How soon can I open? How long does the process take?
The franchisee approval process may take up to 90 days. We feel it is imperative to find the right franchisees and will take the necessary time to do so.
The Gyro Shack requires a proposed site be submitted within 180 days of signing the Franchise Agreement. This may be a shorter period of time depending on real estate availability.
What are the royalty and advertising fees?
To invest in The Gyro Shack the royalty fees are 6 percent of the store’s gross sales. Additionally, the marketing and technology fund fees are 1.5 percent of gross sales.
Can I own just one unit?
While it is possible to own just one location, at this time The Gyro Shack is only Franchising to multi-unit groups.
How many employees does it take to operate a unit?
The average unit takes approximately 4-6 people per shift with a crew size of 12-15. Sales higher than the current corporate location average will require more staff to operate.
What support will I receive going forward?
Right from the get-go, we’ll provide you with comprehensive training, grand opening assistance, ongoing support and more!
Our Franchise Fee is directly tied to the amount of opening support you receive. Our objective is to build a Brand with experienced operators that need less support, but we will strive to keep visitation by our staff on a regular basis, several times per year.
What are the requirements for an operating partner?
An operating partner must have restaurant experience on 5+ years as well as be vetted as being a good fit with The Gyro Shack brand.