Second-Generation Restaurant Spaces for New Little Greek Locations

An Affordable Way to Open a Little Greek Fresh Grill

Opening a restaurant from scratch can be expensive — but it doesn’t have to be.
 A second-generation restaurant space (sometimes called a “second-gen space”) is a previously occupied restaurant location where much of the essential infrastructure is already in place.

For new franchisees, this can significantly reduce build-out costs and speed up your opening timeline. While you will still need to find and secure your own space, understanding how second-generation locations work can help you make a smarter, more cost-effective choice for your new Little Greek.

What Is a Second-Generation Restaurant Space?

What Is a Second-Generation Restaurant Space?

A second-generation restaurant space is a former restaurant that already includes features such as:

  • A commercial hood system
  • A grease trap
  • Existing plumbing for sinks, restrooms, and dish stations
  • Electrical already sized for restaurant equipment
  • A walk-in cooler or freezer
  • Flooring, drainage, and ventilation
  • Restaurant-ready bathrooms
  • Some existing kitchen or front-of-house fixtures

Because these elements are already built, you avoid many of the up-front construction costs associated with opening a restaurant in a brand-new space.

Why Consider a Second-Generation Space?

1. Lower Upfront Investment

Choosing a second-generation restaurant space can make opening a Little Greek Fresh Grill significantly more affordable than a traditional buildout. Because these sites often already include essentials like ventilation, plumbing, and kitchen infrastructure, the upfront investment is dramatically reduced.

While every location is unique, many second-generation opportunities require significantly less than a traditional ground-up build, with some projects beginning in the low-to-mid six-figure range. In select cases, total investment has started as low as approximately $145,000, depending on the condition of the existing space, equipment already installed, and local permitting requirements.

2. Faster Opening Timeline
Because the infrastructure already exists, your opening timeframe is often much shorter. This helps you start serving guests — and generating revenue — sooner.
3. Ideal for First-Time Franchisees

New operators often find second-gen spaces less overwhelming because:

  • Fewer construction decisions
  • Lower financial risk
  • A clearer picture of the layout

Often located in proven retail areas

4. Access to Better Locations
Prime retail centers and high-traffic neighborhoods frequently have second-gen spaces available. Since the initial construction is already done, these sites can be more accessible and affordable compared to new spaces.
5. Environmentally and Economically Efficient
Reusing materials and infrastructure reduces waste, saves money, and speeds up the process. It’s efficient, sustainable, and practical.

How to Find a Second-Generation Space

Little Greek franchisees are responsible for securing their own location, but we are here to help guide the process. Good second-generation spaces can be found by:

  • Partnering with a commercial real estate broker
  • Searching retail centers with recently closed restaurants
  • Reviewing listings for “restaurant space for lease”
  • Touring neighborhoods to identify available locations

Once you identify potential sites, our Franchise Development and Operations teams will help evaluate the feasibility and layout for conversion into a Little Greek.

How to Find a Second-Generation Space
What to Look For in a Strong Second-Generation Space

What to Look For in a Strong Second-Generation Space

A quality second-gen location typically includes:

  • 1,300 to 1,800 sq ft.
  • Adequate hood and HVAC systems
  • A functional grease trap
  • Existing plumbing (hand sinks, mop sinks, three-compartment sinks)
  • Sufficient electrical capacity
  • Space for a prep area and ordering line
  • Walk-in cooler/freezer or room to add one
  • Reasonable landlord TI (tenant improvement) terms

Even when the space needs updates, the savings compared to building from scratch are often substantial.

Is a Second-Generation Space Right for You?

A second-generation location may be ideal if you:

  • Want a lower-cost entry into restaurant ownership
  • Prefer a faster opening timeline
  • Like the idea of reusing existing infrastructure
  • Are open to flexible layouts
  • Want a strong fast-casual franchise model with a lower investment

For many franchisees, this approach offers the best balance of affordability, speed, and long-term return.

Is a Second-Generation Space Right for You?

Next Steps

If you’re considering opening a Little Greek Fresh Grill, exploring second-generation spaces can be an excellent first move.
Contact Us

Disclaimer

Investment amounts vary based on location, condition of the space, and renovation needs. Full financial details are included in the Franchise Disclosure Document (FDD).