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Frequently asked questions about Franchising and MR. GREEK Restaurants


What is MR. GREEK's positioning and master plan for the future?
  MR. GREEK is the largest and fastest-growing Greek restaurant franchise in North America. There are over 21 restaurants open, and within the next year MR. GREEK expects having over 100 more in development.
   
Who is the ideal MR. GREEK Franchisee?
  Mr. Greek is seeking single-unit franchisees for the Ontario, Canada market and multi-unit development partners in territories throughout North America. Single unit franchise applicants should possess the following characteristics:

A strong desire to succeed;
The understanding that it is the customer who drives our business;
The ability to recruit, train and motivate people;
The willingness to devote a "hands-on" approach to the day-to-day operation of the business; and
The understanding that a franchisee is part of a team and, as such has a responsibility to every team member to operate the restaurant to the best of one's ability.

To be considered for multi-unit development, individuals or partnerships must meet the following minimum characteristics:

5 years multi-unit restaurant management experience as an owner and/or operator
Minimum financial net worth of $500,000 and liquidity of $200,000
Development agreement commitment of 3-20 units
Knowledge of real estate and trade areas in the development territory
Must have a strong desire to succeed, intense drive, and passion for the restaurant industry

   
How much will I need to invest?
 

Mr. Greek will offer a turnkey operation.  The expected investments are:
Mr. Greek Express 375,000- 425,000 (approx), plus franchise fee and pre-opening expenses
Mr. Greek Mediterranean Grill 750,000-800,000 (approx), plus franchise fee and pre opening expenses.

   
Does MR. GREEK provide financing?
  Mr. Greek has been approved by GE Franchise Finance to provide financing on approved credit to franchisees.
   
Does MR. GREEK assist with Real Estate?
  Real estate is vital to your success and we consider it to be a top priority. We will assist you in locating the strongest possible local broker, provide real estate criteria and work with you to secure the best possible locations.
   
Who designs and builds a franchised MR. GREEK restaurant?
  MR. GREEK will assist with design, architectural, and selecting your general contractor. We will also assist with the entire supply chain - furniture, fixtures, equipment, POS System, signage, printing, food and beverage purchasing and distribution, etc.
   
How much money can I make from a MR. GREEK restaurant?
  Disclosure laws will not let us make any earnings claims to prospective franchisees.  Therefore, we rely on our franchisees to supply you with information on this subject and, with some effort on your part; you can put together a fairly accurate pro forma.
   
What is the next step?
  The next step is to complete the short application form and submit it to our franchising department. A MR. GREEK Director of Development will contact you directly.
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