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Groucho's Deli

At a Glance

Products & Services: Subs & salads

Number of Locations: 27

Total Investment: $72.7K - 310.03K

Founded: 1941

Began Franchising: 2001

Franchise Units

Year U.S. Canadian International Company Owned
2012 26 0 0 1
2011 22 0 0 1
2010 22 0 0 1
2009 18 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South, South Carolina, Southeast, Tennessee, Virginia, West Virginia.

Startup Costs, Ongoing Fees and Financing

Total Investment: $72,700 - $310,030
Franchise Fee: $10,000 - $20,000
Ongoing Royalty Fee: 5.25%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $60,000
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).

How This Franchise Supports Franchisees

Training: Available at headquarters: 134-166 hours. Available at franchisee's location.
Ongoing Support: Newsletter, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising,

Franchise Ranking History

Franchise 500®: #317 (2011),

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