Wednesday
May262010
Ground Round I.O.C. Franchise
Casual-themed restaurant
Start-up Costs & Franchises Fees
What is the total cost to open a Ground Round I.O.C. Franchises?
Total Cost: $995,000 USD -$1,800,000 USD
Total Franchise Fees: $40,000 USD
Ongoing Royalty Fees: 3.5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: 50% of current royalty fee
Contact Information for Ground Round I.O.C.
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Ground Round I.O.C. |
Phone Number: (207)865-4433 |
Ground Round I.O.C. In the Press
No results at this time.Historical Expansion
In what year did Ground Round I.O.C. begin operations? 1969
When did Ground Round I.O.C. begin selling franchises? 1970
Year United States Canada International Corporate 2006 57 0 0 0 2005 66 0 0 0 2004 71 0 0 0
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes