The Great Greek Mediterranean Grill Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
The Great Greek Mediterranean Grill is a fast-casual franchise serving fresh Greek and Mediterranean gyros, bowls, and salads. Franchisees run restaurants managing food prep, counter and dine-in service, and staffing.
FranchiseVerdict summary · 2026
A The Great Greek Mediterranean Grill franchise requires a total initial investment of $527K – $1.2M, including a $36K – $40K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $1.6M[2]. SBA 7(a) loans show a 2.3% charge-off rate across 44 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $527K – $1.2M
- 36th pct Service Resta…
- Avg gross sales
- $1.6M
- 17th pct Service Resta…
- Royalty
- 6.0%
- 28th pct Service Resta…
- Units
- 77
- 41st pct Service Resta…
- SBA charge-off
- 2.3%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Full-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $527K – $1.2M including a $36K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.6M/year (median $1.5M), with an estimated 57% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Strongest tier), verdict score 65/100 (higher is better). SBA loan charge-off rate of 2.3% across 44 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- Bankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Great Greek Franchising, LLC
- Parent company
- United Franchise Group (affiliated brand collection, not a legal parent)
- CEO title
- Chief Executive Officer
- Ray Titus
- Incorporated in
- Florida
- HQ
- 2121 Vista Parkway, West Palm Beach, Florida 33411
- Auditor
- Milbery & Kesselman, CPAs, LLC
- Audited financials
- Franchisor revenue
- $5.6M
- vs $9.6M prior year
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- Franchise Real Estate
- Zor Franchise Services
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Ray Titus
- Headquarters
- FL
- Founded
- 2017
- FDD year
- 2025
- States available
- 22
Can you afford it, and what does the money buy?
Entry cost runs 9% below the typical full-service restaurants franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $36K | $36K |
| Working capital (3–6 mo) | $40K | $85K |
| Equipment, build-out, other | $451K | $1.1M |
| Total initial investment | $527K | $1.2M |
Source: The Great Greek Mediterranean Grill 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $527K – $1.2M
- Top 40% of category vs category
- Liquid capital req'd
- $40K – $85K
- Top 40% of category vs category
- Franchise fee
- $36K – $40K
- Top 40% of category vs category
- Royalty
- 6.0%
- Gross Revenues · typical 6–8%
- Ad fund
- 3.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
- Payback period
- 1.7 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 3.0% of gross sales |
| Technology fee | $50 |
| Transfer fee | $30K |
| Renewal fee | $3K |
| Inventory (initial) | $8K – $17K |
| Total fee load | 9.0% of rev |
What do units actually make?
Average unit sales land near the full-service restaurants norm.
Source: FDD 2025 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$141K
9.0% margin
Unlevered ROIC
15%
EBITDA / total invested capital
Payback
6.5 yrs
cash-on-cash, unlevered
Financial Performance
- Avg gross sales
- $1.6M
- Per unit, per year
- Median gross sales
- $1.5M
- Avg p&l bottom line
- $493K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 57.4%
- Based on P&L Bottom Line / investment midpoint
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- Affiliate and Franchised
- Sample size
- 17 units
- vs category median 16
- Range (low → high)
- $964K→$2.4M
- Cohort dispersion (min → max)
- Quartile band
- $1.2M→$2.1M
- Bottom 25% → top 25%
- Transparency tier
- full
- Categorical assessment of disclosure depth
- Reporting year
- 2025
- Fiscal year the figures cover
- Transparency
- 10 / 10
- vs category median 4 / 10 · above
Compared against 1273 Full-Service Restaurants brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $1.6M/year in gross sales. Revenue-to-investment ratio: 1.8x.
Fee burden
Total ongoing fee load of 9.0% — above the Full-Service Restaurants average of 7.6%.
Disclosure
Transparency score 10/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Operator retention
System expanding at 187.5% CAGR over 3 years across 77 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Full-Service Restaurants averages
How The Great Greek Mediterranean Grill Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 77
- Opened
- 21
- Last reporting year
- Closed
- 1
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 2.9%
- Company-owned
- 8
- Corporate units in the system
- % franchised
- 90%
- vs corporate-owned
- Net growth (3-yr)
- +187.5%
- Net unit change over 3 years
- 3-yr CAGR
- +187.5%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 21
- Closed (3yr)
- 1
- Terminated (3yr)
- 1
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 6
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 29 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).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 44
- Loan volume
- $29.8M
- Median loan
- $678K
- average
- Charge-off rate
- 2.3%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- 12.5%
- Loans approved 2021+
- Active lenders
- 14
- Defaults
- 1
Vintage analysis
The Great Greek Mediterranean Grill charge-off rate by loan vintage
Top lenders financing The Great Greek Mediterranean Grill franchisees
Showing 3 of 14 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into The Great Greek Mediterranean Grill's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 14 states
- Startup risk premium and job creation velocity
Instant access. No subscription.
What could kill this investment?
SBA loans charge off at 2.3% — 86% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Negative franchisor equity of -$2.35M and 5 disclosed matters (one pending trademark dispute plus four historical FTC/consent decree items). Offsetting: positive $465K net income, $10.6M revenue, audited, Item 19 disclosed, and explosive +187.5% unit growth. Two stacked concerns (negative equity + litigation history).
Litigation (Item 3)
5 case reference(s): 1 pending, 2 settled.
Bankruptcy (Item 4)
Disclosed in last 7 years
Bankruptcy Code; (b) obtained a discharge of its debts under the bankruptcy code; or (c) was a principal officer of a company or a general partner in a partnership that either filed as a debtor (or had filed against it) a petition to start an action under the U.S. Bankruptcy Code or that obtained a
Audited financials (Item 21)
Yes · Milbery & Kesselman, CPAs, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 65 / 100 verdict
- 01MINORNegative equity -$2.35M
- 02MINOR5 matters: pending trademark suit + historical FTC/consent decrees
- 03MINORPositive net income $465K, $10.6M revenue, +187.5% growth
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 35 years |
|---|---|
| Renewal term | 35 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Mandatory arbitration | Yes |
| Governing law | Florida |
| Litigation count | 5 |
View Item 3 litigation summary
5 case reference(s): 1 pending, 2 settled.
Items 10, 11
Training & Operations
- Classroom training
- 60 hrs
- On-the-job training
- 144 hrs
- Training location
- On-site and corporate
- POS system
- Toast
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast
Item 20 · call current owners
Franchisee Contacts
138 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
The Great Greek Mediterranean Grill · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a The Great Greek Mediterranean Grill franchise?
The total investment to open a The Great Greek Mediterranean Grill franchise ranges from $527K – $1.2M, with an initial franchise fee of $36K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do The Great Greek Mediterranean Grill franchise owners earn?
According to Item 19 of the The Great Greek Mediterranean Grill FDD, the average gross sales per unit is $1.6M. The median is $1.5M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is The Great Greek Mediterranean Grill's franchise failure rate?
Based on SBA 7(a) loan data, The Great Greek Mediterranean Grill has a charge-off rate of 2.3% across 44 loans, meaning 2.3% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many The Great Greek Mediterranean Grill franchise locations are there?
As of their most recent FDD filing, The Great Greek Mediterranean Grill has 77 total units in the United States, including 69 franchised units and 8 company-owned units. 21 new units were opened in the latest reporting year.
Is The Great Greek Mediterranean Grill a good franchise to buy?
FranchiseVerdict rates The Great Greek Mediterranean Grill as a A-grade franchise with a verdict score of 65 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.