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.
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
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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