|Total Investment:||$20,000 - $35,000|
|Financing:||Via 3rd party|
|Incorporated Name:||Ground Round Grill and Bar|
|Home Office:||Freeport, ME|
About Ground Round Grill and Bar
Ground Round Grill & Bar has been America's favorite since 1959 As a pioneer in the casual dining space Ground Round Grill & Bar offers a pub atmosphere to families, singles and sports enthusiasts.
Values & History
Ground Round Grill & Bar is an American casual dining restaurant that was founded in 1969 by Howard Johnson's. As of 2019, there are 17 restaurants in the chain. During the 1970s and 1980s, Ground Round was well known for its children's parties, showing silent movies and cartoons on a big screen, a mascot named Bingo the Clown and for passing out whole peanuts where consumers were not discouraged from dropping the shells on the floor. At its peak, the chain had over 200 restaurant locations. The newest incarnation of Ground Round markets to families and also to the adult dining and cocktails crowd with a Sports Bar and Lounge section.
Changes in consumer confidence have a significant effect on household expenditure on discretionary items, including restaurant dining. When consumers have an optimistic outlook on the economy, they are more likely to spend money eating away from home. The economy continues on its longest upswing in history and so does restaurant dining.
Purchasing a Ground Round Grill and Bar Franchise
With an initial fee of $20,000 - $35,000, an ongoing royalty fee of 2.5%/3.5% and an Ad royalty fee of 2%, Ground Round Grill & Bar is a competitive option in the gastro-pub space.
Ideal Candidate & Qualifications
Ground Round Grill & Bar seeks entrepreneurs that want a guaranteed success story.
Training & Support
The Ground Round Independent Owners Cooperative will train new franchisees from ‘soup to nuts' on the business including superior operating systems, excellent training and ongoing support and advisory services, design and construction advisory services.