MR. GREEK first opened its doors to the public in February of 1988. The Danforth location, in the heart of Greek Town in Toronto quickly became known as the busiest Greek restaurant in the city. In the first year of business, MR. GREEK's sales surpassed the expectations of everyone, and it soon became the number one force in Greek cuisine in Toronto. Business continued to boom and four years later, a need for a location was identified in the city's east end. Enter franchising. In 1993, a second location was opened in Scarborough. From there, the word spread, MR. GREEK became popular with the entire community, and now, MR. GREEK has grown to 29 locations in North America.

Contact Information for Mr. Greek Restaurants

Company Website: http://www.mrgreek.com

49 The Donway W., #402 NA
Toronto
ON M3C 3M9 Canada Work: (416) 444-3266
Fax: (416) 444-3484

Entrepreneur.com Company Profile

Email: feedback@mrgreek.com

Opportunity Type:

Training Available:
  • At headquarters
  • At local location
Support Available:
  • Newsletter
  • Internet
  • Meetings
  • Purchasing cooperatives
  • Phone Support

Business Start Date: 1

Description: MR. GREEK first opened its doors to the public in February of 1988. The Danforth location, in the heart of Greek Town in Toronto quickly became known as the busiest Greek restaurant in the city. In the first year of business, MR. GREEK's sales surpassed the expectations of everyone, and it soon became the number one force in Greek cuisine in Toronto. Business continued to boom and four years later, a need for a location was identified in the city's east end. Enter franchising. In 1993, a second location was opened in Scarborough. From there, the word spread, MR. GREEK became popular with the entire community, and now, MR. GREEK has grown to 29 locations in North America.

Required net worth: $500,000

Total investment: $260,400 – $974,500

Cash liquidity: $250,000

Franchise fee: $35,000 – $50,000

Franchise Start Date: 1

Number of Employees: 10

Number of Franchises: 19

Company Owned Units: 3

Ongoing Royalty: 5%

Financing Available: No


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