, The Great Greek Mediterranean Grill strives to deliver a taste of the Mediterranean to communities across the country.
Initial Investment
How much does it cost to start a The Great Greek Mediterranean Grill franchise? It costs on average between $582,000 – $1,089,000 to start a The Great Greek Mediterranean Grill franchised restaurant.
This includes expenses for construction, equipment, inventory, and initial operating costs. The total investment varies based on several factors, such as the restaurant’s format, its location, and whether the franchisee opts to lease or purchase the property.
Type of Expenditure | Amount (Low) | Amount (High) |
---|---|---|
Initial franchise fee | $35,550 | $39,500 |
Travel and Living Expenses (while attending Level 1 and 2 training programs) | $10,000 | $20,000 |
Real Estate Lease Deposits | $5,000 | $16,000 |
Real Estate Service Charge | $0 | $3,500 |
Real Estate Design and Project Management Fee | $10,000 | $10,000 |
Leasehold Improvements | $250,000 | $650,000 |
Restaurant Package | $225,964 | $248,560 |
Opening Inventory | $7,000 | $15,000 |
Insurance | $2,000 | $6,000 |
Utility Deposits/Licenses | $1,000 | $3,000 |
Opening Assistance | $500 | $2,000 |
Additional funds (for 0 – 6 months) | $35,000 | $75,000 |
Total | $582,014 | $1,088,560 |
Average Revenue (AUV)
How much revenue can you make with a The Great Greek Mediterranean Grill franchise? A The Great Greek Mediterranean Grill franchised restaurant makes on average $1,377,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $644,000 yearly revenue for similar healthy franchises. Below are a few The Great Greek Mediterranean Grill competitors as a comparison:
The Great Greek Mediterranean Grill Franchise Disclosure Document
Frequently Asked Questions
How many The Great Greek Mediterranean Grill locations are there?
As of the latest data, The Great Greek Mediterranean Grill operates 54 locations across 17 states in the United States. The brand is expanding rapidly, with plans to open an additional 25 restaurants by the end of 2024, aiming to surpass 100 locations by 2025.
What is the total investment required to open a The Great Greek Mediterranean Grill franchise?
The total investment required to open a The Great Greek Mediterranean Grill franchise ranges from $582,000 to $1,089,000.
What are the ongoing fees for a The Great Greek Mediterranean Grill franchise?
The ongoing fees for a The Great Greek Mediterranean Grill franchise include a royalty fee of 6% of gross sales. Additionally, franchisees are required to contribute 2% of gross sales to a marketing fund, which supports national and regional advertising efforts to promote the brand. Franchisees may also be responsible for additional local marketing expenses to drive customer engagement in their specific market.
What are the financial requirements to become a The Great Greek Mediterranean Grill franchisee?
To become a The Great Greek Mediterranean Grill franchisee, applicants must have a minimum net worth of $500,000 and liquid capital of at least $150,000. These financial benchmarks ensure that potential franchisees have the resources needed to support the initial investment and ongoing operations of the business.
How much can a The Great Greek Mediterranean Grill franchise owner expect to earn?
The average gross sales for a The Great Greek Mediterranean Grill franchise are approximately $1.38 million per location. Assuming a 15% operating profit margin, $1.38 million yearly revenue can result in $207,000 EBITDA annually.
Who owns The Great Greek Mediterranean Grill?
The Great Greek Mediterranean Grill is owned by United Franchise Group (UFG), a global leader in franchising. UFG operates a diverse portfolio of franchise brands and provides extensive support and resources to franchisees, helping to drive the growth and success of its concepts, including The Great Greek Mediterranean Grill.
Disclaimer
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