The Yiros Shop has grown into a well-known fast-casual dining brand in Australia, recognised for its modern take on traditional Greek street food. With a strong focus on quality ingredients, efficient service, and a contemporary store design, the brand has attracted significant attention from customers and potential business owners alike. For entrepreneurs considering this opportunity, understanding how much it costs to start The Yiros Shop franchise in Australia is an important first step.
Overview of The Yiros Shop Franchise
The Yiros Shop operates as a fast-casual restaurant concept specialising in Greek-style yiros, wraps, and plates. The brand combines quick service with a fresh, modern dining experience, making it appealing to both dine-in and takeaway customers. Franchise locations are often found in high-traffic retail areas, food precincts, and busy suburban centres.
Minimum Investment Requirement
The Yiros Shop generally has a minimum investment requirement of $450,000 AUD. This figure represents the estimated capital needed to open and launch a new franchise location. In some cases, the total investment can be higher depending on several factors related to the specific site and build requirements.
What the Initial Investment Includes
The initial investment typically covers the major costs associated with setting up the business. These costs usually include the franchise fee, store fit-out, commercial kitchen equipment, signage, furniture, and technology systems. It also accounts for pre-opening expenses such as initial stock, staff training, and marketing activities leading up to the store opening.
Factors That Can Increase the Investment
While $450,000 AUD is the general minimum, the final cost may increase based on location, store size, and condition of the premises. Sites that require extensive construction, custom fit-outs, or upgrades to meet brand standards can push the investment higher. Rent levels and landlord requirements can also influence the total startup cost.
Training and Support Provided
The Yiros Shop provides franchisees with comprehensive training and ongoing support. Training typically includes operational procedures, food preparation, customer service standards, and business management systems. This support helps franchise owners maintain brand consistency and operate their stores efficiently from day one.
Ongoing Business Costs
In addition to the initial investment, franchisees should plan for ongoing operating expenses. These may include rent, wages, utilities, inventory costs, and ongoing marketing contributions. Managing these costs effectively plays a major role in long-term business sustainability and profitability.
Ideal Franchisee Profile
The Yiros Shop franchise is well suited to individuals with a strong work ethic and an interest in food service operations. While previous hospitality experience can be helpful, it is not always essential due to the structured training and support provided. The brand often seeks franchisees who are hands-on and committed to maintaining high quality and service standards.
Summary
Starting a The Yiros Shop franchise in Australia generally requires a minimum investment of $450,000 AUD, with the possibility of higher costs depending on location and build requirements. This investment offers access to a growing fast-casual brand, a proven business model, and ongoing franchise support. For those looking to enter the food franchise market, The Yiros Shop represents a strong and established opportunity.
