FranchiseVerdict
The Great Greek Mediterranean Grill logo
FV-02643·STRONGExcellent100

The Great Greek Mediterranean Grill

Food & Beverage - Full ServiceFranchising since 2018Website
Investment
$527K – $1.2M
68th pct Full Service
Avg revenue
$1.6M
33rd pct Full Service
Royalty
6.0%
54th pct Full Service
Units
77
79th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $527K – $1.2M including a $40K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $1.6M/year (median $1.5M). Estimated payback in 1.7 years.
  • Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 83 loans (below the industry average).
  • System growing at 187.5% CAGR over 3 years with 77 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Great Greek Franchising, LLC
Parent company
UFG Holdings Group, LLC and TGG Partners, LLC
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

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 The Great Greek Mediterranean Grill unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,562,385
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: $527K–$1.2M
Working capital
$
FDD reports $40K–$85K

Unlevered ROIC · per unit

24%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$219K
EBITDA margin
14.0%
Total invested
$920K
Payback
50 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 The Great Greek Mediterranean Grill units return on equity?

Edit assumptions

Equity IRR · 5-yr

44.6%

6.32× MOIC

Year-1 DSCR

1.99×

EBITDA ÷ debt service

Equity required

$2.7M

on $10.9M purchase

Total debt

$8.3M

SBA $5.0M + senior + seller note

SBA 7(a) request ($5.5M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate casual-service Mediterranean fast-casual restaurants featuring Greek-inspired cuisine (gyros, bowls, salads, wraps). Day-to-day operations include kitchen management, food preparation, POS systems, staffing, inventory control, and customer service in typically 1,200–2,500 sq ft locations with average revenue of ~$1.56M annually.

CEO
Ray Titus
Founded
2017
FDD year
2025
States available
22

Item 7 · what it costs

The Vitals

Total investment
$527K – $1.2M
All-in to open one unit
Liquid capital
$40K – $85K
Cash you must have on hand
Franchise fee
$40K
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 v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.6M
Per unit, per year
Median gross sales
$1.5M
Item 19 type
Affiliate and Franchised
Sample size
17 units
vs category median 15
Range (low → high)
$964K$2.4M
Cohort dispersion
Transparency
10 / 5
vs category median 4 / 5 · above
Revenue rank33th
vs Food & Beverage - Full Service peers
Investment cost rank68th
Lower investment ranks lower (better)
Royalty rate rank54th
Lower royalty = lower percentile (better)
Unit count rank79th
vs Food & Beverage - Full Service peers
Risk score rank18th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
77
Opened
21
Last reporting year
Closed
2
Turnover rate
2.6%
Company-owned
8
Corporate units in the system
% franchised
90%
vs corporate-owned
Net growth (yr3)
+38.0%
Net unit change last year
3-yr CAGR
+187.5%
Compounded over last 3 years
2023
69+20
Franchised units
2024
50
Franchised units
2025
24
Franchised units

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

Item 20 · 26 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 · 26 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.

Total loans
83
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

52
Risk · 0-100
STRONG52 / 100

Rapid growth and solid unit economics are offset by serious regulatory compliance violations, lack of verified financial disclosures, and litigation indicating systemic franchise agreement enforcement issues.

Score breakdown · what drove the 52 / 100 rating

  1. 01HIGHMultiple regulatory violations and litigation including FTC injunction against affiliate for earnings claims and fee misrepresentation
  2. 02MINOR77 units with 38% YoY growth masks potential base erosion—verify if growth is net new or includes reacquisitions of failed locations
  3. 03HIGHNo Item 19 financial performance disclosure (Going Concern = False) despite $1.56M average revenue claims—cannot independently verify earnings
  4. 04HIGHAggressive litigation history across multiple states (CA trademark, MD unregistered sales, CA consent orders) suggests compliance culture problems
  5. 05MINORHigh investment range ($526K–$1.18M) with 6% royalty requires $93K–$71K annual royalty on average revenues before debt service and operating costs
  6. 06MINOR35-year term is unusually long for a growing brand; may indicate difficulty with franchisee retention or renewal rates

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
35 years
Renewal term
35 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
5
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
60 hrs
On-the-job training
144 hrs
POS system
Toast
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

86 numbers

Locked
(505) 280-••••
NM
(754) 206-••••
FL
(850) 257-••••
FL

One-time purchase · CSV download · Validation questions included

FDD download

The Great Greek Mediterranean Grill · FDD (2025) PDF

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