NTG Franchising
Key figures
| Initial franchise fee | $14,000 |
| Total investment (Item 7) | $414,750 – $597,000 |
| Royalty (Item 6) | 6% of gross sales |
| Headquarters state | TX |
| Legal name (Item 1) | NTG Franchising, LLC |
| FDD issuance date | 2025-09-08 |
| Franchised units (Item 20) | 69 (Item 20, p.54) |
| Brand website | https://www.nickthegreek.com |
About NTG Franchising
We will charge you the initial franchise fee described in Item 5 of this 1 NTG 2025 FDD 83054753;1 Disclosure Document for each Nick the Greek restaurant location even if we change the initial franchise fee for other franchisees. (“TCF”), a Texas corporation, offers franchises for the “Taco Cabana”… TERRITORY (Item 12): territory is NOT exclusive - the FDD states you will not receive an exclusive territory.
Due diligence dossier
Every figure below is as disclosed in this brand's own FDD, with its FDD citation. FranchiseKI adds no analysis and estimates nothing.
Unit history (Item 20)
| Year | Franchised | Company-owned | Total |
|---|---|---|---|
| 2022 | 39 | 9 | 48 |
| 2023 | 59 | 9 | 68 |
| 2024 | 69 | 11 | 80 |
Source: Item 20, p.54 of the brand's FDD.
Risk & history facts
| Closures in the last 3 years | 1 (Item 20, p.55 of the FDD) |
| Transfers in the last 3 years | 17 (Item 20, p.54 of the FDD) |
| Litigation matters disclosed (Item 3) | 0 (Item 3, p.9 of the FDD) |
| Bankruptcy (Item 4) | No bankruptcy disclosed (Item 4) (Item 4, p.9 of the FDD) |
Litigation summary (Item 3): No litigation is disclosed; the franchisor states that neither it nor any person in Item 2 is subject to any currently effective order suspending or expelling them from membership in a national securities association or exchange. (Item 3, p.194 of the FDD)
Ownership & operations
| Owner-operator required | Yes (Item 15, p.38 of the FDD) |
| Absentee ownership allowed | No (Item 15, p.38 of the FDD) |
| Typical time to open | 9 months (Item 11, p.27 of the FDD) |
Territory description (Item 12): Franchisees receive a protected area defined by a one-mile radius in suburban areas or a population of at least 30,000 in urban areas. The territory is not exclusive, and the franchisor reserves rights to operate in non-traditional locations and other distribution channels. (Item 12, p.34-36 of the FDD)
Training: (12) Will provide you with the initial training program described below (See Franchise Agreement, Section 2A). (Item 11, p.27 of the FDD)
Ongoing support:
- Advice and guidance on operation
- Yearly refresher training
- Franchisee meetings
- Additional training upon request
- Promotional and advertising materials
- Gift card or customer loyalty program administration
- Mystery shop program
- Quality assurance audits
Source: Item 11, p.27 of the brand's FDD.
Company facts
| Headquarters | San Jose, TX (Item 1, p.6 of the FDD) |
| Years in business | 11 (Item 1, p.6 of the FDD) |
| Years franchising | 6 (Item 1, p.6 of the FDD) |
| Parent company | NTG Intermediate Holdings, LLC (Item 1, p.6 of the FDD) |
| Initial term | 10 years (Item 17, p.39 of the FDD) |
| Renewal term | 5 years (Item 17, p.39 of the FDD) |
| Company-owned units | 11 (Item 20, p.54 of the FDD) |
| Projected new units | 22 (Item 20, p.56 of the FDD) |
Questions to ask the franchisor
Generated from what this brand's FDD data does not disclose — ask NTG Franchising directly:
- What liquid capital does the franchisor require of a new franchisee? It is not disclosed in the FDD data we hold for this brand.
- What minimum net worth does the franchisor require? It is not disclosed in the FDD data we hold for this brand.
Territory — what the FDD says (Item 12)
Under this brand's Item 12 rule, the territory carries some protection but not full exclusivity — for example, the franchisor may reserve certain channels or accounts. Future concepts may also be reserved. Areas inside an existing franchisee's protected territory are generally not available to a new buyer for a directly competing unit; the exact limits are in the FDD text quoted above.
The FDD's own words (Item 12): “territory is NOT exclusive - the FDD states you will not receive an exclusive territory.”
Where NTG Franchising operates today
Per the brand's FDD outlet table (Item 20, Table 3 — franchised outlets by state, latest fiscal year): 69 franchised units across 7 states.
Projected openings (Item 20, Table 5)
Franchise agreements the FDD projects for the next fiscal year:
Source: nasaa-tc-1PaCyrPmaaQ4SrxbVmsGz5gSx8lekynQe.pdf, Item 20. Counts are the franchisor's own disclosures.
What is NOT available
Not available: any area inside an existing franchisee's protected territory while that agreement runs. Existing units sit in: AZ, CA, KS, MO, NV, TX, UT — a specific address near an existing unit is governed by that territory's boundaries.
Only the franchisor can confirm availability.
Next steps with NTG Franchising
Put NTG Franchising on a shortlist. Compare it side by side with two other brands. Check it against your budget in the PerfectFit Quiz. Or talk it through with a vetted consultant. That conversation is free to buyers; call (385) 475-5319. Only the franchisor can confirm current terms. Only the franchisor can confirm territory availability.