Multi-Unit Franchisee Magazine 2014 Multi-Unit Buyer's Guide | Page 50

MULTI-UNIT Buyer’s Guide FOOD Fast Franchise Facts Franchising Since: 1969 Multi-Unit Franchisee Operating Units: 12 Total Franchise Operating Units: 28 Company Operating Units: 0 Capital Investment: $800,000 - $1,800,000 excluding land OPPORTUNITY Description Ground Round ® Grill and Bar is a known Casual Dining brand since 1969, offering a two room concept for families or adults meeting friends or watching the game. Since 2004, our brand is owned by our franchisees and offers a unique franchise model, whereby operators can own a franchise along with a share in the overall brand. Ground Round operates restaurants in 10 states across the Midwest and Northeast areas of the United States. Franchise Fee (per unit): $30,000 Development types include Free standing pad sites, In line retail spaces, and conversions. Desired areas include shopping malls and retail center with close proximity to movies and office parks. SITE LOCATION Royalty Fee (per unit): 2.5% Assistance Advertising Fee (per unit): 2% Earnings Claims: No Build-Out Options: Conversions welcome, also free standing, in-line, malls, and co-brand Available Territories: Prime territories available in Northeastern, Midwestern & Southeastern U.S. Rankings: Contact • 2005 Franchise Excellence Awards by Nation’s Restaurant News Jack Crawford President & CEO • 2012 Franchisee Satisfaction  Awards by Franchise Business Review Demographics (207) 865-4433 [email protected] groundround.com Site and market consultation and research, including design support and scope of work requirements provided for new builds and conversions. Qualifications Financial requirements include a minimum liquidity of $300,000 and net worth of $1 million per restaurant to be developed. At least one partner must have prior full service restaurant operations experience. We Treat Our Franchisees As We’d Like To Be Treated! A BrAnd Owned By Its FrAnchIsees sInce 2004 5 Or 10 yeAr Agreements nO multI-unIt develOpment requIrement Choice of Two Franchise Programs: • $35,000 Franchise Fee & 3.5% royalty rate • Or $60,000 in Initial Fees to include purchase of a Membership Share with voting rights and pay a member preferred royalty rate of 2.5%* Choice of Two Brands: • Ground Round Grill & Bar (full service) • Ground Round Sports Grille (non-traditional) We’re Even Better Than You Remember! For more information, visit www.groundround.com or contact Jack Crawford at (207) 865-4433 - ext 664 *Preferred royalty rates are voted on and set by the franchisee membership. 48 MULTI-UNIT BUYER’S GUIDE 2014