Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
What you'd pay the franchisor
Drag to your projected annual sales. Royalty 6% + ad fund 1% on gross sales.
PROJECTED ANNUAL SALES$1,450,000
$100k$2.7M
Royalty (6%)
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Ad fund (1%)
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Total / year
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▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
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Franchise Overview
Costs & Fees Breakdown
Your Obligations
Franchisor Obligations
Financial Statements
Contracts Summary
Unit Economics
Network Health
Litigation Risk
Earnings Analysis
Financial Fit Analysis
Buyer Verdict
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Research, not legal advice. Use this report alongside professional legal and financial review before signing any franchise agreement.
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Nick the Greek requires a $35,000 initial franchise fee and a total initial investment range of $417,750–$875,500, per the most recent FDD on file.
Who owns Nick the Greek?
Nick the Greek is franchised by NTG Franchising, LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
Does Nick the Greek disclose financial performance (Item 19)?
No. Nick the Greek does not include a financial performance representation in its FDD. Prospective buyers should rely on validation calls with existing franchisees and benchmark against industry medians.
What ongoing fees does Nick the Greek charge?
Franchisees pay a royalty of 6% and an advertising fund contribution of 1% on gross sales as defined in Item 6 of the FDD.
How many Nick the Greek locations are there?
As of their 2026 FDD, Nick the Greek has 81 total locations, with 13 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Does Nick the Greek grant exclusive territory?
No. Nick the Greek does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.
What are the renewal and exit terms?
Per the FDD, Nick the Greek discloses an initial agreement term of 10 years, a renewal fee of $14,000. Review Items 10 and 17 for the full renewal and termination provisions.