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Renzios
4690 S. Yosemite St.
Greenwood Village, CO 80111-1227
800#:
Tel: (303) 267-0300
Fax: (303) 267-0088
E-Mail:
Web Site: www.renzios.com
Contact: Mr. Thomas D. Rentzios, President
You don't have to be Greek to own this unique, fast-service Greek restaurant franchise, operating in a variety of locations such as regional mall food courts, strip centers and gas stations, with future plans in airports and free-standing. RENZIOS fills the gap between fast-food and full-service restaurants. Designed to be easily operated with minimum staff and minimum restaurant experience. Featuring the best all beef or chicken gyros pitas.
Franchisor Background
Established: 1986
First Franchise: 1993
Franchise Units: 9
Company-Owned Units: 9
Total Units: 18
Distribution:
U.S. -- 18;
Canada -- 0;
International -- 0
-North America -- Operations in 8 States
-States/Provinces with Greatest Density: 10 in CO, 2 in NV, 4 in TX
Projected New Units Over Next 12 months: 30
Franchisee Qualifications: 5, 5, 1, 3, 5, 5
(Click here for an explanation)
Registered in Following Registration States: None (Click here for an explanation)
Average Number of Employees: 3 FT, 5 PT (FT = Full Time, PT = Part Time)
Space Needs: 500-800 SF; SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $60K
Total Investment: $130-199K
Average Total Investment: $164.5K
Minimum Net Worth: $100K
Fees:
-Franchise: $15K
-Average Franchise Fee: $15.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 8
On-Going Support: B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 21 Days Corporate Training Center; 5 Days On-Location.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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