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 | Ground Round |
Business Type
FranchiseMin Liquid Capital
$125,000 to $200,000Total Investment
$1,000,000 to $1,900,000Required Net Worth
$800,000Number of Units
133In Business Since
1969* For Current Info See:
Franchise Disclosure Document
Overview
The Ground Round® Grill & Bar is a good time meeting
place where family and friends can gather to enjoy a wide selection of
great food and drinks in a comfortable, relaxing setting - all at very
affordable prices.
The Ground Round® Grill & Bar is a restaurant whose key to success is its understanding of what a family is looking for in a dining experience - emotionally and financially. Using the two-dining room concept, the restaurants provide atmosphere that is both inviting to families and fun for children. We offer a substantial broad-based menu with a high quality/good value relationship for our guests. In addition, we are one of the few family oriented restaurants where adults can enjoy full liquor service with their meals. Our lounge is a casual alternative for our adult guests where they can relax and enjoy full menu service.
The Ground Round® Grill & Bar is a restaurant whose key to success is its understanding of what a family is looking for in a dining experience - emotionally and financially. Using the two-dining room concept, the restaurants provide atmosphere that is both inviting to families and fun for children. We offer a substantial broad-based menu with a high quality/good value relationship for our guests. In addition, we are one of the few family oriented restaurants where adults can enjoy full liquor service with their meals. Our lounge is a casual alternative for our adult guests where they can relax and enjoy full menu service.
Products & Services
Ground Round is a full service restaurant and bar serving a wide variety of appetizers, soups, salads, pastas, ribs, seafood, Tex Mex, steaks, chicken, burgers, sandwiches, and drinks. Favorites include buffalo wings, sizzling fajitas, the old hickory burger, and orange grilled salmon.
Training & Support
- Purchasing and Distribution Network
- Opening Training Support
- Prototypical Plans Provided
- On-going business consulting and field support
- Marketing and advertising materials and promotional support
- On-going communication, meetings and training
Why Ground Round?
- A Proven brand for more than 35 years
- Competitive fees with territories available
- A franchise led organization and voting rights for owners
- Two-room concept with a full liquor license, bar and lounge
- A menu with over 80 items and value pricing
- Over 60 locations in 19 U.S. states with systemwide sales over 100 million
Are You a Good Fit for Ground Round?
- The initial franchise fee is $40,000 for the first restaurant and $35,000 for each subsequent restaurant developed. All real estate and construction costs are the responsibility of the franchisee.
- There is a 3.5% monthly gross revenue royalty fee and a 2% advertising obligation to be spent on local marketing. Also required is Grand Opening spending of $5,000.
- Financial requirements are a minimum liquidity of $500,000 with working capitol of $175,000. Minimum total net worth will be evaluated on a case by case basis.
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