The Greene Turtle Sports Bar & Grille

The Greene Turtle Sports Bar & Grille

Restaurants and sports bars
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2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$1.5M - $2.7M
Units as of 2019
44 2.3% over 3 years

Company Overview

The first Greene Turtle location opened in Ocean City, Maryland, in 1976. Now headquartered in Columbia, Maryland, the family-oriented sports bar and casual dining concept began franchising in 2003, and initially expanded in the mid-Atlantic region. Today, the company has locations open as far north as New York's Long Island and continues efforts to expand throughout the East.

About The Greene Turtle Sports Bar & Grille

Industry
Food
Founded
1976
Parent Company
Stone-Goff Partners
Leadership
Geovannie Concepcion, CEO
Corporate Address
6990 Columbia Gateway Dr., #120
Columbia, MD 21046

Business Overview

Franchising Since
2003 (20 years)
# of employees at HQ
21
# of Units
44 (as of 2019)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a The Greene Turtle Sports Bar & Grille 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
$45,000
Initial Investment
$1,455,000 - $2,702,500
Net Worth Requirement
$1,500,000
Cash Requirement
$500,000
Royalty Fee
4%
Ad Royalty Fee
1.5%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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Financing Options

franchisees.

Third Party Financing
The Greene Turtle Sports Bar & Grille has relationships with third-party sources which offer financing to cover the following: startup costs, equipment

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
240 hours
Classroom Training
40 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
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?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

Compare where The Greene Turtle Sports Bar & Grille landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
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