Groucho's Deli

Groucho's Deli

Groucho's Deli
Not Ranked

Initial Investment

LOW: $69,749
HIGH: $362,439

Change in Units

+6.5% +2 UNITS (1 Year)
+9.7% +3 UNITS (3 Years)

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Company Profile

Founded

1941

Franchising Since

2001 (15 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

$69,749 - $362,439

Net-worth Requirement

$250,000

Liquid Cash Requirement

$60,000

Ongoing Fees

Initial Franchise Fee

$10,000 - $20,000

Ongoing Royalty Fee

5.25%

Franchise 500® Rank History

  • 2011 - 317
  • 2014 - 360
  • 2015 - 327

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training at headquarters: 134-166 hours

Ongoing Support
Newsletter
Internet
Security
Field Operations

Marketing Support
Co-op Advertising

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: June 13th, 2016

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Previous Years Rankings

2016 2015 2014 2013 2012