FranchiseVerdict
Taziki’s Mediterranean Café logo
FV-02566·MODERATEExcellent81

Taziki’s Mediterranean Café

Food & Beverage - Full ServiceFranchising since 2013Website
Investment
$567K – $1.2M
72nd pct Full Service
Avg revenue
$2.1M
43rd pct Full Service
Royalty
4.0%
6th pct Full Service
Units
100
83rd pct Full Service
SBA default

Bottom line

  • Total investment $567K – $1.2M including a $35K franchise fee, 4.0% ongoing royalty.
  • Average unit revenue of $2.1M/year.
  • Rated MODERATE with a risk score of 59/100.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Taziki’s Franchising, LLC
Parent company
Taziki’s, Inc.
Incorporated in
Alabama
HQ
3009 Pump House Road, Suite 200, Birmingham, Alabama 35243
Auditor
Warren Averett, LLC
Audited financials
Franchisor revenue
$8.1M
vs $8.6M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Taziki’s Mediterranean Café unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $2,068,341
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $567K–$1.2M
Working capital
$
FDD reports $10K–$10K

Unlevered ROIC · per unit

42%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$372K
EBITDA margin
18.0%
Total invested
$893K
Payback
29 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Taziki’s Mediterranean Café units return on equity?

Edit assumptions

Equity IRR · 5-yr

28.1%

3.45× MOIC

Year-1 DSCR

2.89×

EBITDA ÷ debt service

Equity required

$10.9M

on $22.8M purchase

Total debt

$11.8M

SBA $5.0M + senior + seller note

SBA 7(a) request ($11.4M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate casual-dining Mediterranean restaurants serving fresh mezze, grilled proteins, and salads in fast-casual format. Daily operations include food preparation, inventory management, staffing, and customer service across counter-service and dine-in environments. Franchisees manage P&L, vendor relationships, and local marketing while adhering to brand standards and menu specifications.

CEO
Dan Simpson
Founded
1998
FDD year
2025
States available
15

Item 7 · what it costs

The Vitals

Total investment
$567K – $1.2M
All-in to open one unit
Liquid capital
$10K – $10K
Cash you must have on hand
Franchise fee
$35K
Royalty
4.0%
Percentage of Net Cash Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
5.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$2.1M
Per unit, per year
Median gross sales
Item 19 type
Gross Sales and Expenses
Sample size
79 units
vs category median 15 · large
Range (low → high)
$994K$3.8M
Cohort dispersion
Transparency
6 / 5
vs category median 4 / 5 · above
Revenue rank43th
vs Food & Beverage - Full Service peers
Investment cost rank72th
Lower investment ranks lower (better)
Royalty rate rank6th
Lower royalty = lower percentile (better)
Unit count rank83th
vs Food & Beverage - Full Service peers
Risk score rank39th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
100
Opened
6
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
40
Corporate units in the system
% franchised
60%
vs corporate-owned
Net growth (yr3)
-6.2%
Net unit change last year
3-yr CAGR
-4.8%
Compounded over last 3 years
2023
60-4
Franchised units
2024
64
Franchised units
2025
63
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 28 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 28 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

59
Risk · 0-100
MODERATE59 / 100

Declining unit count, missing profitability data, and franchisor financial concerns present meaningful risks despite no litigation and reasonable royalty rate.

Score breakdown · what drove the 59 / 100 rating

  1. 01MINORUnit count declining 6.2% YoY indicates system contraction and potential franchisee dissatisfaction
  2. 02MEDNet income not disclosed in Item 19 — unable to verify actual profitability against $567k-$1.2M investment
  3. 03MINORHigh initial investment range ($567k-$1.2M) with no transparent income disclosure creates ROI uncertainty
  4. 04HIGHGoing Concern status is False — potential financial stability concerns at franchisor level
  5. 05MINOR4% royalty on $2M average revenue generates only ~$80k annually, tight margin for franchisor support

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Alabama

Item 11

Training & Operations

Classroom training
0 hrs
On-the-job training
400 hrs
POS system
Square, Inc. Food & Beverage tablet based point of sale system
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

100 numbers

Locked
(720) 310-••••
CO
(984) 266-••••
NC
(513) 234-••••
OH

One-time purchase · CSV download · Validation questions included

FDD download

Taziki’s Mediterranean Café · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above