Shoney's Restaurants vs Ground Round I.O.C. Franchise Comparison

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

Start-Up Costs and Fees

  Shoney's Restaurants Ground Round I.O.C.
Investment 568000 - 2800000 995000 - 1800000
Franchise Fee
Royalty Fee 2.5-3.5% 3.50%
Advertising Fee
Year Founded 1968 1969
Year Franchised 1971 1970
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Shoney's Restaurants Ground Round I.O.C.
Experience Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous

Financing Options

  Shoney's Restaurants Ground Round I.O.C.
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Shoney's Restaurants Ground Round I.O.C.
Training
Support
Marketing
Operations

Expansion Plans

  Shoney's Restaurants Ground Round I.O.C.
US Expansion
Canada Expansion 0 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Shoney's Restaurants
Ground Round I.O.C.
Franchise Fee
Shoney's Restaurants
Ground Round I.O.C.
Royalty Fee
Shoney's Restaurants 2.5-3.5%
Ground Round I.O.C. 3.50%
Advertising Fee
Shoney's Restaurants
Ground Round I.O.C.
Year Founded
Shoney's Restaurants 1968
Ground Round I.O.C. 1969
Year Franchised
Shoney's Restaurants 1971
Ground Round I.O.C. 1970
Term Of Agreement
Shoney's Restaurants
Ground Round I.O.C. 10 years
Renewal Fee
Shoney's Restaurants
Ground Round I.O.C. 50% of current royalty fee


Business Experience Requirements

Experience
Shoney's Restaurants Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous
Ground Round I.O.C.

Financing Options

 
Franchise Fees
Shoney's Restaurants No
Ground Round I.O.C. No
Start-up Costs
Shoney's Restaurants
Ground Round I.O.C.
Equipment
Shoney's Restaurants}
Ground Round I.O.C.
Inventory
Shoney's Restaurants
Ground Round I.O.C.
Receivables
Shoney's Restaurants
Ground Round I.O.C.
Payroll
Shoney's Restaurants
Ground Round I.O.C.

Training & Support

Training
Shoney's Restaurants
Ground Round I.O.C.
Support
Shoney's Restaurants
Ground Round I.O.C.
Marketing
Shoney's Restaurants
Ground Round I.O.C.
Operations
Shoney's Restaurants
Ground Round I.O.C.

Expansion Plans

US Expansion
Shoney's Restaurants
Ground Round I.O.C.
Canada Expansion
Shoney's Restaurants 0
Ground Round I.O.C. 0
International Expansion
Shoney's Restaurants
Ground Round I.O.C.