Ground Round I.O.C. vs Twin Peaks Franchise Comparison

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

Start-Up Costs and Fees
  Ground Round I.O.C. Twin Peaks
Investment 995000 - 1800000 1309800 - 2365900
Franchise Fee
Royalty Fee 3.50% 5%
Advertising Fee 3%
Year Founded 1969 2005
Year Franchised 1970 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Ground Round I.O.C. Twin Peaks
Experience *Multi-unit developers (ability to develop three or more restaurants): $500,000 liquid (per store); $1,500,000 net worth (per store). *Strong banking relationships and ability to secure funding. Management and Operating Requirements *At least five years multi-unit restaurant operations and development experience. *The ability to deliver a superlative customer experience while maintaining a dedication to develop the Twin Peaks culture. *Live in your market and have strong ties to the local community. *The ability to create and manage an organization that recruits, trains, retains and motivates people effectively. *Dedication to operations excellence.

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

Training & Support
  Ground Round I.O.C. Twin Peaks
Training *The franchise group's control person and all management participate in a 6-7 week training program at the Twin Peaks Training Center located in Dallas, Texas. *Additionally, we provide an opening training team to provide on-site pre-opening and opening training, supervision and assistance to you for a minimum of 14 days. *Once completed, franchisees receive regular updates to their training, including on-site visits and operation reviews.
Support *Development and Site Selection help *Grand opening *Training teams *Meetings *Intranet system/Online training materials *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives, R&D
Marketing Co-op advertising, Interactive Website, Merchandise, Email Club, Billboards, Girl of the Month photo shoots, Twin Peaks TV in house ads, Seasonal Costume changes, Private label beer.
Operations *50% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 60. *Absentee ownership of franchise is allowed..

Expansion Plans
  Ground Round I.O.C. Twin Peaks
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.
Twin Peaks
Franchise Fee
Ground Round I.O.C.
Twin Peaks
Royalty Fee
Ground Round I.O.C. 3.50%
Twin Peaks 5%
Advertising Fee
Ground Round I.O.C.
Twin Peaks 3%
Year Founded
Ground Round I.O.C. 1969
Twin Peaks 2005
Year Franchised
Ground Round I.O.C. 1970
Twin Peaks 2005
Term Of Agreement
Ground Round I.O.C. 10 years
Twin Peaks 15 years
Renewal Fee
Ground Round I.O.C. 50% of current royalty fee
Twin Peaks


Business Experience Requirements
Experience
Ground Round I.O.C.
Twin Peaks *Multi-unit developers (ability to develop three or more restaurants): $500,000 liquid (per store); $1,500,000 net worth (per store). *Strong banking relationships and ability to secure funding. Management and Operating Requirements *At least five years multi-unit restaurant operations and development experience. *The ability to deliver a superlative customer experience while maintaining a dedication to develop the Twin Peaks culture. *Live in your market and have strong ties to the local community. *The ability to create and manage an organization that recruits, trains, retains and motivates people effectively. *Dedication to operations excellence.

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

Training & Support
Training
Ground Round I.O.C.
Twin Peaks *The franchise group's control person and all management participate in a 6-7 week training program at the Twin Peaks Training Center located in Dallas, Texas. *Additionally, we provide an opening training team to provide on-site pre-opening and opening training, supervision and assistance to you for a minimum of 14 days. *Once completed, franchisees receive regular updates to their training, including on-site visits and operation reviews.
Support
Ground Round I.O.C.
Twin Peaks *Development and Site Selection help *Grand opening *Training teams *Meetings *Intranet system/Online training materials *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives, R&D
Marketing
Ground Round I.O.C.
Twin Peaks Co-op advertising, Interactive Website, Merchandise, Email Club, Billboards, Girl of the Month photo shoots, Twin Peaks TV in house ads, Seasonal Costume changes, Private label beer.
Operations
Ground Round I.O.C.
Twin Peaks *50% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 60. *Absentee ownership of franchise is allowed..

Expansion Plans
US Expansion
Ground Round I.O.C.
Twin Peaks 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
Twin Peaks
International Expansion
Ground Round I.O.C.
Twin Peaks