The Great Greek Mediterranean Grill franchise
The Great Greek Mediterranean Grill: $582,014–$1,088,560 total investment, $39,500 franchise fee, 10% total ongoing fee. Read out of the filings.
Compiled from public filings and operator sites
A thirty-five-year initial term, against ten years almost everywhere else in this set. The Item 7 low end is built on a discounted franchise fee available only to owners of affiliated brands; a first-time buyer pays $39,500.
Fees
| Initial franchise fee | $39,500 |
|---|---|
| Royalty | 6% |
| Brand fund | 3%, with the right to raise to 4% |
| Local advertising | 1% |
| Total ongoing | 10% of gross sales |
| Grand opening | Included in the restaurant package |
| Transfer fee | The greater of $29,500 or 10% of the sale price, capped at the then-current franchise fee |
| Renewal fee | $2,500 |
Opening one
| Total investment | $582,014–$1,088,560 |
|---|---|
| Typical size | 1,800–2,000 sq ft |
| Training | 60.25 hours classroom, 180 on the job |
| Territory | Typically a one-mile radius, smaller in dense areas. Not exclusive. Limited-access venues excluded. |
| Initial term | 35 years |
| Renewal | One additional thirty-five-year term |
The system
| Format | Fast-casual Greek |
|---|---|
| Headquarters | West Palm Beach, FL |
| Founded | 2017 |
| Franchising since | 2018 |
| Item 20 | 31 as of 2023, of which 24 franchised and 7 company-owned. Filing snapshot, not tonight's locator. |
| Item 19 | Yes. Gross revenues, cost of goods and payroll for six affiliate restaurants, plus the highest and lowest of six franchise restaurants open two years. |
The franchisor's own accounts
| Audited entity | Great Greek Franchising, LLC |
|---|---|
| Fiscal year end | 30 April |
| Auditor's opinion | Unmodified |
| Members' equity (deficit) at 30 April 2023 | ($3,031,593) |
| FY2021 | ($1,423,122) |
|---|---|
| FY2022 | ($1,600,555) |
| FY2023 | ($891,888) |
| Total over 3 years | ($3,915,565) |
Three consecutive losses totalling $3,915,565 and a members' deficit that trebled to $(3,031,593), on income that nearly trebled over the same three years to $5,007,609. The losses are not operating: the consolidated statements show a loss before other income and expense of $438,589 for the year to April 2023 against lawsuit expenses of $585,739, and $557,461 against lawsuit expenses of $1,249,528 the year before. Litigation, not trading, is what put those years underwater, which is a reason to read Item 3 and Item 21 together. There is no going-concern qualification; the note records management evaluating the question and concluding the company can continue. The April year end means none of these figures line up against a December-year franchisor.
Figures from FDD issued 17 August 2023 · dataset year 2023.
A full fast-casual grill
The Great Greek Mediterranean Grill is a West Palm Beach, Florida, fast-casual system founded in 2017 and franchising since 2018. The FDD issued 17 August 2023, 2023 filing, records 31 outlets as of 2023: 24 franchised and seven company-owned. Its current menu includes gyro, souvlaki, wraps, salads and house-made dips, a broader grill format than a compact döner counter.
The filing assumes 1,800 to 2,000 square feet for a single in-line or end-cap restaurant. Item 7 is $582,014 to $1,088,560 in the source, and its low end uses a discounted franchise fee available only to owners of affiliated brands. A first-time buyer pays the $39,500 fee rather than the discounted amount shown as $35,550 on the low column. That eligibility condition is why the lowest printed total is still not the right planning figure for every reader. Working capital in the line-item table is up to six months. Grand opening is included in the restaurant package.
A long agreement and a bounded Item 19
The initial term is 35 years with one additional 35-year term, far longer than the ten-year structure common elsewhere in the directory. Renewal fee $2,500. Transfer fee is the greater of $29,500 or 10% of the sale price, capped at the then-current franchise fee. A long term can reduce the frequency of renewal, but it also makes transfer, default, remodel and exit provisions especially important.
The fee stack is 10%: 6% royalty, 3% brand fund and 1% local advertising. The brand fund may rise to 4%. Territory is typically a one-mile radius, smaller in dense markets, and is not exclusive. Limited-access venues are excluded.
Item 19 covers gross revenue, cost of goods and payroll for six affiliate restaurants, plus the highest and lowest results from six franchise restaurants open for two years. That is more detail than a revenue-only disclosure, but it is still a defined subset of a 31-outlet system. Training is 60.25 classroom hours and 180 on the job.
The 2023 document remains publicly indexed in Wisconsin’s FDD list. Later operator expansion does not change the year-end count or fee terms in this row; it is a reason to request the current filing before making a present comparison.
What the restaurant package absorbs
The Item 7 record for the 17 August 2023 filing runs to twelve lines, and one of them does most of the work: a restaurant package at $225,964 to $248,560. That single row absorbs what other filings here itemise separately. There is no equipment line, no signage line, no technology or POS line, and no separate grand-opening line, because grand opening is disclosed as included in the package.
Bundling is not concealment; putting equipment and installation into one supplier arrangement is a normal way for a franchisor to hold specification and cost. It does remove a buyer’s ability to see the components, price them against the open market, or identify which are required from a designated source. Item 8 therefore becomes the companion to Item 7 on this brand: what the package contains, who supplies it, whether the franchisor or an affiliate earns revenue on it, and what governs replacement in year six of a thirty-five year term.
Around the package, leasehold improvements at $250,000 to $650,000 are the real variable. A $400,000 spread on one line is the difference between a second-generation restaurant space and a raw one, and it accounts for most of the distance between the $582,014 and $1,088,560 ends of the total.
Six months of additional funds, and a travel line
Additional funds cover zero to six months at $35,000 to $75,000. Six months is the longest working-capital assumption among the Item 7 records held here — the others assume three — and a longer assumption is more conservative rather than more costly. The franchisor is disclosing a longer expected ramp for an 1,800-to-2,000-square-foot restaurant than the compact formats in this directory assume for theirs.
Travel and living expenses during training run $10,000 to $20,000, which is a substantial line rather than a nominal allowance. It matches the Item 11 hours: 60.25 classroom hours is the longest classroom block disclosed here, and 180 on the job carries the total past 240. Somebody is away from home for a long stretch, so the questions are who must attend, how many people the franchisor requires, and whether that requirement changes for a buyer who intends to hire a general manager rather than operate personally.
A thirty-five-year grant against a one-mile territory
The initial term is thirty-five years with one further thirty-five-year term, and the fee attached to renewal is $2,500, the lowest disclosed here. Exit runs the other way: the transfer fee is the greater of $29,500 or 10% of the sale price, capped at the then-current franchise fee, the highest floor on a transfer anywhere in this directory.
Together those figures describe an agreement built around continuity. Across thirty-five years, though, the provisions that matter most are the ones operating during the term rather than at its edges — remodel and refresh obligations, supplier and menu changes, technology mandates, and what follows if the lease under a one-mile non-exclusive territory cannot be renewed. Seven of the 31 outlets in the 2023 count were company-owned, so a validation sample comes from 24 franchised units, and the Item 19 population, mixing six affiliate restaurants with the highest and lowest of six franchise restaurants open two years, should be matched against that list rather than read across the system.
Neighbours on the aisle
The Great Greek is the long-term, larger-box side of Great Greek versus Halal Guys and the one Mediterranean-and-halal row here that makes an Item 19. Gyro on the menu does not make it a certified-halal system. The Halal Guys’ cart-origin platter shop and Shah’s licensed chicken-and-rice footprint are different packets, and both use a ten-year grant. Source: FDD issued 17 August 2023; 2023 filing.
The take
The Great Greek is a larger grill with a long grant. Gyro on the menu does not make it a certified-halal system. This row is a 17 August 2023 document. The Item 7 low uses a discounted franchise fee; a first-time buyer pays $39,500. Item 19 covers six affiliates with gross revenue, cost of goods and payroll, plus the highest and lowest of six franchise restaurants open two years — not every store in a 31-outlet system. The initial term is 35 years, with one additional 35-year term. Transfer is the greater of $29,500 or 10%, capped at the then-current franchise fee. Stack starts at 10% and the brand fund may rise to 4%. Training is 60.25 classroom and 180 on the job. Territory is typically one mile and is not exclusive.