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Units as of 2020
9 (3 added in 3 years)
33.3%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$163K - $509K

Company Overview

About The Gyro Shack

Industry
Food
Founded
2009
Parent Company
Pronomio LLC
Leadership
Seth Brink, President

Franchising Overview

Franchising Since
2016 (5 years)
# of employees at HQ
4
Where seeking

This company is seeking new franchisees in the following US states: Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah, Wyoming

# of Units
9 (as of 2020)

Franchisor Information

Corporate Address
12426 W. Explorer Dr., #230
Boise, ID 83713

Information for Franchisees

Here’s what you need to know if you’re interested in opening a The Gyro Shack 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
$25,000
Initial Investment
$162,500 - $509,000
Net Worth Requirement
$500,000 - $1,000,000
Cash Requirement
$200,000 - $300,000
Veteran Incentives
20% off franchise fee
Royalty Fee
6%
Ad Royalty Fee
1.5%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Are you unsure which franchise is right for you?

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
80 hours
Classroom Training
32 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

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
5
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where The Gyro Shack landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where The Gyro Shack ranked on other franchise lists? Find out below.

Ranked #70

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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