The Great Greek Mediterranean Grill — Item 7
The Great Greek Mediterranean Grill estimated initial investment $582,014–$1,088,560, Single in-line or end-cap restaurant, 1,800–2,000 sq ft. Line items from the filing.
Figures from FDD issued 17 August 2023, disclosure year 2023. The labels and amounts below follow the filing rather than a standardized restaurant budget.
Single in-line or end-cap restaurant, 1,800–2,000 sq ft. This format statement belongs with the range: footprint, site type, and development commitment can make a similarly named row cover a different project in another filing.
Line items as filed
| Type of expenditure | Low | High |
|---|---|---|
| Initial franchise fee | $35,550 | $39,500 |
| Travel and Living Expenses (while attending training) | $10,000 | $20,000 |
| Real Estate Lease Deposits | $5,000 | $16,000 |
| Real Estate Service Charge | $0 | $3,500 |
| Design and Project Management Fee | $10,000 | $10,000 |
| Leasehold Improvements | $250,000 | $650,000 |
| Restaurant Package | $225,964 | $248,560 |
| Opening Inventory | $7,000 | $15,000 |
| Insurance | $2,000 | $6,000 |
| Utility Deposits/Licenses | $1,000 | $3,000 |
| Opening Assistance | $500 | $2,000 |
| Additional funds (for 0 - 6 months) | $35,000 | $75,000 |
| Total printed in filing | $582,014 | $1,088,560 |
What this table can and cannot compare
The table answers what this filing put into Item 7. It does not establish a contractor's price, a lender's uses schedule, or the cash needed through break-even. Rows such as a restaurant or fixture package should remain bundled unless the filing itself breaks them apart. A disclosed zero remains zero; a cost the filing does not state remains absent rather than being estimated here.
How a consultant should brief this table
- Name the format and filing year before the total. A 1,200 sq ft counter shop and a full restaurant are different projects even when the ranges overlap.
- Keep the original row labels. Do not split a restaurant package into guessed equipment and construction lines.
- Read every footnote against the low column. A $0 low estimate is usually an assumption about the site, not a free cost.
- Add both columns yourself. If the lines do not equal the printed total, record both numbers and stay with the document.
- Replace the table with a site budget: lease and landlord work, contractor scope, equipment quotes, opening inventory, and cash through the stated additional-funds period.
Carry the same questions to reading Item 7, range interpretation, the printable worksheet, and working capital.
Questions to carry into diligence
- Which low-end assumptions depend on a reusable site, landlord contribution, discount, or smaller format?
- Which freight, tax, installation, design, permit, and pre-opening costs sit inside a package?
- What begins rent, and which occupancy costs continue beyond the initial period?
- How did recent franchisees' actual opening costs and ramp periods differ from this estimate?
What this table is
An 1,800–2,000 square-foot in-line or end-cap from a 2023 filing. The low column uses a discounted franchise fee available to owners of affiliated brands; a first-time buyer pays $39,500, not the figure buried in the $582,014 low. Three years on file lost money, substantially to litigation rather than restaurant operations. Item 19 includes cost lines for a defined subset, not every store.