Hellas Restaurant & Bakery

Name

Hellas Restaurant & Bakery

Legal name

Hellas Restaurant & Bakery

Website

https://hellasbakery.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Greek Restaurant and Bakery

NAICS

Baked Goods Retailers (445291), Bread and Bakery Product Manufacturing (31181), Restaurants and Other Eating Places (72251)

SIC

Bakery Products (2050), Retail-Eating Places (5812)

akta.pro primary industry

Bread & Pastry Specialty Stores (CRAHAGAC)

akta.pro secondary industries

Wholesale / Commercial Bakeries (B2B Supply) (THAFAFAF), Pastry, Cakes & Tortes Manufacturing (AFAKAAAB)

Keywords

• Greek restaurant dining
• Greek pastries bakery
• Mediterranean cuisine
• Event catering services
• Wholesale bakery products

Headquarters

HQ city

Tarpon Springs, Florida

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Restaurant Dining: Full-service restaurant offering traditional Greek cuisine including gyros, Greek salads, lamb chops, and local seafood. Revenue generated from table service with dine-in customers.
2. Retail Bakery: On-site retail bakery selling Greek pastries including baklava, spanakopita, galaktoboureko, kourabiedes, cakes, and other Greek desserts. Customers can dine in or take home treats.
3. Catering Services: Catering orders available for pickup, offering Greek cuisine for events and gatherings.
4. Wholesale Bakery: Separate wholesale bakery operation selling to businesses and organizations. Contact via hellaswholesale.com or (727) 943-8400.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Hellas Restaurant & Bakery operates a full-service authentic Greek restaurant and adjacent Greek pastry bakery in Tarpon Springs, Florida, serving traditional dishes such as gyros, lamb chops, Greek salads, fresh seafood, and signature pastries including baklava, spanakopita, and galaktoboureko. The business also operates a separate wholesale bakery division (Hellas Wholesale Bakery) supplying Greek baked goods to businesses and organizations, and offers pickup-only catering for events.

Product overview

Hellas Restaurant & Bakery operates a multi-component Greek dining and bakery business under the Karterouliotis family brand. The core offering consists of two complementary units: Hellas Restaurant (full-service Greek dining with dishes such as Saganaki, gyros, lamb chops, and fresh seafood) and Hellas Bakery (Greek pastry shop offering baklava, spanakopita, galaktoboureko, and specialty desserts alongside coffee). These are supported by a wholesale bakery division (Hellas Wholesale Bakery), a catering service for events, an online to-go ordering system via Aloha Online Ordering, and gift card sales. All divisions are family-owned and operated, with a combined operating history dating to 1970.

Differentiator

Problem solved

Functional benefit

Brands

• Hellas Wholesale: Wholesale bakery division providing products to businesses and churches. Contact: (727) 943-8400.

Products and services

• Hellas Restaurant Full-service authentic Greek restaurant operated by the Karterouliotis family, serving traditional Greek cuisine including Saganaki, gyros, lamb chops, fresh seafood, Greek salads, and spanakopita. Located in Tarpon Springs, FL at the historic Sponge Docks.
• Hellas Bakery Greek bakery offering authentic Greek pastries such as baklava, spanakopita, galaktoboureko, kourabiedes, baklava cheesecake, as well as cakes, fruit tarts, cookies, and coffee. Located next door to the restaurant with dine-in seating in a warm European bakery ambience.
• Hellas Wholesale Bakery Wholesale bakery division supplying Greek pastries and baked goods to businesses and organizations at wholesale prices. Operates a separate phone line (727-943-8400) from the restaurant and a dedicated wholesale website.
• Catering Catering service for events, including birthday celebrations, anniversaries, large group dinners, corporate catering, and church or organizational gatherings. All catering orders are pickup only; customers call the restaurant to request a quote.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• CAVA: A large fast-casual Mediterranean chain with a broad menu and digital ordering infrastructure. It is a broad incumbent comparator for Mediterranean dining, convenience, and scalable direct-to-consumer operations, though it is not Greek- or bakery-specific.
• Estiatorio Milos: An established upscale Greek and Mediterranean seafood restaurant group. It is comparable on authentic Greek dining, premium ingredients, and special-occasion traffic, while its scale and portfolio are substantially broader than Hellas's local operation.
• True Food Kitchen: A national full-service restaurant brand with Mediterranean-influenced, ingredient-forward positioning. It overlaps on dine-out occasions, quality-conscious customers, and restaurant operations, but it is a broad incumbent rather than a Greek bakery specialist.
• Porto's Bakery: A bakery and cafe chain selling breads, pastries, cakes, and coffee through retail locations and digital channels. It is a category and business-model comparator for Hellas's bakery counter and on-site production, although its Cuban bakery focus and chain scale differ.

Regional players

• Pita Jungle: A regional Mediterranean fast-casual chain offering gyros, pitas, and related dishes. It shares the same cuisine and dine-out occasions, but its different geography and broader menu make it a regional comparator rather than a direct local competitor.

Direct peers

• Mykonos Restaurant: A Tarpon Springs Greek restaurant in the same destination market as Hellas. It is directly comparable for authentic Greek dining and Sponge Docks visitor traffic, but Hellas differentiates with integrated pastry retail and wholesale distribution.
• Pita's Republic: A Tampa-founded Mediterranean fast-casual brand offering Greek/Mediterranean bowls, pitas, and related food. It is a regional direct peer in Mediterranean cuisine and convenience dining, but has a different service model and broader scaling footprint than the single flagship.
• Greek Village: A Tampa-area Greek restaurant serving traditional dishes to local diners. Its full-service Greek dining model and regional customer base are directly comparable, while Hellas adds a prominent retail bakery and wholesale business.
• Souvlaki Fast: A Tampa-focused Greek and Mediterranean quick-service concept built around convenient handheld food. It overlaps on cuisine, convenience occasions, and target customers, while Hellas is a full-service restaurant and bakery with catering and wholesale channels.
• The Greek Joint: A Tampa Bay fast-casual Greek concept focused on gyros and related Greek dishes. It is a direct peer for Greek-food demand, local diner occasions, and tourist visits, although it lacks Hellas's bakery-led model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/hellasrestaurantandbakery
• Instagraminstagram.com/hellasrestaurantandbakery
• LinkedInlinkedin.com/company/hellas-restaurant

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hellas Restaurant & Bakery