Ground Round FDD Summary
Type of Business
Franchisees of Ground Round Independent Owners Cooperative, LLC, will operate a family oriented, full-service, casual dining restaurant operated under the name “Ground Round Grill & Bar” or “Ground Round Sports Grille.”
Corporate Information
Ground Round Independent Owners Cooperative, LLC, is a Delaware limited liability company founded on March 2, 2004. Their principal business address is 15 Main Street, Suite 210, Freeport, Maine 04032.
Investment
The total investment necessary to begin operation of a Ground Round Grill & Bar franchise ranges from approximately $1,140,000 – $2,205,000, including a $35,000 Franchise Fee (or $30,000 Franchise Fee if you purchase a membership interest in Ground Round Independent Owners Cooperative, LLC, as described in Item 5 below) that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of a Ground Round Sports Grille franchise ranges from approximately $320,000 – $730,000, including a $20,000 Franchise Fee that must be paid to the franchisor or its affiliates.