Groucho's Deli

Subs & salads

Background

Founded: 1941 Franchising since: 2001

611 Harden St.
Columbia, South carolina 29205

Phone:
(803)799-9867

Franchisor is a privately-held company with 8 employee(s); 8 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	18	0	0	1
2008	18	0	0	1
2007	16	0	0	1
2006	13	0	0	1
2005	11	0	0	1

Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North carolina, South, South carolina, Southeast, Tennessee, Virginia, West virginia

Costs and Fees

Total investment: $72.7K-310K
Franchise fee: $10K/20K

Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable

Express/kiosk option available

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $60K

Operations

25% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 12
Absentee ownership of franchise is allowed. (94% of current franchisees are owner/operators)