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The Ground Round Grill & Bar
Ground Round® Grill and Bar is a casual dining brand with nearly 50 years of history. Its 2-room design makes it the perfect destination for drinks with friends or dinner with the whole family. Since 2004, Ground Round has been owned by its franchisees. Franchisees have the option to purchase Membership Shares that come with a preferred royalty rate as well as voting rights and a financial stake in the Ground Round brand. Find out more about what sets the Ground Round opportunity apart.
Facts & figures
Ground Round Grill & Bar offers restaurant franchisees a rare opportunity to partner with a proven brand for more than 35 years. The Ground Round business model includes competitive fees with protected territories, a menu with more than 80 items and value pricing, and comprehensive support, with purchasing and distribution, opening training, ongoing business consulting and field support, marketing, advertising and promotion, and communication.
The Ground Round Grill & Bar Franchise Opportunities – History
The Ground Round Grill & Bar was founded in 1969 by Howard Johnson’s hotel chain. Since 2004, The Ground Round has been owned by Independent Owners Cooperative, LLC, a group of 30 franchisee owners, based in Freeport, Maine. Ground Round has nearly 30 restaurants in a dozen U.S. states, mostly in the Midwest and Northeast regions.
The Ground Round Grill & Bar Franchise Cost / Initial Investment / The
Ground Round Grill & Bar Franchise Income
The initial franchise fee for Ground Round Grill & Bar is $30,000 for the first restaurant and $35,000 for each subsequent location. A minimum liquidity of $500,000 is required to open a Ground Round Grill & Bar franchise, as well as a net worth of $1 million. A royalty rate of 3.5% on gross sales is paid to the company in addition to a 2% local advertising obligation. Ground Round restaurants bring in more than $100 million in annual sales systemwide.
The Ground Round Grill & Bar Business Opportunities: Other Information
In 2010, Ground Round Independent Owners Cooperative, LLC, the parent group of Ground Round franchises, introduced a new Ground Round Sports Grille, a concept designed for bowling centers, airports, food courts and tourist destinations.
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