- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$580K - $842K
- Units as of 2016
-
5
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 (9 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
|
$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-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?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 35 |
Are exclusive territories available?
|
Yes |
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