Ground Round Grill & Bar

Casual restaurants
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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$329K - $2.2M
Units as of 2018
23 Decrease

Company Overview

About Ground Round Grill & Bar

Industry Food
Related Categories Miscellaneous Full-Service Restaurants
Founded 1969
Parent Company Ground Round Inependent Owners Cooperative LLC
Leadership Jack Crawford, CEO
Corporate Address 15 Main St., #210
Freeport, ME 04032
Social Facebook, Twitter

Business Overview

Franchising Since 1969 (54 years)
# of employees at HQ 6
Where seeking

This company is offering new franchisees throughout the US.

This company is offering new franchisees worldwide.

# of Units 23 (as of 2018)

Information for Franchisees

Here's what you need to know if you're interested in opening a Ground Round Grill & Bar franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$20,000 - $35,000
Initial Investment Information Circle
$329,000 - $2,205,000
Net Worth Requirement Information Circle
$1,000,000 - $5,000,000
Cash Requirement Information Circle
$500,000 - $750,000
Royalty Fee Information Circle
2.5%/3.5%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
5 years/10 years
Is franchise term renewable? Yes
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Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 400 hours+
Classroom Training 64 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Ad Templates
Regional Advertising
Social Media
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 50
Are exclusive territories available? Information Circle
Yes
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022