Steve Josovitz of The Shumacher Group, Inc. has sold the Grecian Gyro Franchise in Johns Creek. Steve Josovits and The Shumacher Group, Inc. represented Seller and guided Buyer during the process.
High traffic middle to very high-income location.
Seating for 35 plus 8-seat counter.
Monthly rent at $2741 all in.
Fully equipped turnkey.
Established June 2012 by Seller.
Absentee Owners pulled out almost $40,000 without running one shift in 2016 on gross sales of $373,229,37 after paying all expenses and staff.
2017 are tracking almost exactly the same as previous year.
Business runs itself with a loyal staff of two C0-Managers that earn $600 each apiece per week and three P/T staff members who are hourly.
The transition will be flawless with full staff in place.
Franchise fees are 4% of sales and 2% for advertising.
Seller has indicated Franchise Transfer Fee will be waived.
Full support and training are available by Franchisor and Seller.
MONDAY-SATURDAY: 11:00 AM to 8:30 PM
Our very first Grecian Gyro Franchising expansion location is operated by Joe and Chris, a husband and wife team that went from happy customers to proud owners. The family-run restaurant continues the tradition of serving Nick’s delicious gyros, addictive sauce, and to-die-for potatoes. Sleek yet comfortable, the dining room is home to both business lunches and family dinners daily. Businesses in the community have come to depend on us to deliver a fresh, high quality experience with our top-notch catering.
Nick Koulouris opened Grecian Gyro in 1982 with $50 in his pocket, a dream in his heart, and his secret sauce recipe locked tightly in his head.
When he founded the first Grecian Gyro, Nick had no idea that someday he’d be creating an entire franchise system. He just wanted to bring fresh, authentic Greek food to his new hometown! But his idea was such a huge success, that the demand for more delicious gyros meant it was time to expand.
Today, Grecian Gyro remains the first and longest-running Greek quick-serve restaurant in Atlanta. For nearly 30 years, diners have traveled from all over for a taste of Nick’s iconic Best of Atlanta gyros — often standing in lines wrapped all the way around the building.
Now you can be a part of our big, fresh Greek family! We are making the innovative Grecian Gyro concept available as a franchise opportunity and are seeking ambitious, motivated individuals to join our enterprise and grow their own Grecian Gyro restaurant right along with us. If you’re ready to start investing in your own future by building the Grecian Gyro brand to a new following of loyal, happy customers, please get in touch. We’d love to meet you!
Nick’s first Grecian Gyro restaurant in Hapeville, Georgia became the city’s home for high-quality, quick-serve, fresh Greek food. Before he knew it, Nick’s restaurant was an Atlanta favorite. For over 30 years, Grecian Gyro has gained the reputation of “Atlanta’s Best Gyro,” winning the coveted honor from Atlanta Magazine and its readers. What keeps customers coming back? Regulars tell us it’s a toss-up between the “delicious food!” the “fun Greek family feel” and the “secret sauce that’s to die for!”
In 2007 and 2008, Nick’s sons, George and Pano, expanded the company and opened locations in Tucker and Forest Park. It was a natural fit; after all, the two young men had been working for Grecian Gyro ever since they were old enough to reach the napkin dispensers. More and more customers throughout the city were enjoying Grecian Gyro’s great dishes, from classic Greek and Mediterranean sides to authentic vegetarian favorites to the ultimate gyro wrap. In 2012, the brothers responded to years of customer requests for more locations and launched the Grecian Gyro Franchise Company with a location in Johns Creek. They quickly followed with a fifth location in 2013 in Dunwoody, Georgia. As they look towards the future, the Koulouris brothers hope to continue expanding their father’s dream while delivering the same delicious gyros Nick made on day one.
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