How long will it take me to open my restaurant, once I have signed a Franchise Agreement?
Your first location will generally open within 6 – 9 months of signing your agreement. If your location has already been identified, the time to open can be reduced considerably.
What are the initial Franchise Fees and ongoing Royalty Fees?
The initial franchisee fee is $25,000. Currently there is no national advertising fee, but you will pay ongoing royalties of 5% of net sales. We ask that you spend a minimum of 1% of your net sales on local advertising.
How long will I be in training and what can I expect to learn?
Our initial training program consists of approximately three weeks of sit-down and on-site training at a company owned location in Tampa, Florida. The Hungry Greek requests that not only do you attend training, but that you bring your general manager, kitchen manager and up to two additional employees to complete our initial training program. In addition, one of our representatives will be at your site for at least 7 days (to be scheduled around your opening).
Your training program is intensive and includes: Recipes and Prep Procedures, Quality and Service Standards, Inventory Procedures, Equipment and Safety, Brand Compliance, Food Safety, and Sanitation and Health Code Compliance. When you have completed our training program, you will be ready to own a restaurant!
Where should I locate my Hungry Greek Restaurant?
We will work directly with your local real estate professional to help select the best location available. In general, we are looking for significant community activity, including:
- Mixed Medical Complexes and Offices
- Residential/suburban developments and subdivisions
- Schools of all Range Types
- Large Recreational or Fitness Related Centers
- Plazas and Other Social Gathering Spots
Ideally we would like to see you between 1,200 and 1,600 square feet and have outdoor seating available. It is not necessary for you to have a strong anchor tenant; however, visibility and signage is very important.
Will you help me with establishing my vendor relationships and initial inventory purchase?
Yes. The Hungry Greek has a preferred vendor program that will provide you with all the products that you will use to operate your restaurant. In addition, we will assist you with your opening inventory purchase.
Will you help me with my initial marketing strategy and grand opening?
Yes. We will assist you with all aspects of your opening and we will be in attendance.
Do you have a policy regarding Social Media and Organic Marketing Restrictions?
We have an extensive social media policy that we have coupled with best practices. Some store owners are better equipped than others to monitor and manage their social media presence. It is very important to maintain a seamless and cohesive online presence. We will discuss this at length during training and you will be all set up before you open your restaurant.