Ground Round I.O.C. Franchise

Casual-themed restaurant

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, customers are strongly recommended to visit the official Ground Round I.O.C. website.

Start-up Costs & Franchise Fees

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

Total Investment: $995,000-$1,800,000
Initial Franchise Fee: $40,000
Royalty Fee: 3.5%
Advertising Fee: N/A
Term of Agreement: 10 years
Renewal Fee: 50% of current royalty fee

How to contact Ground Round I.O.C.

Ground Round I.O.C.
500 US Route One
Freeport, ME
04032

Phone: (207)865-4433
Fax: (207)865-2227

Website: Visit Website

Ground Round I.O.C. News

Restaurant Owners Unite To Survive
People buy franchises for the organization's assets: a recognized brand, collective marketing and technical expertise. But for the entrepreneurs holding Ground Round franchises early last year, the parent company became an albatross. On Feb. 13, 2004, American Hospitality Group of Burlingt... more

The Ground Round Ioc Is Awarded Nation's Restaurant News' 2005 Franchise Excellence Award
Ground Round Independent Owners Cooperative, LLC (IOC) was recently awarded Nation's Restaurant News' 2005 Franchise Excellence Award for Leadership in Franchise Management. The award was presented to IOC President and CEO, Jack Crawford, and Mike Ludwig, Chairman of the Board, as part of t... more

Independents Unite: Ground Round Making A Comeback - Operators On Pace To Open Up To Eight New Locations
A year after the spur-of-the-moment shutdown of nearly half its restaurants, the Ground Round is cooking up an unlikely comeback. After recovering from the parent company's bankruptcy, the casual dining chain has reopened six of the shuttered restaurants and plans to add up to eight new ones ... more
View all Ground Round I.O.C. Press Releases

Franchise 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

Financing Options

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

Related Franchise Categories

This franchise opportunity has been viewed 339 times.

Read Ground Round I.O.C. Reviews

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