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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
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)
Franchise Stats
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 to Other Fast Casual Franchises
Key Insights
- Lower than average SBA loan default rate in Fast Casual
| Franchise | Investment Range | Franchise 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
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a THE GREAT GREEK MEDITERRANEAN GRILL franchise?
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.
How much revenue does a THE GREAT GREEK MEDITERRANEAN GRILL franchise make?
According to the 2024 FDD, the average gross revenue for a THE GREAT GREEK MEDITERRANEAN GRILL franchise is $1,483,031. The median revenue is $1,366,552.
How many THE GREAT GREEK MEDITERRANEAN GRILL franchise locations are there?
As of the 2024 FDD, THE GREAT GREEK MEDITERRANEAN GRILL has 50 franchise locations. The company has been franchising since 2018.
Can you get an SBA loan for a THE GREAT GREEK MEDITERRANEAN GRILL franchise?
Yes, SBA loans are available for THE GREAT GREEK MEDITERRANEAN GRILL franchises. Historical data shows 44 SBA 7(a) loans have been approved for THE GREAT GREEK MEDITERRANEAN GRILL franchisees, with an average loan amount of $678,280. The historical default rate is 2.3%.
Is THE GREAT GREEK MEDITERRANEAN GRILL a good franchise to buy?
THE GREAT GREEK MEDITERRANEAN GRILL shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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