
Acropolis Greek Taverna
Greek and Mediterranean restaurantThis company's data may be out of date.
- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$580K - $842K
- Units as of 2016
-
5 25.0% over 3 years
Company Overview
About Acropolis Greek Taverna
- Industry
- Food
- Related Categories
- Miscellaneous Full-Service Restaurants
- Founded
- 2001
- Parent Company
- Acropolis Greek Taverna Restaurant Group
- Leadership
- Hassan Waez, Founder and CEO
Franchising Overview
- Franchising Since
- 2015 (7 years)
- # of employees at HQ
- 4
- Where seeking
-
This company is seeking new franchisees in the following US states:
This company is seeking new franchisees in the following international regions:
- # of Units
- 5 (as of 2016)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Acropolis Greek Taverna franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $50,000
- Initial Investment
- $580,000 - $842,000
- Royalty Fee
- 4-6%
- Ad Royalty Fee
- to 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Acropolis Greek Taverna offers in-house financing to cover the following: startup costs, inventory
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 2 weeks
- Classroom Training
- 6 weeks
- Ongoing Support
-
Purchasing Co-opsMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField Operations
- Marketing Support
-
Co-op AdvertisingAd TemplatesRegional Advertising
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 35
- Are exclusive territories available?
- Yes
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