Franopolis

    Great Greek

    Franchise research report · reviewed 2026 disclosure data

    Reviewed sources

    The Great Greek Mediterranean Grill is a fast-casual restaurant chain serving Greek and Mediterranean dishes, including gyros, dips, and desserts, with dine-in and catering options. Its customers are individuals and groups seeking prepared Mediterranean-style meals.

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    Headline figures

    Great Greek quick facts

    Is Great Greek a franchise?
    Yes. Great Greek offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 87 outlets in total (2026 FDD, Item 20, PDF p. 65).
    How much does it cost to open a Great Greek franchise?
    The Great Greek Franchise Disclosure Document reports separate estimated initial investments by format: $744,620–$1,246,725 for development — 167,225 as outlined in table above as outlined in table above as outlined in table above total — 744620 (2026 FDD, Item 7, PDF p. 31); $1,206,725 for single restaurant — incurred employees, suppliers, and other third - party vendors total 13 $704,620 (plus taxes) — 1206725 (2026 FDD, Item 7, PDF p. 28); $704,620 for single restaurant — 90 ,000 as arranged as incurred employees, suppliers, and other third - party vendors total 13 — 704620 (2026 FDD, Item 7, PDF p. 28). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does Great Greek charge?
    The disclosed ongoing royalty is 18% (2026 FDD, Item 6, PDF p. 26). The brand or advertising fund contribution is 3% (2026 FDD, Item 6, PDF p. 19). Other recurring fees are listed in Item 6. Details
    Does Great Greek disclose financial performance (Item 19)?
    Yes. The Great Greek FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 61). Figures apply only to the locations and period each one covers. Details
    How many Great Greek locations are there?
    The FDD reports 87 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 65). Existing locations do not indicate territory availability. Details
    Is Great Greek a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $744,620 – $1,246,725 (Development — 167,225 As outlined in table above As outlined in table above As outlined in table above Total — 744620); $1,206,725 (Single restaurant — incurred Employees, suppliers, and other third - party vendors Total 13 $704,620 (plus taxes) — 1206725); $704,620 (Single restaurant — 90 ,000 As arranged As incurred Employees, suppliers, and other third - party vendors Total 13 — 704620); several initial fee options apply.
    2. 2Item 19 covers 20 separate groups: other measures for 1 Affiliate-owned locations; other measures for 1 Affiliate-owned locations; other measures for 1 Affiliate-owned locations; other measures for 1 Affiliate-owned locations; other measures for 1 Affiliate-owned locations; other measures for 1 Affiliate-owned locations; other measures for 1 Affiliate-owned locations; other measures and revenue for 7 Affiliate-owned locations; other measures for 55 Franchised locations; other measures for 14 Franchised locations; other measures for 14 Franchised locations; other measures for 13 Franchised locations; other measures for 14 Franchised locations; other measures for 55 Franchised locations; other measures for 5 Franchised locations; other measures for 4 Franchised locations; other measures for 17 Franchised locations; other measures for 17 Franchised locations; other measures for 4 Franchised locations; other measures for 4 Franchised locations. They are not combined.
    3. 3Outlets grew by 13 in 2025, to 87 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Compare outlet trendsPut Item 20 counts side by side with up to 3 other brands.

    Great Greek head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

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    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 3 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (3)

    Each format has its own total. The total depends on the format you choose.

    • Single restaurant — 90 ,000 As arranged As incurred Employees, suppliers, and other third - party vendors Total 13 — 704620PDF p. 28$704,620
    • Development — 167,225 As outlined in table above As outlined in table above As outlined in table above Total — 744620PDF p. 31$744,620 – $1,246,725
    • Single restaurant — incurred Employees, suppliers, and other third - party vendors Total 13 $704,620 (plus taxes) — 1206725PDF p. 28$1,206,725

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    oses that you have paid 98% or less royalties in any one month, plus interest at the lesser of — 18Main ongoing fee

    55 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    20 separate populations, shown apart. Revenue is not owner income.

    1 locations

    Other measures · 1 locations

    Who is counted
    Blue Adamas, LLC
    Period
    Net operating income
    Excluded
    No royalty or marketing fund contributions paid by affiliates.
    Method
    Historic actual results. Gross revenue excludes sales tax and customer rebates/cashback; food cost net vendorrebates; payroll includesmanager/hourly/relatedcosts. Netoperatingincomeafteroperatingexpenses; nocomputation.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of May1,2025 toApril30,2026 of each year.

    2026 FDD · Item 20 · PDF p. 65

    Net +30 outlets, 2023–2025

    0572023742024872025+17+13

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($704,620 – $1,246,725) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 74 to 87 in 2025. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Item 19 — Locations counted not stated in the reviewed record — Blue Adamas, LLC · PDF p. 61
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Neighbors Hospitality, LLC · PDF p. 61
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Tessera, LLC · PDF p. 61
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Greek Rose, LLC · PDF p. 61
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Downtown Greek, LLC · PDF p. 61
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Eastside Greek, LLC · PDF p. 61
    7. [7]Item 19 — Locations counted not stated in the reviewed record — North Greek, LLC · PDF p. 61
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Seven affiliate-owned ClarkCountyNevada restaurants · PDF p. 61
    9. [9]Item 19 — Locations counted not stated in the reviewed record — US franchised restaurants 1+years same ownership full12months reporting · PDF p. 62; PDF p. 63
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Top Quarter of55 1+year franchised restaurants · PDF p. 63
    11. [11]Item 19 — Locations counted not stated in the reviewed record — 2 nd Quarter of55 1+year franchised restaurants · PDF p. 63
    12. [12]Item 19 — Locations counted not stated in the reviewed record — 3 rd Quarter of55 1+year franchised restaurants · PDF p. 63
    13. [13]Item 19 — Locations counted not stated in the reviewed record — Bottom Quarter of55 1+year franchised restaurants · PDF p. 63
    14. [14]Item 19 — Locations counted not stated in the reviewed record — Total of55 1+year franchised restaurants · PDF p. 63
    15. [15]Item 19 — Locations counted not stated in the reviewed record — Top Quarter of17 3+year franchised restaurants · PDF p. 64
    16. [16]Item 19 — Locations counted not stated in the reviewed record — 2 nd Quarter of17 3+year franchised restaurants · PDF p. 64
    17. [17]Item 19 — Locations counted not stated in the reviewed record — Total of17 3+year franchised restaurants · PDF p. 64
    18. [18]Item 19 — Locations counted not stated in the reviewed record — US franchised restaurants 3+years same ownership full12months reporting · PDF p. 64; PDF p. 63
    19. [19]Item 19 — Locations counted not stated in the reviewed record — 3 rd Quarter of17 3+year franchised restaurants · PDF p. 64
    20. [20]Item 19 — Locations counted not stated in the reviewed record — Bottom Quarter of17 3+year franchised restaurants · PDF p. 64
    21. [21]Outlet counts — Item 20, Table 1 · PDF p. 65

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    No territory or operating requirements have been reviewed yet.

    181 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2026cash and cash equivalents$766,040
    2026accounts receivable, net$221,692
    2026contract assets$1,462,429
    2026prepaid expenses$2,170,299
    2026promissory notes, net$58,836
    2026total current assets$4,690,749
    2026loans receivable - related parties$335,508
    2026total other assets$335,508
    2026accrued expenses$324,194
    2026current portion of long term debt$3,202
    2026franchise deposits$175,734
    2026total current liabilities$3,971,416

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.

    Little CaesarsWingstopSubwayFive GuysSonic Drive-InTaco Bell Corp.

    Head-to-head comparisons

    Great Greek vs Little CaesarsGreat Greek vs WingstopGreat Greek vs SubwayGreat Greek vs Five GuysGreat Greek vs Sonic Drive-InGreat Greek vs Taco Bell Corp.
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Not reviewed

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 5 · PDF p. 18 · 2026 FDD

      Our summary: l pay our affiliate, Franchise Real Estate, a Design and Project Management Fee (“DPM Fee”) of — 10000

      “e paid prior to opening your Restaurant and is not refundable. Design and Project Management Fee Y ou will pay our affiliate, Franchise Real Estate, a Design and Project Management Fee (“DPM Fee”) of $10,000 for assistance in managing the construction or remodeling and finishing of the location for your business . You will pay the DPM Fee upon signing the Franchise Agreement. Generally, the DPM Fee is uniformly charged ; however, in certain unique circumstances in the past fiscal year, we have reduced or waived a fee for a particular franchisee. The DPM Fee is not refundable. MULTI - UNIT DEVELOPMENT AGREEMENT Development Fee If you and we agree that you will develop at least three (3) The Great Greek Mediterranean Grill® Restaurant s, then you will sign our Multi - Unit Development Agreement (“MUDA”) in the form of Exhibit B to this disclosure document as well as the Franchise Agreement”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 66 · 2026 FDD

      Our summary: Table 3 Indiana 2023 — Not renewed

      “2023 1 0 0 0 0 0 1”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 66 · 2026 FDD

      Our summary: Table 3 Indiana 2023 — Reacquired

      “2023 1 0 0 0 0 0 1”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 66 · 2026 FDD

      Our summary: Table 3 Indiana 2023 — Terminated

      “2023 1 0 0 0 0 0 1”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 66 · 2026 FDD

      Our summary: Table 3 Indiana 2023 — End

      “2023 1 0 0 0 0 0 1”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 66 · 2026 FDD

      Our summary: Table 3 Indiana 2024 — Start

      “2024 1 1 0 0 0 0 2”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 66 · 2026 FDD

      Our summary: Table 3 Indiana 2024 — Opened

      “2024 1 1 0 0 0 0 2”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 66 · 2026 FDD

      Our summary: Table 3 Indiana 2023 — Other ceased

      “2023 1 0 0 0 0 0 1”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 67 · 2026 FDD

      Our summary: Table 3 Wisconsin 2024 — Opened

      “2024 0 1 0 0 0 0 1”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 67 · 2026 FDD

      Our summary: Table 3 Wisconsin 2024 — Start

      “2024 0 1 0 0 0 0 1”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 67 · 2026 FDD

      Our summary: Table 3 Wisconsin 2024 — Not renewed

      “2024 0 1 0 0 0 0 1”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 67 · 2026 FDD

      Our summary: Table 3 Wisconsin 2024 — Other ceased

      “2024 0 1 0 0 0 0 1”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 67 · 2026 FDD

      Our summary: Table 3 Wisconsin 2025 — Not renewed

      “2025 1 0 0 0 0 0 1”

      Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.

    • Item 20 · PDF p. 67 · 2026 FDD

      Our summary: Table 3 Wisconsin 2024 — End

      “2024 0 1 0 0 0 0 1”

      Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.

    • Item 20 · PDF p. 67 · 2026 FDD

      Our summary: Table 3 Wisconsin 2024 — Terminated

      “2024 0 1 0 0 0 0 1”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 67 · 2026 FDD

      Our summary: Table 3 Wisconsin 2024 — Reacquired

      “2024 0 1 0 0 0 0 1”

      Note: This is a state-specific Item 20 outlet row, not the national/systemwide Total row required for verification.

    • Item 20 · PDF p. 67 · 2026 FDD

      Our summary: Table 3 Wisconsin 2025 — Terminated

      “2025 1 0 0 0 0 0 1”

      Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.

    • Item 20 · PDF p. 67 · 2026 FDD

      Our summary: Table 3 Wisconsin 2025 — Start

      “2025 1 0 0 0 0 0 1”

      Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.

    • Item 20 · PDF p. 67 · 2026 FDD

      Our summary: Table 3 Wisconsin 2025 — Opened

      “2025 1 0 0 0 0 0 1”

      Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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