Santorini Island Grill

At a Glance

Products & Services: Greek restaurant

Number of Locations: 3

Total Investment: $154.5K - $273K

Founded: 1999

Began Franchising: 2006

Franchise Units

Year U.S. Canadian International Company Owned
2010 1 0 0 2

Startup Costs, Ongoing Fees and Financing

Total Investment: $154,500 - $273,000
Franchise Fee: $29,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $750,000
Liquid Cash Available: $150,000
Operations
Number of employees needed to run franchised unit: 6 - 6. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 weeks. At franchisee's location: 3-4 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Ad slicks, National media, Regional advertising,