Gyro Shack Claimed
Gyro Shack Franchise For Sale
Gyro Shack is one of the only QSR Greek Brands in the United States. Founded in Boise, ID in drive-thru only locations Gyro Shack has created a strong foundation in the Greek segment contining to strive while other Greek brands come and go to the market.
Gyro Shack is currently expanding their corporate store locations in Arizona and franchise locations in New Mexico in order to prove portability. Early signs in these markets are proving significantly higher AUV’s and we are excited for the future!
The Founder’s Story
Gyro Shack was founded in 2009 in Boise, Idaho, by Gus Zaharloudakis. Gus’s passion for beginning a gyro brand was kindled during a visit to a gyro eatery in Crete, Greece. Gus and his family ate there regularly while on vacation. He loved the concept so much that he decided to open his own similar eatery in Boise with one exception; it would have the addition of a drive-thru. Gus took his experience working with local chefs in the Boise area and used this knowledge to evolve the traditional Greek gyro with new and unique flavor combinations. This evolution came to be the menu for Gyro Shack and has only evolved further since Gus founded the Brand.
If you ask Gus, he will tell you he “built the shacks for the love of food and health – the Greek way.” Although Gus turned over the reins in 2015 to new ownership, Gyro Shack today strives to keep the Brand as Gus envisioned. As with any growth, there have been changes, but all of them are necessary to assist in scaling and growing a business from start-up to emerging Brand. We can’t wait for the day in which someone refers to Gyro Shack as a mature Brand.
Thanks for allowing us to share our founding story with you. We only hope our daily actions live us to the vision Gus had for us! We can’t wait to share the next chapter!
Franchise Background
Franchised Units: 2
Company Owned Units: 7
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, Colorado - CO, Delaware - DE, Georgia - GA, Idaho - ID, Iowa - IA, Kansas - KS, Louisiana - LA, Maine - ME, Massachusetts - MA, Mississippi - MS, Missouri - MO, Montana - MT, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, North Carolina - NC, Ohio - OH, Oklahoma - OK, Oregon - OR, South Carolina - SC, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, West Virginia - WV, Wyoming - WY
Canada Franchises: No
International Franchises: No
Financial Terms
Minimum Net Worth: $300,000
Franchise Fee: $34,900
Royalty: 6%
Ad: 1.50%
Item 19: Yes
Average Number of Employees: 12
Visa Candidates: No
Passive Ownership: Yes
Home-Based: No
B2B: No
Master Franchise Opportunities: Yes
Veteran Discount: Yes
Support & Training
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Cooperative Advertising: Yes
Training:
Franchisee's receive 120 hours of training prior to opening their first Gyro Shack.
Ideal Candidate
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