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Nick The Greek

Information based on 2024 FDD
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Brand Highlights
  • Founded in 2014
  • Franchising Since 2018
  • 59 US Franchises
  • $414,750 - $597,000 Investment Range
  • $1,573,992 Average Gross Revenue
  • 6% Royalty Fee
  • $35,000 Franchise Fee
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Brand Description

Nick The Greek has emerged as a rapidly growing fast-casual Mediterranean concept that brings authentic Greek street food to the American market. Founded in 2014, this dynamic franchise has captured the hearts and palates of customers across the nation with its commitment to fresh, high-quality ingredients and traditional Greek recipes.

The menu features a delectable array of classic Greek dishes, with their signature gyros taking center stage. Using a combination of traditional cooking methods and modern efficiency, Nick The Greek offers tender, flavorful meats including beef/lamb combinations, chicken, and authentic pork belly souvlaki. Their menu extends beyond gyros to include fresh Greek salads, customizable bowls, and specialty items like their popular 'Nick's Fries' topped with feta cheese.

What sets Nick The Greek apart is their dedication to authenticity while maintaining a contemporary, fast-casual dining experience. Each location features a clean, welcoming atmosphere with Greek music playing in the background, creating an immersive cultural experience. The franchise has earned a stellar reputation for exceptional customer service, with owners and staff who are passionate about sharing Greek culture and cuisine with their communities.

Their commitment to quality is evident in every aspect of the business, from their freshly grilled pita bread to their house-made sauces and dressings. The dessert menu features traditional Greek favorites like baklava and loukoumades, alongside modern twists such as Greek frozen yogurt. This perfect blend of traditional and contemporary elements has helped Nick The Greek establish itself as a leader in the Mediterranean fast-casual segment, with consistently positive reviews and a rapidly growing loyal customer base.

DID YOU KNOW?

How much does it cost to start a franchise with Nick The Greek?

$414,750
$597,000
Did you know that bringing authentic Greek street food to your community through a Nick The Greek franchise requires a total investment between $414,750 and $597,000, which covers everything from the $35,000 franchise fee to kitchen equipment, build-out costs, and working capital needed to serve up their famous gyros, souvlaki, and Mediterranean favorites?
Financial Summary
Franchise Fee
$35,000
Investment Range
$414,750 - $597,000
Investment Midpoint
$505,875
Minimum Cash Required
$414,750
Royalty Fees
6%
Brand Fund
2%
Brand Bragging Rights
Authentic Greek street food specialization
Daily fresh ingredient preparation standards
Comprehensive catering revenue opportunities
Established decade-long operational history
Vegan-friendly menu diversification options
Strong unit performance metrics
Financial Analysis
Nick The Greek requires an investment of $414,750 - $597,000, positioning it as a mid-tier opportunity within the Mediterranean franchise sector. This investment level sits comfortably within the sub-sector range of $315,386 - $684,620, offering competitive entry costs for established Greek cuisine positioning.

The Mediterranean food segment benefits from growing consumer demand for healthier, authentic dining options. Greek cuisine's emphasis on fresh ingredients and Mediterranean diet principles aligns with current wellness trends, supporting sustained market interest.

With 68 units established since 2014, Nick The Greek demonstrates solid system maturity and measured expansion. This decade-long operational history provides franchisees with proven business systems while maintaining growth potential in an undersaturated market.

The reported gross revenue of $1,573,992 substantially exceeds the sub-sector average of $678,785, indicating strong unit-level performance potential. However, prospective investors should thoroughly analyze territory demographics and local competition density.

Ideal candidates should possess $150,000-$200,000 in liquid capital and restaurant industry experience, given operational complexity of fresh food preparation and Mediterranean authenticity requirements. The brand's catering capabilities and diverse menu offerings provide multiple revenue streams.

Key considerations include labor-intensive food preparation, ingredient sourcing requirements, and market education needs for authentic Greek offerings. Multi-unit development opportunities exist in markets with appropriate demographics and limited Mediterranean competition. Prospective franchisees must review the complete FDD and conduct thorough market analysis before investment decisions.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Nick The Greek. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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First Bank of the Lake

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Golden Capital Solutions

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Location Analysis
Nick The Greek, established in 2014, has built a strong West Coast presence with a significant concentration in California, maintaining widespread coverage across multiple states. The franchise's California-centric strategy has proven successful, with strategic expansion into Texas, Nevada, and an initial Midwest presence in Kansas and Missouri. Their impressive customer review ratings demonstrate consistent service quality, exemplified by their Novato, California location's outstanding performance.

The franchise shows effective market penetration in high-traffic, urban areas with strong Mediterranean food demand and health-conscious demographics. Successful locations typically feature proximity to business districts, universities, and affluent residential areas with higher disposable income. The concentrated California presence suggests strong brand recognition and operational efficiency in the state, while newer markets indicate calculated expansion efforts.

Prime expansion opportunities exist in untapped Western markets like Arizona and Oregon, which share similar demographics with existing successful locations. For new franchisees, ideal locations should target areas with median household incomes above $75,000, strong daytime population, and demonstrated demand for fast-casual Mediterranean cuisine. Strip malls and lifestyle centers in suburban areas with high foot traffic have proven particularly successful for the brand.
Total US Locations68
Open Franchises59
Corporate Locations9
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind Nick The Greek. Learn about the experience and expertise of the executive team guiding Nick The Greek's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving Nick The Greek. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review Nick The Greek's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about Nick The Greek's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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