The Great Greek Mediterranean Grill Franchise Expansions in Aggieland!

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The Great Greek Mediterranean Grill New Franchise Expansions in Aggieland!
Asking Price:
$350,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

The Great Greek Mediterranean Grill is a fast-casual restaurant franchise concept featuring authentic Greek recipes, made to order, with only the highest quality ingredients, fresh products and outstanding hospitality. The Great Greek’s success is attributed to using authentic recipes with high quality ingredients, preparing fresh products daily, and providing outstanding hospitality. The food is known for its big, bold flavors and healthy ingredients that make for a delicious and enjoyable dining experience.

The original Great Greek locations were in Las Vegas, NV, but the concept is now being franchised by United Franchise Group and new franchises are quickly propagating across the entire U.S. and abroad. We have more than 30 years of experience in the hospitality industry, giving our franchisees a distinct advantage. Through our brand's recognizable name and our outstanding training program, we help pass down our success to our new franchise owners. And with sufficient background in the industry, we make sure you invest in a restaurant franchise that has a good return on investment.

FINANCIALS INVOLVED:
* Franchise Fee -> The franchise fee of $39,500 is due at the time your agreement is signed. This is based on a number of factors, which may include company expenses for grant acquisition, complexity levels, uniqueness of the business and more.
* Liquid Capital -> Assets that are readily convertible are part of your liquid capital. This is helpful in determining whether your business will remain financially stable until you begin to generate a profit. In order to purchase a Great Grill Mediterranean Grill franchise, you must have liquid capital of approximately $150,000.
* Total Investment -> As a Great Greek Mediterranean Grill franchisee, your approximate investment, including your franchise fee would be between the low $300’s and the low $400’s. The range is wide because many factors play a role in determining what your specific costs will be, such as the location itself, rent, equipment, supplies, insurance, etc.
* Royalty Payments -> All franchisees are required to pay royalties. As a Great Greek Mediterranean Grill franchisee, you would contribute 6% of your gross sales revenue to royalties (per month). This covers costs such as ongoing support and other resources provided by the brand and corporate team.

About the Business

Year Established:
2018
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1
Facilities:
Consult with Franchisor.
Website:
www.tworld.com/locations/collegestation/
Market Outlook/
Competition:
Because your Great Greek Mediterranean Grill franchise is under our brand, we help you determine what type of marketing and advertising is suitable for you.
Growth & Expansion:
The original Great Greek locations were in Las Vegas, NV, but the concept is now being franchised by parent company United Franchise Group (UFG) and new franchises are quickly propagating across the entire U.S. and abroad. UFG is dedicated to the success of each Great Greek Mediterranean Grill franchisee, and has systems and people in place to provide world-class training, operations and marketing support. UFG's training professionals will provide comprehensive training, marketing launch expertise and ongoing collaboration and assistance to help ensure that your locations get the attention they need to get off the ground quickly and then grow successfully.
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About the Sale

Reason For Selling:
New franchise expansions in southeast Texas.
Training/Support:
A comprehensive training program is provided for all new franchisees and their employees in West Palm Beach, FL by parent company United Franchise Group Corp.
We want your restaurant franchise to succeed, so we provide sufficient training and support to your team. Investing in a franchise is a big step, so we strive to be an open book to all our franchise owners. At any point in the franchise process, if you need guidance, assistance, or advice, our expert team can help you. We offer help with everything from finding a location to attracting new customers, so you have the tools you need to flourish. As a franchisor, we are responsible for making sure that every franchisee gets off to a good start. So, we are with you every step of the way, from site selection and development to initial marketing and advertising. Location is crucial to the success of your restaurant franchise; you want a site that is easily accessible and noticeable by people. We help you choose a strategic location by providing insights about which types of locations to be on the lookout for. Additionally, we can help guide you through the cost analysis of different locations, allowing you to make an informed decision. Finally, training and support are considered crucial to the success of your restaurant franchise. We provide initial training that allows you to get the hang of day-to-day business operations. And even when your franchise can stand on its own, we provide continuing training and support to keep you on track.
Seller Financing:
$39,500 franchise fee is required up front for buyers with good credit ratings.

Listing Info

ID:
1542228
Ad Detail Views:
242

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Business Listed by

Larry Fry, MBA

Transworld Business Advisors at Bryan/College Station

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