Ground Round I.O.C.
At a Glance
Products & Services: Casual-themed restaurant
Number of Locations:
Total Investment: $995K - 1.8M
Founded: 1969
Began Franchising: 1970
Private Owned
Startup Costs, Ongoing Fees and Financing
Total Investment: $995,000 - $1,800,000
Franchise Fee: $40,000
Ongoing Royalty Fee: 2-3.5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $40,000
Ongoing Royalty Fee: 2-3.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $500,000
Operations
65% of all franchisees own more than one unit. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: At franchisee's location: 14 days maximum.
Ongoing Support: Newsletter, Meetings, Field operations/evaluations,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,