Would you like more information on Franchise Opportunities?
Would you like more information on Franchise Opportunities?
FAQs for Franchisees
What are the territories available?
New York, New Jersey, Pennsylvania, Connecticut.
Where can I receive the following information?
The above information is available in our Franchise Disclosure Document (FDD). After you submit your application, a company representative will contact you.
Where will training be held? Who should attend the training?
Before opening your first store, you and a designated store manager must attend the training program in Brooklyn, New York which will take about 10 days.
What does it cost to buy an existing Gyro King Store from a franchisee?
The agreement to buy an existing store is made between buyer and seller. Costs vary on a caseby-case basis.
What is the profitability of the business?
It is impossible to predict future results about the profitability of the business. There are many factors that can influence the result including: sales, location, financing terms, and ability to manage the business. For these reasons, we do not predict profitability for any store.
May I qualify financially with other partners?
A single applicant must personally meet the financial qualifications. However, if a partnership or corporation is formed, we will consider the overall financial strength of the business partnership or corporation.
What happens after I submit my online application?
Our representative will contact you via email or phone for further discussion.
What is the start-up cost for a new Gyro King Store?
The estimated initial investment for a new store can range from $250,000 – $350,000 per unit.
How long is the entire process of becoming a Gyro King franchisee?
The process includes applicants’ pre-approval (credit check), business plan review, location review, fully executed franchise agreement, training, construction and grand opening. On average, it takes approximately 30 days to approve an applicant. The length of time between signing the Franchise Agreement and opening a store is about 4 to 6 months.
Is it still possible to be approved as a new franchisee if I do not have direct experience before?
Experience of food/beverage is preferred, but not necessary.
Can I develop a Combination Store with Gyro King and another brand?
No.
Can I buy Gyro King ingredients and provide Gyro King Products in my existing Restaurant?
No, our ingredients can only be used in Gyro King Stores.
What separates Gyro King between its competitors?
Gyro King is proud to be New York’s first registered Zabiha Halal food establishment, committed to serving healthy, fresh, and high-quality meals. Our focus on maintaining strict standards ensures a consistently excellent experience for our customers. We also support our franchise partners with the resources and guidance needed to establish and run successful businesses, ensuring every location reflects the values and quality Gyro King is known for.
Is financing available?
We do not provide financing but franchisees can use their own resources. We are approved by the SBA and on the SBA Franchise Directory.
Disclaimer: Information made available through this web site regarding the Gyro King franchise opportunity is for general information only and is not intended to be a franchise offer. Offers are made only after delivery of an effective Franchise Disclosure Document in compliance with applicable federal and state laws. None of the communications made through this web site should be construed as an offer to sell any Gyro King franchises in, nor is any such communication directed to the residents of, any jurisdiction requiring registration of the franchise before it is offered and sold in that jurisdiction. No Gyro King franchises will be sold to any resident of such jurisdiction until the offering has been exempted from the requirements of, or duly registered in and declared effective by, such jurisdiction and the required Franchise Disclosure Document has been delivered to the prospective franchisee before the sale in compliance with applicable law.
Pre-Disclosure: Assuming you qualify as a Gyro King prospective franchisee, we may provide you with a Franchise Disclosure Document in electronic format. The Franchise Disclosure Document will be provided in a Portable Document Format (PDF) file. You must use the Adobe Acrobat program in order to open and view this type of electronic file.
Gyro King Franchise Condition (USD)
| Availability of Territory | New York, New Jersey, Pennsylvania, Connecticut, M |
|---|---|
| Initial Franchise Fee | Single Franchise Fee: $40,000/ per unit |
| Estimated Initial Investment | Min. $250,000 – Max. $350,000/ per unit |
| Agreement Duration | 10 years |
| Monthly Royalty | 5% of Sales |
| Brand Marketing | 2% of Sales |
- Initial Franchise Fee will be collected when you sign the franchise agreement.