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Home >> Restaurants (Sit-Down) >> Full Service Restaurant w/ Bar
| Ground Round Grill & Bar 500 US Route One Freeport, ME 04032 |
Submit an online form to receive information from Ground Round Grill & Bar.
|
Business Description
THE GROUND ROUND GRILL & BAR has a solid plan for success. Whether you wish to diversify or add to your portfolio, we are currently developing exciting franchise opportunities in the country's most desirable markets. The GROUND ROUND is a proven casual dining concept that profits from its vision, commitment and energy. Call or click today and start building a growth plan that can really pay dividends.
Franchisor Background
Year Established: 1969
Franchising Since: 1970
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Financial Requirements
Average Number of Employees: 15 Full-time, 52 Part-time
Space Needs (in square footage): 4,600 Min.
Preferred Sites: Free-standing Building, Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
THE GROUND ROUND GRILL & BAR has a solid plan for success. Whether you wish to diversify or add to your portfolio, we are currently developing exciting franchise opportunities in the country's most desirable markets. The GROUND ROUND is a proven casual dining concept that profits from its vision, commitment and energy. Call or click today and start building a growth plan that can really pay dividends.
Franchisor Background
Year Established: 1969
Franchising Since: 1970
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 50 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 50 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Massachusetts | 6 |
| 2. New York | 7 |
| 3. Pennsylvania | 7 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $NA |
| Cash Investment: | $200-400K |
| Total Investment: | $1.0-1.9MM |
| Average Total Investment: | $1450K |
| Fees: | |
| Initial Franchise Fee: | $40K |
| Average Franchise Fee: | $40K |
| On-Going Royalty: | 3.5% |
| Average Royalty: | 3% |
| Advertising Fee: | 2% |
Space Needs (in square footage): 4,600 Min.
Preferred Sites: Free-standing Building, Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 5 | ||||||||
| Specific Industry Experience: | 4 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 4 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 20 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | No | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Member | ||||||||
| Size of Corporate Staff: | 7 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | No | ||||||||
| Financial Assistance? | No | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | At Additional Cost | ||||||||
| Initial Store Opening: | At Additional Cost | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Regional Training Unit | 6-10 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Ground Round Grill & Bar.
|
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