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Groucho's Deli

2014 Franchise 500
#360
At a Glance

Products & Services: Subs, salads

Number of Locations: 30

Total Investment: $72.7K - $315K

Founded: 1941

Began Franchising: 2001

About Groucho's Deli

Harold "Groucho" Miller came to Columbia, South Carolina in 1941 and opened the first Groucho's Deli, selling his original recipes for potato salad, cole slaw and salad and sandwich dressings such as "Formula 45 Sauce" (a recipe perfected in 1945). The company began franchising 60 years later, expanding throughout the Southeastern U.S.

Franchise Units

Year U.S. Canadian International Company Owned
2014 29 0 0 1
2013 27 0 0 1
2012 26 0 0 1
2011 22 0 0 1
2010 22 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.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $72,700 - $315,030
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®: #360 (2014), #317 (2011),