Investing in a Little Greek franchise provides you with the opportunity to own a thriving business in the popular Mediterranean cuisine sector. We understand that every franchisee’s financial needs are unique, so we offer a clear, transparent breakdown of initial and ongoing costs associated with opening a Little Greek restaurant. Here’s an overview of the investment:
Initial Franchise Fee
The franchise fee for a Little Greek location is $35,000. This fee grants you the rights to use our brand, access our established business model, and receive initial training and support.
Estimated Initial Investment
The total initial investment to open a Little Greek franchise typically ranges from $350,000 to $600,000. This amount includes the costs for equipment, construction, signage, initial inventory, and working capital. Costs can vary depending on location, size, and other factors, so we work with each franchisee to provide a detailed financial estimate based on their specific circumstances.
Royalty Fee
Little Greek franchisees pay a royalty fee of 6% of gross sales. This fee supports ongoing access to our franchise resources, continuous support from our team, and the continued improvement of our operational systems.
Marketing Fund Contribution
To help grow brand awareness and attract customers, Little Greek franchisees contribute 2% of gross sales to the national marketing fund. This contribution funds strategic marketing initiatives, both locally and nationally, ensuring strong visibility for the Little Greek brand.
Additional Costs
Beyond the initial investment, franchisees should plan for regular operating expenses such as rent, utilities, and insurance. Our team provides guidance to help you budget for these ongoing costs, ensuring you’re well-prepared for the financial needs of your franchise.
Financing Options
While Little Greek does not directly provide financing, we have relationships with trusted lenders who can assist qualified candidates in securing financing for their franchise investment. Our team is here to guide you through the financing process and connect you with resources to make ownership as accessible as possible.
Ongoing Support
The costs and fees associated with a Little Greek franchise provide you access to our extensive support network. From training programs to marketing assistance, your investment goes beyond start-up costs and ensures you have the tools you need to succeed every step of the way.
Investing in a Little Greek franchise gives you the chance to become part of a growing brand with a unique market appeal. We’re committed to providing transparency about the financial requirements, so you’re fully prepared to start your journey as a successful Little Greek franchise owner. If you’re ready to learn more about costs and start planning your franchise, contact us today.
