THE GREAT GREEK MEDITERRANEAN GRILL
The Great Greek Mediterranean Grill is a franchise that allows operators to develop and run fast-casual restaurants specializing in Greek and Mediterranean cuisine under the 'The Great Greek Mediterranean Grill®' brand. The business model involves signing franchise agreements for single units or multi-unit development agreements to open multiple locations on a schedule, with initial investments ranging from $526,670 to $1,188,420 per unit. It targets the general public in a competitive market against other Greek/Mediterranean restaurants, general dining chains, and food service businesses.
Franchise Costs
6% royalty + 3% brand fund + $760-$1,340/mo fixed tech/software fees (EPOS $415-$495, technology $50, customer engagement $195-$395, RMS $100-$400)
Financial Performance
Item 19 Financial Performance
Data Based On: 19 franchise Restaurants located in the United States, that have reported sales revenue for 12 consecutive months, have been in operation for one year or more as of June 30, 2023, and operated under the same ownership during the year.
* Average gross revenue ($1,483,031) and median gross revenue ($1,366,552) are taken directly from the 'Total' row of the 'Top, 2nd, 3rd, and Bottom Quarter of Restaurant Average and Median Gross Revenues for Fiscal Year 2023*' table on Page 3. The revenue for the top quartile ($2,036,575) is from the 'Top Quarter' average gross revenue in the same table. The revenue for the bottom quartile ($1,152,057) is from the 'Bottom Quarter' average gross revenue. A weighted average calculation of the quarterly data for average gross revenue confirms the total average value.
Extracted Item 19 Section
How THE GREAT GREEK MEDITERRANEAN GRILL Compares
Key Insights
- Lower than average SBA loan default rate in Fast Casual
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
THE GREAT GREEK MEDITERRANEAN GRILL Current | $584K – $1.1M | $40K | 6.0% | 50 |
| Tropical Smoothie Cafe | $300K – $721K | $35K | 6.0% | 1,371 |
| TROPICAL SMOOTHIE CAFÉ | $300K – $721K | $35K | 6.0% | 1,371 |
| FIREHOUSE SUBS RESTAURANTS (UNIT) | $379K – $1.4M | $20K | 6.0% | 1,248 |
| Zaxby's | $1.4M – $3.8M | $35K | 6.0% | 826 |
| Qdoba | $548K – $1.3M | $40K | 5.0% | 652 |
Fast Casual Average 107 franchises | $532K – $1.2M | $39K | 5.6% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
+1 more states
SBA Loan History
Historical SBA 7(a) loan data for THE GREAT GREEK MEDITERRANEAN GRILL franchisees (2019 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
226 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
226 Contacts Available
Unlock all THE GREAT GREEK MEDITERRANEAN GRILL franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a THE GREAT GREEK MEDITERRANEAN GRILL franchise ranges from $583,514 to $1,088,560. This includes a franchise fee of $39,500. Ongoing royalty fees are 6.0% of gross sales.
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