Ground Round Grill & Bar

Ground Round Grill & Bar

Not Ranked

Initial Investment

LOW: $1,140,000
HIGH: $2,205,000

Change in Units

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Promoted Opportunities

Company Profile

Founded

1969

Franchising Since

1969 (47 Years)

Corporate Address

15 Main St., #210 Freeport, ME 04032

CEO

Jack Crawford

Financials

Financial Requirements

Initial Investment

$1,140,000 - $2,205,000

Net-worth Requirement

$1,000,000

Liquid Cash Requirement

$500,000

Ongoing Fees

Initial Franchise Fee

$30,000 - $35,000

Ongoing Royalty Fee

2.5%/3.5%

Ad Royalty Fee

2%

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new units internationally.

Operations & Franchisor Support

Training Onsite: 3 weeks at opening

Additional Training: Training for 3 managers

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks
National Media

Number of employees required to run: 50

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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: July 11th, 2014

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