The Gyro Shack Franchise Analysis
The Gyro Shack is analyzed based on our most recent FDD research!
Franchise Opportunity Details
The Gyro Shack serves traditional greek gyros for dine-in and take-out.
What are the requirements to buy an The Gyro Shack franchise?
The Gyro Shack has an initial franchise fee of up to $34,900, with a overall upfront investment range of $172,400 to $518,900.
- Initial Franchise Fee: $34,900
- Total Investment: $172,400 to $518,900
- Working Capital: $20,000 to $20,000
- Royalty Fee: 6.0%
The initial investment of any franchise includes several fees. Check out this investment opportunity to better understand the specific costs required to buy an The Gyro Shack, such as franchise fees, leasehold improvement costs, grand opening marketing, and equipment purchases. It should be noted that, franchisors are required to disclose all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.
Can you Afford a The Gyro Shack Franchise. Complete our Affordability Calculator to find out!
How much does an The Gyro Shack owner make?
As with any new business, the franchisee's income and the profits from a The Gyro Shack franchise depends on many factors. One way to validate the potential revenues or profits generated from a The Gyro Shack franchise investment is to analzye the franchisor's Item 19 within their FDD. Usually, profits and owner's income are proportionate to the size of the investment and number of locations you buy. Demand for your products, the labor costs, commercial lease rates and several other variables also play a huge role in your bottom line and your personal income
For additional information and system-specific data on the profits of an The Gyro Shack franchise, unlock this franchise
How many franchise locations do they operate?
As of the 2020 Franchise Disclosure Document, there are 4 franchised The Gyro Shack locations throughout the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any The Gyro Shack franchise opportunities in my state?
Based on 2020 FDD analysis, The Gyro Shack has franchise locations in 1 states. There may be zero outlets in several states as each franchise company plans their growth strategy differently. Certain states also require franchisors to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to selling franchise opportunities to people residing in that state. These registration states have examiners review a franchise company's FDD to confirm it complies state regulatory requirements. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that mandate franchisors to provide their franchise within the state. In almost all instances the filing is simply a notice with the state. Unlike franchise registration states, the franchise filing states do not examine a franchisor's FDD.
Based on the data collected The Gyro Shack is expanding into new markets and could be available near you.
One of our consultants will have detailed knowledge about this franchised business. Unlock to learn more and talk with our researchers.
Last Reviewed: 2020
Sector: Quick Service Restaurants
Category: Ethnic
The Gyro Shack Franchise DATA
10 Years
10 Years
0
4
6.0%
1.5%
FAQS
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 120 hours. This includes 35 hours of classroom training, 85 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | 0 |
|---|---|
| On-the-Job | 85 |
| Classroom | 35 |
| Total | 120 |
Do they provide Territory Rights?
The Gyro Shack does NOT offer territory protections. For an explanation of territory rights, unlock this franchise for more details.
Do they have marketing and technology support in place?
No, The Gyro Shack does NOT offer comprehensive support for franchisees.
How long ago did The Gyro Shack begin franchising?
They began franchising in 2016. The average Ethnic franchise began franchising in 2013.
Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Unlock this opportunity for instant access to our research reports, including:
- Growth analysis
- Turnover analysis
- Financial transparency
- Initial and renewal terms
- Royalties and advertising fees
- Important Franchise FAQs
- Our grade and free access to consult with a franchising expert
- What are the historical franchisee profits?
- Does this brand provide Veteran or First Responder discounts?
- Does this brand use public figures to promote their franchise?
- Does this brand disclose any bankruptcies?
- Is this brand related with any other franchise opportunities or private equity investment groups?
- How many new outlets have they opened in the last 5 years?
- How many franchised outlets have closed in the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have terminated in the last 5 years?
- Does this brand operate any company or affiliate owned outlets?
- How many years is their initial and renewal term lengths?
- Does this brand have any lawsuits?
- How long has the franchisor been in business?
- Are they expanding internationally?
- How often are royalties and advertising fees paid to the franchisor?
- Is your desired franchise territory available?
- What support can you expect to receive from the franchisor?
- Why has new franchise outlet growth been so low?
- What are the critical requirements for operating a successful franchised location in this system?
- Are you required to work in the outlet or is this a passive franchise opportunity?
- Will the franchisor refund the franchise fee under certain circumstances?