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Franchise The Greene Turtle Sports Bar & Grille

Investments

$1,455,000

Franchise fee

$45,000

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Short information

$1,455,000

$1,455,000

Investments

$500,000

$500,000

Minimum Cash

3

3

Wishing to buy

1976

1976

Year Brand Started

47

47

Offices

2003

2003

Year Franchising Started

Franchise The Greene Turtle Sports Bar & Grille

Investments

$1,455,000

Offices

47

Franchise Fee

45000

Short information

1976

Year Brand Started

2003

Year Franchising Started

About Franchise

In 1981, college buddies Steve Pappas and Tommy Dickerson bought Ocean City English-style pub, The Greene Turtle, and transformed it into a beloved sports bar.

In 1986, with the help of another college buddy, Billy Packo, owners Pappas and Dickerson opened a Greene Turtle in Baltimore’s popular Fells Point neighborhood.

Franchise The Greene Turtle Sports Bar & Grille

Following success in Baltimore, Pappas and Dickerson opened a third location in Laurel, MD in 1990, with the help of Mike Sanford.

Additional Greene Turtle locations popped up in 1998, in Edgewater, MD and West Ocean City, MD.

The men decided to take things to the next level in 2002, and franchise, Pappas and Dickerson’s business decision resulted in nearly 30 locations throughout the Mid-Atlantic area,

By 2010, the Greene Turtle was recognized by Entrepreneur Magazine as the fastest-growing sports bar franchise in the nation and around 30 locations across the Mid-Atlantic.

Franchise The Greene Turtle Sports Bar & Grille

A DISTINCTIVE GROWTH OPPORTUNITY

The Greene Turtle Franchising Corp. is looking strategic franchise partners to continue its dynamic growth. We want strong candidates who already have success in multi-unit development and management and who are seeking to leverage their existing resources to expand their business and brand portfolios. Multi-unit operators are already choosing The Greene Turtle as their growth brand in Maryland, Virginia, New York, New Jersey, Delaware, Pennsylvania and West Virginia.

Our franchise business opportunity is distinguished by five key points of differentiation:

  • Strong Unit Economics: Average Unit Volume: $2.74MM – 2017 FDD
  • Broad Demographic Appeal: “Regulars” range from young adults to boomers to seniors to families to sports fans of all ages, and more.
  • And Our Menu: With a flair reflective of our Maryland origins, The Greene Turtle’s food is not your typical “sports bar” fare. Our beverage selection combines top-shelf brands, proprietary selections and regional and seasonal brews, which helps our restaurants maintain an impressive ratio of high-margin beverage to food sales.
  • The “Cool Factor” – It’s very real: Driven by the cult-like popularity of our T-shirts, strong sales of Greene Turtle merchandise provide a valuable added revenue stream.
  • Our dedicated strategic franchisees partners: We love our Strategic franchise partners! They are experienced multi-unit operators who embrace the Greene Turtle brand and leverage their existing resources to expand their business portfolios.

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Finance Information

Investments: $1,455,000 – $2,687,500

Franchise fee: $45,000

Royalty fee: 4%

Minimum Cash: $500,000

Net Worth: $1,500,000

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Training

Yes

Business Type

Franchise

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