The Greene Turtle Sports Bar & Grille

The Greene Turtle Sports Bar & Grille

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Promoted Opportunities

The Greene Turtle Sports Bar & Grille
#300

Initial Investment

LOW: $1,455,000
HIGH: $2,687,500

Change in Units

+7.5% +3 UNITS (1 Year)
+19.4% +7 UNITS (3 Years)

Company Profile

Founded

1976

Franchising Since

2003 (14 Years)

Corporate Address

7550 Teague Rd., #113 Hanover, MD 21076

CEO

Robert Barry

Parent Company

Stone-Goff Partners

About The Greene Turtle Sports Bar & Grille

The first Greene Turtle location opened in Ocean City, Maryland, in 1976. Now headquartered in Hanover, 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.

Financials

Financial Requirements

Initial Investment

$1,455,000 - $2,687,500

Net-worth Requirement

$1,500,000

Liquid Cash Requirement

$500,000

Ongoing Fees

Initial Franchise Fee

$45,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

1.5%

Financing Options

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

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 15 days

Training at headquarters: 49 days

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 18th, 2016

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