Next
412/500
Back

The Greene Turtle Sports Bar and Grille

2014 Franchise 500
#412
At a Glance

Products & Services: Sports-theme restaurant and bar

Number of Locations: 37

Total Investment: $1.5M - $1.8M

Founded: 1976

Began Franchising: 2003

About The Greene Turtle Sports Bar and Grille

The first Greene Turtle location opened in Ocean City, Maryland, in 1976. Now headquartered in Hanover, Maryland, the family-oriented sports bar and casual dining concept began franchising in 2003, and initially expanded in the mid-Atlantic region. Today, the company has locations open as far north as New Yorkâs Long Island and continues efforts to expand throughout the East.

Franchise Units

Year U.S. Canadian International Company Owned
2014 25 0 0 12
2013 23 0 0 13
2012 21 0 0 13
2011 18 0 0 10
2010 14 0 0 11
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Midwest, Northeast, South, Southeast, Southwest, West.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $1,455,000 - $1,787,500
Franchise Fee: $45,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $1,500,000
Liquid Cash Available: $400,000
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

Franchise Ranking History

Franchise 500®: #412 (2014), #367 (2013), #364 (2012), #339 (2011), #465 (2010),

Franchise Search

Looking to Start a Business?

Original Soupman has opportunities available today.

Request Information

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise penalty-free. ($50k min)

Featured Franchises For Sale

West Coast Franchise Expo - October 23-25, 2014

From the Entrepreneur Bookstore

Franchise Bible, 7th Edition
Franchise Bible, 7th Edition
By Erwin J. Keup and Peter Keup
More Info