Acropolis Greek Taverna

Greek and Mediterranean restaurant
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$580K - $842K
Units as of 2016
5 Decrease

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
Corporate Address 5214 N. Nebraska Ave.
Tampa, FL 33603
Social Facebook, Twitter

Business Overview

Franchising Since 2015 (10 years)
# of employees at HQ 4
# of Units 5 (as of 2016)

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 Information Circle
$50,000
Initial Investment Information Circle
$580,000 - $842,000
Royalty Fee Information Circle
4-6%
Ad Royalty Fee Information Circle
to 2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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-ops
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 35
Are exclusive territories available? Information Circle
Yes
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022