Ground Round Grill & Bar Franchise for Sale - Restaurant Company
Ground Round Grill & Bar Franchise Opportunities
Ground Round Grill and Bar is a casual dining brand. Ground Round menu offers a combination of variety, enhanced flavor profiles and portion sizes that are unequaled in any other casual dining concept. The first Ground Round was opened in 1969 and offered a limited menu of only 12 items, featuring primarily burgers, snack food and pitchers of beer. Today, it is the place for families, friends and sports fans. Ground Round also provides franchise opportunities. As of 2018, the company operates 23 franchises in the United States.
How much does Ground Round Grill & Bar franchise cost?
Ground Round Grill & Bar has the franchise fee of up to $20,000, with total initial investment range of $329,000 to $2,205,000.
Initial Investment: $329,000 - $2,205,000
Net-worth Requirement: $1,000,000 - $5,000,000
Liquid Cash Requirement: $500,000 - $750,000
Initial Franchise Fee: $20,000 - $35,000
Ongoing Royalty Fee: 2.5% / 3.5%
Ad Royalty Fee: 2%
On-The-Job Training: 400 hours+
Classroom Training: 64 hours
Additional Training: Training for 3 managers
Number of Employees Required to Run: 50
Ground Round Grill & Bar Franchise Expansion Plans: USA
Ground Round Grill & Bar Franchise Info: https://groundroundfranchise.com
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Starting investments from:$329,000
- Company foundation year:1969
- Year of launching the franchise:1969
- Franchise enterprises:26
- Corporate Address:15 Main St., #210 Freeport, ME 04032, USA