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Rates
The Great Greek

The Great Greek

The total investment to open a The Great Greek franchise ranges from $500,000 to $600,000. The initial franchise fee is $39,500. Ongoing royalties are 10% plus a 2% advertising fee.

What is the The Great Greek franchise?

The Great Greek is a limited service restaurant brand serving Greek and Mediterranean food to diners looking for a casual meal. The 2025 Franchise Disclosure Document estimates total initial investment at $500,000 to $600,000 and lists an initial franchise fee of $39,500.

The required net worth is $250,000. Its headquarters are in West Palm Beach, Florida. The brand was founded in 2011.

Loan Activity Score

70/100

SBA Default Rate

2.3%

Active Lenders

14

According to its Franchise Disclosure Document or public business records, The Great Greek has 42 locations, all owned by franchisees. Public SBA loan records show 14 lenders made 44 loans to franchisees of The Great Greek. PeerSense calculates The Great Greek's score as 70 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2025 Franchise Disclosure Document.

Franchising since 2011 · 42 locations

Investment

$500,000 to $600,000

Franchise Fee

$39,500

Total Units

42

42 franchised

Loan Activity Score
High
70
SBA Lending
25
Lender Quality
9
Transparency
8
Reach
7
Momentum
21

Proprietary PeerSense metric

Strong
Capital Sources
14SBA lenders

Distinct lenders in public SBA records for The Great Greek

44

Total SBA loans

$678K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for The Great Greek

Loan Activity Score Breakdown

Established (25 to 99 loans)

High Confidence
70out of 100
Strong
Market Momentum21/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence9/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency8/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint7/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

2.3%

vs 10.3% peer avg

SBA Loans

44

Total Volume

$29.8M

Active Lenders

14

2 selective

States

14

vs. SBA Sector Average

+8%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (2.3%)
Item 19 financial data disclosed

Data Insights

Key performance metrics for The Great Greek based on SBA lending data

SBA Default Rate

2.3%

8.0% below peer avg

SBA Loan Volume

44 loans

Across 14 lenders

Lender Diversity

14 lenders

Avg 3.1 loans per lender

Investment Tier

Significant investment

$500,000 to $600,000 total

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

The Great Greek, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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5 FDDs Available for The Great Greek

Review franchise fees, investment ranges, royalties, Item 19 financial data, and year over year trends. Request complimentary access through your PeerSense funding advisor.

The Great Greek

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman