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Gyro Shack

GYRO SHACK is a quick-service, small footprint, drive-thru style restaurant providing authentic takes on traditional Greek gyro, Mediterranean rice bowls, and gyro salads served using the freshest ingredients made daily such as rotisserie-style beef and lamb, chicken gyros, super gyros, pita sandwiches and salads, as well as fresh feta, Kalamata olives, hummus, and tzatziki sauce with pita bread for dine-in and take-out. We serve delicious Greek-style food to the masses, with unique and interesting flavor profiles not typical of the original Greek gyro. We've added toppings, nontypical flavors, and combinations.

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Gyro Shack

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Gyro Shack Franchise Cost and Requirements for 2022

Background

GYRO SHACK IS:
  • COVID-19 friendly
  • Small footprint
  • Simple and scalable model
  • "Business in a Box" investment
  • Multiple revenue streams
  • Systemized operations for replicable performance
  • Leading QSR for Greek segment
  • Drive- thru model is low entry cost
  • Validated financial performance

Company Details

Established: 2010
First Unit Franchised: 2016
Franchised Units: 0
Company Owned Units: 9
States Registered In: Alabama - AL, Arizona - AZ, Arkansas - AR, Colorado - CO, Delaware - DE, Florida - FL, Georgia - GA, Idaho - ID, Iowa - IA, Kansas - KS, Louisiana - LA, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Mexico - NM, North Carolina - NC, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, South Carolina - SC, Tennessee - TN, Texas - TX, Utah - UT, West Virginia - WV, Wyoming - WY
Canada Franchises: No
International Franchises: No

Support and Training Offered By Gyro Shack

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Cooperative Advertising: Yes

TRAINING/SUPPORT
  1. Training: New franchisees will participate in 120 hours (3 business weeks) of training at the corporate location.
  2. Support: Franchisees will receive ongoing support from the leadership team via email, phone, and onsite as needed. The franchisor will provide all necessary manuals, policies, and procedures references.
  3. Marketing: The Gyro Shack franchise model offers innovative strategies to generate customers and community partnerships. Franchisees will have access to branded materials for marketing, advertising and communication efforts in accordance with the marketing manual. Each franchisee will be responsible market their location locally in collaboration with national brand initiatives.

2022 Franchise Requirements Needed to Own a Gyro Shack Franchise.

What does a Gyro Shack Franchise Cost?

Gyro Shack franchise fees for 2022:

Cash Investment: $100,000 to $500,000
Total Investment: $172,400 to $518,900
Minimum Net Worth: $300,000
Franchise Fee: $34,900
Royalty: 6%
Ad: 1.50%
Item 19: Yes
Average Number of Employees: 15
Visa Candidates: Yes
Passive Ownership: Yes
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes

Is Gyro Shack a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Gyro Shack is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Gyro Shack a Home Based franchise?

No. Gyro Shack is not a home based franchise opportunity.

What Do Gyro Shack Franchise Owners Make?

Click here to find out how much Gyro Shack franchisees make. Gyro Shack offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Gyro Shack a Master Franchise Opportunity?

No. Gyro Shack is not a master franchise opportunity.

Does Gyro Shack Offer a Veteran Discount?

Yes. Gyro Shack franchise does offer a veteran discount.

Does Gyro Shack Work with E2 Visa and EB-5 Visa Candidates?

Yes. Gyro Shack franchise does work with E2 Visa and EB-5 Visa candidates.

Is Gyro Shack Looking for Franchisees in Canada?

No. Gyro Shack franchise is not looking for Canada franchisees.

Is Gyro Shack Looking for International franchisees?

No. Gyro Shack franchise is not looking for International franchisees.

Additional Information

Additional Categories

Food & Restaurants

Number of Units Open

LESS THAN 20 UNITS

Cash Required

More than $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Gyro Shack Franchises for Sale

Click Here to inquire about existing Gyro Shack franchises for sale. We may have Gyro Shack franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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