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Nick the Greek Franchise FDD, Costs & Fees (2026)

Nick the Greek specializes in Greek street food, including gyros, souvlaki, and Greek salads, made with authentic recipes and quality ingredients for a taste of Greece.

KEY FRANCHISE STATS

Franchisees

?

39
+
388%
388%
Franchise fee

?

$35,000
Investment

?

$415,000 - $597,000
Revenue (AUV)

?

Undisclosed

$1,402,000

+
n.a.
n.a.
Upgrade

Nick the Greek is a fast-casual restaurant franchise specializing in authentic Greek cuisine, offering a variety of traditional dishes such as gyros, souvlaki, and other Mediterranean delights. Founded in 2014 by three cousins, each named Nick, the franchise was born from their desire to bring high-quality Greek street food to their community after realizing there were limited options for authentic gyros in their area. 

The first location was established in San Jose, California, where the company is still headquartered today​. Since its inception, Nick the Greek has grown rapidly, expanding into a popular multi-unit chain across various states. 

The franchise began its journey of franchising shortly after its founding, and it has since become a sought-after opportunity in the fast-casual dining sector. The brand is known for its commitment to quality, using only fresh, high-quality ingredients to create flavorful and nutritious dishes that keep customers coming back​.

Nick the Greek differentiates itself from competitors through its blend of traditional Greek flavors with a modern twist, creating a unique dining experience that appeals to a broad customer base. The restaurants feature a contemporary design that combines vibrant, recognizable branding with a warm, welcoming atmosphere. 

Initial investment

The initial investment required for a Nick the Greek franchise is $415,000 - $597,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $35,000
Rent $8,000 - $16,000
Lease, Utility & Security Deposits $8,500 - $16,500
Licenses & Permits $6,000 - $23,000
Design & Architectural Fees $8,700 - $14,500
Leasehold Improvements $193,000 - $222,000
Signage $4,750 - $13,000
Furniture & Fixtures $19,000 - $33,000
POS/Back Office System $8,000 - $20,000
Equipment $60,000 - $88,000
Professional Services $1,500 - $5,000
Initial Inventory $15,500 - $22,000
Insurance $1,800 - $4,000
Travel & Living Expenses While Training $5,000 - $10,000
Grand Opening Advertising $10,000 - $15,000
Additional Funds - 3 Months $30,000 - $60,000
Total $414,750 - $597,000

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Type of Expenditure Amount
Initial Franchise Fee $35,000
Rent $8,000 - $16,000
Lease, Utility & Security Deposits $8,500 - $16,500
Licenses & Permits $6,000 - $23,000
Design & Architectural Fees $8,700 - $14,500
Leasehold Improvements $193,000 - $222,000
Signage $4,750 - $13,000
Furniture & Fixtures $19,000 - $33,000
POS/Back Office System $8,000 - $20,000
Equipment $60,000 - $88,000
Professional Services $1,500 - $5,000
Initial Inventory $15,500 - $22,000
Insurance $1,800 - $4,000
Travel & Living Expenses While Training $5,000 - $10,000
Grand Opening Advertising $10,000 - $15,000
Additional Funds - 3 Months $30,000 - $60,000
Total $414,750 - $597,000

Franchise Disclosure Document

Below is Nick the Greek's 2023 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.

Number of units

Nick the Greek had 48 total units in 2023, of which 39 were franchised-owned and 9 company-owned.

Frequently Asked Questions

Competitors

Below are some of

Nick the Greek

key competitors in the

Other Food

sector.

Franchise
Franchisees
Royalty fee
Total investment
Revenue
Upgrade
EBITDA
Upgrade

39

New
+
388%
388%

6.00%

$415,000

-

$597,000

$1,402,000

n.a.

$xxx,xxx

9.3%

xx%

n.a.

Training 

Nick the Greek Franchise provides comprehensive training to ensure that franchisees are well-prepared to operate their restaurants successfully. 

  1. Extensive Initial Training: This program covers all essential aspects of running a Nick the Greek franchise, including kitchen operations, menu preparation, customer service, and management skills. The goal is to ensure franchisees have the necessary skills to operate efficiently and maintain brand standards.
  2. Ongoing Support and Training: After the initial training, Nick the Greek provides continuous support through regular consultations, performance evaluations, and additional training opportunities. This helps franchisees stay updated on best practices and any new developments within the franchise system.
  3. Operational Guidance: Franchisees receive detailed manuals, best practices, and access to a network of experienced franchisees. This guidance helps them navigate the day-to-day challenges of running a restaurant.
  4. Marketing and Promotional Support: The franchise offers training on strategic marketing and promotional campaigns, including local marketing initiatives and social media strategies, to help attract and retain customers.
  5. Technology Training: Training is provided on using advanced technology and systems for operations, including point-of-sale systems, inventory management, and online ordering platforms, to enhance efficiency and improve the customer experience.

Territory Protection

Nick the Greek franchise offers territory protection to its franchisees, ensuring that each franchisee operates within a designated area without direct competition from other Nick the Greek locations.

This territorial exclusivity helps franchisees maximize their market potential and build a loyal customer base without worrying about market saturation from within the brand. 

The protected territory is typically outlined in the franchise agreement, detailing the geographical boundaries within which the franchisee can operate. This territory protection allows franchisees to focus on growing their business and delivering high-quality service, knowing that their investment is safeguarded.

Competitors

Below are some of Nick the Greek's key competitors in the Other Food sector.

TAHINI'S MEDITERRANEAN CUISINE

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$384,000 - $667,000
Revenue

?

Upgrade

Pastito

Franchisees

?

4
+
n.a.
n.a.
Investment

?

$123,000 - $463,000
Revenue

?

Upgrade

Naz's Halal Food

Franchisees

?

30
+
233%
233%
Investment

?

$269,000 - $501,000
Revenue

?

Upgrade

Del's Popcorn Shop

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$279,000 - $478,000
Revenue

?

Upgrade

Sticks Kebob Shop

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$248,000 - $573,000
Revenue

?

Upgrade

New York Butcher Shoppe

Franchisees

?

25
+
67%
67%
Investment

?

$459,000 - $794,000
Revenue

?

Upgrade

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