Gyroville
Mediterranean food- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$272K - $347K
- Units as of 2018
-
9 0.0% over 3 years
Company Overview
About Gyroville
- Industry
- Food
- Related Categories
- Miscellaneous Quick-Service Restaurants,Miscellaneous Sandwiches
- Founded
- 2010
- Parent Company
- Gyroville Franchising Co.
- Leadership
- Lambros Kokkinelis, CEO
- Corporate Address
-
10392 W. State Rd. 84, #111
Davie, FL 33324
Business Overview
- Franchising Since
- 2014(9 years)
- # of employees at HQ
- 3
- Where seeking
-
This company is offering new franchisees in the following US states:
This company is offering new franchisees in the following international regions:
- # of Units
- 9(as of 2018)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Gyroville 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
- $9,995
- Initial Investment
- $271,845 - $346,995
- Veteran Incentives
- 50% off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 15 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Gyroville has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory
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
- 40 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty 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
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Gyroville? Request a free consultation with a Franchise Advisor now.
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