Franchise Facts Report → brands → Nick the Greek
Nick the Greek franchise — is it worth it?
Low risk Growing network Item 19 disclosed
Nick the Greek is a quick-service restaurant franchise with a strong growth trajectory and transparent financial disclosures.
Everything below is free, read straight off Nick the Greek's registered filing, with where the numbers land against quick-service restaurant peers. Weighing Nick the Greek against other options? Get a free shortlist of franchises that fit your budget.
Figures above are as disclosed in Nick the Greek's most recent FDD (registered 2026). Source: Wisconsin Dept. of Financial Institutions — Franchise Registration · filing 641599 — check it yourself. See every other Wisconsin-registered franchise.
Considering Nick the Greek? See what else fits your budget
Tell us your budget and the industries you're open to. We'll match you with 5–10 franchises whose own FDDs fit — ranked by earnings disclosure, growth and closure rate — and email you the list. Nick the Greek will be on it if it fits.
How much does a Nick the Greek franchise make?
Nick the Greek is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The headline figure is $1,578,875 in average unit revenue — read it alongside what Item 19 says about which units it covers (often only mature or top-performing locations). See every quick-service restaurant brand that discloses earnings in the Fast food & quick-service restaurant franchises with disclosed Item 19 earnings ranking.
Nick the Greek franchise profit vs. revenue
Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come Nick the Greek's 6% royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a Nick the Greek franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "Nick the Greek franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure. On $1,578,875 of revenue, a 6% royalty alone is about $94,733 a year before any other cost.
Nick the Greek lawsuits & legal history (FDD Item 3)
Nick the Greek's most recently filed Franchise Disclosure Document (2026) discloses no litigation in Item 3. That is a real signal rather than a gap: the FTC Franchise Rule requires a franchisor to disclose material litigation involving itself, its predecessors, parents, affiliates and management, so an empty Item 3 in a current filing means there was nothing it was required to report. It is worth reading alongside the churn numbers — a system can have a clean Item 3 and still be losing franchisees, which is what Item 20 shows.
Nick the Greek closures & failure rate
Before you sign, Nick the Greek will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what Nick the Greek's most recent filing shows, and whether it's normal for a quick-service restaurant of this kind.
The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. Nick the Greek's latest tables show a growing franchised network. Net franchised outlets moved +12 to 81 in the latest reported year.
Who owns Nick the Greek?
Nick the Greek's franchise is offered by NTG Franchising, LLC — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2026), and the entity a franchisee actually signs with. That name comes straight off the filing at WI DFI; it identifies the franchisor, not necessarily the ultimate parent company behind it.
Quick-service restaurant franchises at a similar investment level
Anyone weighing Nick the Greek is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.
Nick the Greek franchise — frequently asked
Who owns Nick the Greek — who is the franchisor?
Nick the Greek's most recently filed FDD (2026) names NTG Franchising, LLC as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. A registry filing names the franchisor, not necessarily its ultimate parent company.
How much does a Nick the Greek franchise cost?
Nick the Greek's most recently filed FDD (Item 7) puts the total estimated initial investment at $417,750 – $875,500, with an initial franchise fee of $28,000 and a 6% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote. Against quick-service restaurant peers it sits in the lower quartile (median $604,609).
How much profit does a Nick the Greek franchise make?
Nick the Greek discloses unit earnings in Item 19, but that figure is revenue — sales — not profit. Royalties (6% of gross for Nick the Greek), the ad fund, rent, payroll and supplies all come out of it, and no FDD discloses what an owner nets. Any Nick the Greek franchise profit number quoted elsewhere is an estimate. The headline figure Nick the Greek discloses is $1,578,875 in average unit revenue.
Does Nick the Greek disclose financial performance (Item 19)?
Yes — Nick the Greek reports unit-level earnings in Item 19. The headline figure is $1,578,875 in average unit revenue, as the franchisor states it.
Are there lawsuits against Nick the Greek?
No — Nick the Greek's most recently filed FDD (2026) discloses no litigation in Item 3. Franchisors must disclose material litigation involving themselves, their predecessors, parents, affiliates and management, so an empty Item 3 is a genuine signal rather than an omission.
Is Nick the Greek a good franchise to buy?
Nobody can answer that from Nick the Greek's numbers alone — it comes down to how its investment, earnings, litigation and franchisee churn stack up against quick-service restaurant peers and against your own budget. Our read on this filing is low risk. Every figure behind that read is on this page for free. If you're comparing options, the free shortlist on this page matches you with 5–10 franchises that fit your budget and industry.
Get a free email when something changes on Nick the Greek or quick-service restaurant: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same state registries this page is built on.