Type of Business
The franchise offered is for Lukumades, a restaurant that provides Greek doughnuts, pastries, gelato, beverages, and other menu items. The franchisor offers individual unit restaurant franchises and area development franchises for the development of multiple restaurants within a designated territory.
Corporate Information
Lukumades Franchise LLC a Delaware limited liability company established on March 9, 2022. Their principal place of business is Meydan Grandstand, 6th Floor, Meydan Road, Nad Al Sheba, Dubai, UAE. They began offering franchises as of October 31, 2022.
Investment
The total initial investment necessary to begin operation of a Lukumades Restaurant under a franchise agreement is $197,795 to $321,530. This includes $49,270 to $63,510 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of a Lukumades Restaurant under a multi-unit development agreement is $267,795 to $636,530. This includes $49,270 to $63,510 that must be paid to the franchisor or its affiliates, along with a $35,000 development fee for each additional Restaurant established under the multi-unit development agreement.
