The Great Greek Mediterranean GrillFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A The Great Greek Mediterranean Grill franchise requires a total initial investment of $527K – $1.2M, including a $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]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $527K – $1.2M
- 34th pct Service Resta…
- Avg gross sales
- $1.6M
- 16th pct Service Resta…
- Royalty
- 6.0%
- 26th pct Service Resta…
- Units
- 77
- 40th pct Service Resta…
- SBA default
- 2.3%
- system-wide median varies by category
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
The system grew 38% year-over-year. Fast growth means demand, but can strain support.
57% cash-on-cash return (based on P&L Bottom Line). Above the 20% threshold most investors target.
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), with an estimated 57% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 46/100. SBA loan charge-off rate of 2.3% across 44 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- Bankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
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
- FL
- 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
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
- Headquarters
- FL
- Founded
- 2017
- FDD year
- 2025
- States available
- 22
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $40K | $40K |
| Working capital (3–6 mo) | $40K | $85K |
| Equipment, build-out, other | $447K | $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.
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
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $527K – $1.2M
- Better than avg vs category
- Liquid capital req'd
- $40K – $85K
- Better than avg vs category
- Franchise fee
- $36K – $40K
- Better than avg 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 |
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
- Item 19 type
- Affiliate and Franchised
- Sample size
- 17 units
- vs category median 13
- 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 / 5
- vs category median 4 / 5 · above
Compared against 1264 Full-Service Restaurants brands
vs Full-Service Restaurants averages
How The Great Greek Mediterranean Grill Compares
Unit growth
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
3-year detail · Item 20
- Transfers (3yr)
- 6
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
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
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.
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 46 / 100 rating
- 01HIGHMultiple regulatory violations and litigation including FTC injunction against affiliate for earnings claims and fee misrepresentation
- 02MINOR77 units with 38% YoY growth masks potential base erosion—verify if growth is net new or includes reacquisitions of failed locations
- 03HIGHNo Item 19 financial performance disclosure (Going Concern = False) despite $1.56M average revenue claims—cannot independently verify earnings
- 04HIGHAggressive litigation history across multiple states (CA trademark, MD unregistered sales, CA consent orders) suggests compliance culture problems
- 05MINORHigh investment range ($526K–$1.18M) with 6% royalty requires $93K–$71K annual royalty on average revenues before debt service and operating costs
- 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
| 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 $40K. 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 24 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 risk score of 46 out of 100, 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.
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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.