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Promoted Opportunities
Initial Investment
LOW: $70,658
HIGH: $368,924
Change in Units
+3.2% +1 UNITS (1 Year)
+14.3% +4 UNITS (3 Years)
Company Profile
Founded
1941
Franchising Since
2001 (16 Years)
Corporate Address
611 Harden St. Columbia, SC 29205
CEO
Bruce Miller
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.
Financials
Financial Requirements
Initial Investment
$70,658 - $368,924
Net-worth Requirement
$250,000
Liquid Cash Requirement
$60,000
Ongoing Fees
Initial Franchise Fee
$10,000 - $20,000
Ongoing Royalty Fee
5.25%
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List
Operations & Franchisor Support
Training Onsite: 31 days
Training at headquarters: 60 days
Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Absentee Ownership Allowed
Number of employees required to run: 12
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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 10th, 2016
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