Ground Round I.O.C. vs Eggspectation Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Ground Round I.O.C. vs Eggspectation including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Ground Round I.O.C. Eggspectation
Investment 995000 - 1800000 650000 - 1500000
Franchise Fee
Royalty Fee 3.50% 5%
Advertising Fee 2% Nat'l 1% local
Year Founded 1969 1993
Year Franchised 1970 1998
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Ground Round I.O.C. Eggspectation
Experience

Financing Options
  Ground Round I.O.C. Eggspectation
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Ground Round I.O.C. Eggspectation
Training *An initial training program as defined in the franchise agreement. *Training programs, seminars and other related activities regarding the operation of the Restaurant as we reasonably deem necessary or appropriate. *Certain on-site remedial training when requested and found appropriate.
Support *Site selection. *Onsite assistance prior to and during restaurant opening. *Regular visits, evaluations of the Restaurant, products and services provided at the Restaurant to ensure that the high standards of quality, appearance and service of the System are maintained. *Our prototype restaurant design and consultation provided during restaurant construction. *Assist in local marketing and advertising for your restaurant unit. *Advice and written materials (including updates to the Manuals) concerning techniques for managing and operating the Restaurant, including new developments and improvements in equipment, food products, packaging and preparation. *The use of our established supply sources, including negotiated prices that could not likely be attained by an independent operator. *Merchandising support programs, product tie-ins and seasonal promotions to attract new customers, enhance customer loyalty to maximize the frequency of visits. *The benefit of our Research and Development team that is constantly testing new products and searching for new ideas and better ways to serve customers.
Marketing *With available marketing funds, we plan marketing campaigns on regional or national level. *Assist in local marketing and advertising for your restaurant unit.
Operations

Expansion Plans
  Ground Round I.O.C. Eggspectation
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Ground Round I.O.C.
Eggspectation
Franchise Fee
Ground Round I.O.C.
Eggspectation
Royalty Fee
Ground Round I.O.C. 3.50%
Eggspectation 5%
Advertising Fee
Ground Round I.O.C.
Eggspectation 2% Nat'l 1% local
Year Founded
Ground Round I.O.C. 1969
Eggspectation 1993
Year Franchised
Ground Round I.O.C. 1970
Eggspectation 1998
Term Of Agreement
Ground Round I.O.C. 10 years
Eggspectation
Renewal Fee
Ground Round I.O.C. 50% of current royalty fee
Eggspectation


Business Experience Requirements
Experience
Ground Round I.O.C.
Eggspectation

Financing Options
 
Franchise Fees
Ground Round I.O.C. No
Eggspectation No
Start-up Costs
Ground Round I.O.C.
Eggspectation
Equipment
Ground Round I.O.C.}
Eggspectation
Inventory
Ground Round I.O.C.
Eggspectation
Receivables
Ground Round I.O.C.
Eggspectation
Payroll
Ground Round I.O.C.
Eggspectation

Training & Support
Training
Ground Round I.O.C.
Eggspectation *An initial training program as defined in the franchise agreement. *Training programs, seminars and other related activities regarding the operation of the Restaurant as we reasonably deem necessary or appropriate. *Certain on-site remedial training when requested and found appropriate.
Support
Ground Round I.O.C.
Eggspectation *Site selection. *Onsite assistance prior to and during restaurant opening. *Regular visits, evaluations of the Restaurant, products and services provided at the Restaurant to ensure that the high standards of quality, appearance and service of the System are maintained. *Our prototype restaurant design and consultation provided during restaurant construction. *Assist in local marketing and advertising for your restaurant unit. *Advice and written materials (including updates to the Manuals) concerning techniques for managing and operating the Restaurant, including new developments and improvements in equipment, food products, packaging and preparation. *The use of our established supply sources, including negotiated prices that could not likely be attained by an independent operator. *Merchandising support programs, product tie-ins and seasonal promotions to attract new customers, enhance customer loyalty to maximize the frequency of visits. *The benefit of our Research and Development team that is constantly testing new products and searching for new ideas and better ways to serve customers.
Marketing
Ground Round I.O.C.
Eggspectation *With available marketing funds, we plan marketing campaigns on regional or national level. *Assist in local marketing and advertising for your restaurant unit.
Operations
Ground Round I.O.C.
Eggspectation

Expansion Plans
US Expansion
Ground Round I.O.C.
Eggspectation Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Ground Round I.O.C. 0
Eggspectation
International Expansion
Ground Round I.O.C.
Eggspectation