Ground Round I.O.C. Franchise

Casual-themed restaurant

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Ground Round IOC represents a group of independent franchise owners who purchased the Ground Round Franchise Rights and Trademarks, and have owned and led their own brand since 2004. They offer two distinctive brands for development and a unique franchise model whereby franchisees can own their own restaurant and an ownership/membership share in the overall future and growth of the brand. Ground Round IOC operates restaurants in 12 states spread across the Midwest and Northeast areas of the United States, with headquarters based in Freeport, Maine. For more information, visit www.groundround.com.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Ground Round I.O.C., may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Ground Round I.O.C. website.

How much does it cost to open a Ground Round I.O.C. Franchise ?

The investment required to open a Ground Round I.O.C. Franchise is between $995,000 - $1,800,000 . There is an initial franchise fee of $40,000 which grants you the license to run a business under the Ground Round I.O.C. name.

Individual Franchise Costs

  • Initial Investment:
    $995,000 -
  • Initial Franchise Fee:
    $40,000
  • Royalty Fee:
    3.50%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    50% of current royalty fee

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Ground Round I.O.C. Growth History

When did the first Ground Round I.O.C. open? 1969
When did Ground Round I.O.C. start Franchising ? 1970

Year U.S.A. Canada International Corporate
2006 57 0 0 0
2005 66 0 0 0
2004 71 0 0 0


How much does a Ground Round I.O.C. Franchise owner make?

How much money you could make as a Ground Round I.O.C. Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Ground Round I.O.C. Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$40,000 - $1,800,000
Initial Franchise Fee
$40,000
Royalty Fee
3.50%
Term of Agreement
10 years
Renewal Fee
50% of current royalty fee
Ground Round I.O.C. Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Ground Round I.O.C. and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Ground Round I.O.C. franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.