15 Main St. Suite 210 Freeport, ME 04032

Ground Round® also offers low  franchise fees, flexible 5 and 10 year terms, and welcomes single or multi-unit development, with design support for either new build or conversion opportunities. “We welcome independent operators looking to convert  to a national brand,” states Jack Crawford, President & CEO of Ground Round IOC, LLC, “ and we are appealing to multi-unit operators looking for prime territories to develop with a brand where they know they will always have input in  our direction.”

full service brand Requirements

What are the fees and Candidate Requirements?

The initial franchise fee is $35,000
Royalty Rate of 3.5% and a 2% Local Advertising obligation
Or $60,000 in Initial Fees to include purchase of a Membership Share with voting rights and a member preferred royalty rate of 2.5%
All real estate and construction costs are the responsibility of the franchisee.
Financial requirements include a minimum liquidity of $500,000 and net worth of $1 million per restaurant to be developed. 
At least one partner must have prior full service restaurant operations experience.
In addition, a minimum of 4 full time managers, including the General Manager, must complete Ground Round training in acertified training location for a minimum of 8 weeks, in advance of the opening.

What are the Site Selection Guidelines?

Although not a comprehensive list, the following will contribute to a favorable site selection:

Building size: 4,600 to 6,000 square feet
Land: Minimum of 1 acre (unless part of a shopping center)
Conversions will be defined by an approved scope of work
Number of Seats: Ideal range of 185 – 215 with a two-room layout preferred
Parking to accommodate a minimum of 100 vehicles
Population Density: Typically 50,000 to 75,000 people living within primary trade area.
Accessibility and Visibility: Prominent visibility as well as convenient and adequate points of access. Corner locations with a traffic light are preferred.
Traffic Generators: The presence of one or more traffic generators is advisable. These include shopping malls, a multi-screen movie theatre, a large office complex and hotels.
Traffic/Car Count: A minimum of 25,000 vehicles daily – ideal is over 35,000
Competitors within Trading Area: Strong results from other casual dining restaurants within a prospective restaurant trading area can be a barometer of market potential

What are my Likely Investment and Start-up Costs?

Investment & Start-up costs will vary depending on the type of development (new build, conversion, or in-line facility) and the cost of real estate or rent for leased premises. Our Franchise Disclosure Document provides detailed estimates and ranges of likely costs for each type of development. Likely minimum expectations are provided below:

New Build Prototype: 
$1.8 – $2.3 million: Including equipment, fit-up and pre-open expenses but excluding liquor license and land costs

In-Line Construction: 
$1.0 – $1.8 million: Including equipment, fit-up and pre-open expenses, excluding liquor license costs, and depending on present space and facility provided

Conversions: 
$300 thousand - $800 thousand: Including equipment, fit-up and pre-open, but excluding liquor license and acquisition/real-estate costs. Conversion costs can vary up or down depending on existing condition of facility, mechanicals and FF&E. 

 FOR NON-TRADITIONAL Development 

 Airports and Transportation Centers  

Bowling and Entertainment Centers  

Movie Theaters

Hotels

What are the fees and Candidate Requirements?

The initial franchise fee is $20,000.
Royalty Rate of 3.5% and a 2% Local Advertising obligation.
Or $50,000 in Initial Fees to include purchase of a Membership Share with voting rights and a member preferred royalty rate of 2.5%.
All real estate and construction costs are the responsibility of the franchisee.
Financial requirements include a minimum liquidity of $150,000 and minimum net worth of $1 million per restaurant to be open.
At least one partner must have prior satisfactory, full service restaurant operations experience
In addition, a minimum of 3 full time managers, including the General Manager, must complete Ground Round training in a certified training location for a minimum of 8 weeks, in advance of the opening

What are the Site Selection Guidelines?

Restaurant size: 1,500 to 2,500 square feet. 
In-line or Conversion of existing restaurant with approved scope of work defined.
Number of Seats: Ideal range of 80 – 125 with a one-room layout including a full bar with minimum of 10 seats.
Population Density: Typically 50,000 to 75,000 people living within primary trade area.
Airport Site in strong terminal food court or high use multiple gate areas
Bowling and multi-business locations in prominent, high-traffic area of facility or complex, and preferably with both interior entrance and its own outside Sports Grille entrance.
Competitors within Trading Area: Strong results from other casual dining restaurants within a prospective restaurant trading area can be a barometer of market potential

What are my Likely Investment and Start-up Costs?

Investment & Start-up costs will vary depending on the type of development (In-line construction or conversion of existing space) and the cost of real estate or rent for leased premises. Our Franchise Disclosure Document provides detailed estimates and ranges of likely costs for each type of development. Likely minimum expectations are provided below:

In-Line Construction: 
$285 thousand to $620 thousand, including equipment, fit-up and pre-open expenses, and depending on present space and facility provided.

Conversions: 
$125 thousand - $400 thousand, including equipment, fit-up and pre-open, but excluding acquisition/real-estate costs. Conversion costs can vary up or down depending on condition of facility, mechanicals and existing FF&E.