The Ground Round Grill & Bar is a casual dining restaurant known for its kids’ parties, which used to feature silent movies and cartoons shown on a big screen. These days Ground Round is simply an all-around fun, casual, dependable restaurant where family, friends or business associates can meet and spend enjoyable or productive time in a relaxing, comfortable atmosphere with great service and even better food at reasonable prices. Ground Round restaurants use a two-dining room concept, with one dining space offering a family experience, with booths and tables spaced well. The other room is a grill and bar, with a much more casual, fun atmosphere, sports on the television screens, upbeat environment and full liquor service alongside the full menu service. It’s the best of both worlds, and Ground Round has it all.
Full Franchise Information
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.