About LITTLE GREEK Franchise
Little Greek Fresh Grill is a fast casual restaurant franchise specializing in American Greek cuisine, including salads, pitas, gyros, wraps, sandwiches, and beverages.
The brand serves both lunch and dinner with options for dine in, take out, and catering, bringing the fresh, flavorful tradition of Mediterranean cooking to everyday dining.
The franchise fee is $35,000, and Little Greek has been franchising since 2011.
LITTLE GREEK Franchise Cost & Fees
Minimum Investment
$170K
Average Investment
$385K
Maximum Investment
$601K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $35,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of Gross Sales | National brand fund |
| Total Investment Range | $170,000 – $600,500 | Includes build-out, inventory, working capital |
The investment range of $170K–$601K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Sales) and marketing fee (1% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $35,000 | $35,000 |
| Training Fee | $5,000 | $5,000 |
| Cost to provide on-site pre-opening and opening training, supervision, and assistance | $3,000 | $8,500 |
| Location Assistance Fee | $0 | $500 |
| Rent – 3 Months | $7,600 | $21,500 |
| Security Deposits | $4,000 | $8,000 |
| Leasehold Improvements | $36,500 | $275,000 |
| Equipment, Furniture and Fixtures | $7,500 | $95,000 |
| POS Computer System | $4,000 | $8,000 |
| Insurance – 3 Months | $900 | $3,500 |
| Permits and Licenses | $525 | $2,500 |
| Initial Inventory | $7,000 | $13,000 |
| Signage | $1,000 | $6,500 |
| Grand Opening Advertising | $2,500 | $7,500 |
| Blueprints | $6,500 | $9,500 |
| Travel Expenses for Training | $7,000 | $14,000 |
| Professional Fees | $1,975 | $7,500 |
| Additional Funds – 3 Months | $40,000 | $80,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 50% of our then-current initial franchise fee and 100% of our current training fee |
| Renewal Fee | 50% of the then-current initial franchise fee |
| Technology Fee | Approximately $250 Monthly |
| Audit Fee | Cost of audit |
| Local Advertising | 3% of Gross Sales or $850, whichever is higher |
| Cooperative Advertising | As determined by Cooperative, but not more than 2% of Gross Sales |
| Initial Training (For New or Replacement Employees) | Our then-current per person training fee, plus expenses (Current per person training fee = $2,500) |
| Additional On-Site Training | Our then-current per diem rate per trainer, plus expenses (Current per diem rate = $450) |
| Interest | 1.5% per month or the highest rate allowed by applicable law, whichever is less |
| Prohibited Product or Service Fine | $350 per day of use of unauthorized products or services |
| Successor Agreement Fee | 50% of our then-current initial franchise fee |
| Product and Supplier Evaluation | $400 |
| Computer/ Point of Sale (POS) System Maintenance | Up to $2,000 Annually |
| Website Fee | $250 Annually |
| Costs and Attorneys’ Fees | Will vary under circumstances |
| Indemnification | Will vary under circumstances |
| Repair, Maintenance, and Remodeling/ Redecorating | Will vary under circumstances |
| ServSafe / TIPS (or equivalent) Training | $225 or then-current fee |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | The in-store training is usually conducted at a Little Greek Fresh Grill Restaurant in the Tampa, Florida area for a period of six weeks, depending on the background and experience of the person being trained, proximity and availability. Generally, training is conducted 60 days before opening your Restaurant. |
| Classroom Training | 24 hours |
| On-the-Job Training | 96 hours |
| Training Location | Tampa, Florida |
| Additional Training | Training programs and seminars and other related activities regarding the operation of the Restaurant as we may conduct for you or Restaurant personnel generally, which may be mandatory for your Operating Principal, General Manager and other Restaurant personnel. At your request, additional on-site training at your Restaurant. You must pay our per diem fee for each trainer providing the training as well as reimburse our expenses (see Item 6). |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Designated Territory |
| Exclusive Territory | Yes |
| Territory Size | The minimum area that may be granted in a suburban area is up to a three-mile radius from the epicenter of your current location to the epicenter of another approved traditional franchise location. For more densely populated urban areas, we reserve the right to limit the Designated Territory size. |
| Description | Your Franchise Agreement will specify the site that will be the Approved Location for your Restaurant. Your Franchise Agreement may also specify a Designated Territory. The size and scope of the Designated Territory will be contained in the Franchise Agreement and will be determined according to whether the Approved Location is an urban area or a suburban area. The Designated Territory is not the same area as, and will be smaller than, the trade area in which you will be looking for a site. We will provide you with information regarding our classification of each portion of your trade area as urban or suburban. The minimum area that may be granted in a suburban area is up to a three-mile radius from the epicenter of your current location to the epicenter of another approved traditional franchise location. For more densely populated urban areas, we reserve the right to limit the Designated Territory size. If you do not yet have a location at the signing of the Franchise Agreement, you will receive a non-exclusive site search area list as Attachment 1. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 10 years |
| Renewal Fee | 50% of the then-current initial franchise fee |
| Renewal Conditions | Provide written notice 6 months prior to expiration of the initial term; Be in substantial compliance with your obligations under the Franchise Agreement; Provide evidence that you have the right to remain in possession of your location; Pay a successor agreement fee equal to 50% of the then-current initial franchise fee; and Execute a general release. |
| Transfer Fee | 50% of our then-current initial franchise fee and 100% of our current training fee |
| Transfer Conditions | You must pay all amounts due us or our affiliates, not otherwise be in default, sign a general release, and pay a transfer fee along with training fee. Transferee must meet our criteria, attend training and sign current Franchise Agreement |
| Termination for Cause | Each of your obligations under the Franchise Agreement is a material and essential obligation, the breach of which may result in termination. Includes detailed curable and non-curable defaults in Sections 17.1.2 and 17.1.3. |
| Non-Compete Period | two years |
| Non-Compete Details | You and your Principals are prohibited for two years from expiration or termination of the franchise from operating or having an interest in a similar business within 20 miles of any Restaurant in the System |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | When you sign your agreement, you must designate and retain at all times an individual to serve as the “Operating Principal”. If you are an individual, you must perform all obligations of the Operating Principal. If you are a corporation, partnership or other form of entity, the Operating Principal must be one of your Principals and must hold an ownership interest in you or any entity that directly or indirectly controls you. Except as otherwise provided in the Agreements, the Operating Principal’s interest in you must remain free of any pledge, mortgage, hypothecation, lien, charge, encumbrance, voting agreement, proxy, security interest or purchase right or option. The Operating Principal must participate in the daily operation of the Restaurant. In certain, limited circumstances, we may permit the Operating Principal to oversee management of the Restaurant and designate the primary daily responsibilities to a General Manager. If we permit the Operating Principal to designate a General Manager, the Operating Principal must take all necessary action to make sure that the designee conducts and fulfills all of the Operating Principal’s obligations and the Operating Principal will remain fully responsible for his performance. The Operating Principal must sign the applicable agreement as one of your Principals, and will individually guarantee all of your obligations, and will be jointly and severally bound by all of your obligations and the obligations of the Operating Principal and your Principals under the agreement. |
| Required Suppliers | You must obtain all food and beverage items, ingredients, supplies, materials, fixtures, furnishings, equipment (including point of sale, computer hardware and software), and other products used or offered for sale at the Restaurant solely from suppliers who demonstrate, to our continuing reasonable satisfaction, the ability to meet our then-current standards or in accordance with our standards and specifications. |
| Supply Restrictions | You must not deviate from these standards and specifications by the use or offer of non-conforming items, or differing amounts of any items, without obtaining our written consent first. |
| Franchisor Revenue from Suppliers | For the fiscal year ended December 31, 2022, we had total revenue of $2,318,707 of which $260,115, or 11.2% of our total revenues, was from approved suppliers based on their sales of products to our franchisees. The payments we received are broken down as follows: $142,986 from Compass, $89,227 from Sysco, $1,789 from Greek Boys, $3,113 from Shift 4, $18,000 from Kronos and $5,000 from Wisconsin Dairy. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer, either directly or indirectly, any financing arrangements to you. We do not guarantee your notes, leases or other obligations. |
LITTLE GREEK Franchise Earnings — Item 19
Average Revenue
$850K
Sample Size
45 units
Past financial performance does not guarantee future results. Individual results will vary.
LITTLE GREEK Litigation & Risk Flags
Clean Litigation RecordLITTLE GREEK has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
LITTLE GREEK System Growth
Total Units
45
Franchised
44
Company-Owned
1
LITTLE GREEK currently operates 44 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 1 | 2 | 43 |
| 2021 | 1 | 2 | 42 |
| 2022 | 4 | 0 | 45 |
Transfers: 7 | Closures: 4
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$2.5M
Net Income
$492K
Total Assets
$1.3M
Audited by Blake & Moore, C.P.A.s, P.A. for year ending December 31st.
LITTLE GREEK Franchise — FAQ
The total investment to open a LITTLE GREEK franchise ranges from $170,000 to $600,500, per their Franchise Disclosure Document. This includes the initial franchise fee of $35,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
LITTLE GREEK charges a royalty fee of 6% of Gross Sales of gross sales, plus a 1% of Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the LITTLE GREEK Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from LITTLE GREEK to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, LITTLE GREEK franchise owners report average revenue of $850K. This is based on a sample of 45 units. Past performance does not guarantee future results.
LITTLE GREEK has been franchising since 2011. The FDD shows an investment range of $170,000-$600,500, a 6% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $35,000 and the total investment ranges from $170,000 to $600,500 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from LITTLE GREEK and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with LITTLE GREEK or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com