The Restaurant Brokers: Greene Turtle Restaurant

THE GREENE TURTLE Sports Bar & Grille is a casual, family-friendly neighborhood restaurant concept that features great food in a sports-themed atmosphere. The THE GREENE TURTLE has been in business for over 25 years but has just started their Franchise program. We are offering Franchise opportunities in the Maryland, Virginia, Delaware & Washington D.C. markets. We are committed to the quality of the food and service we deliver to our valued customers. We serve generous portions at very reasonable prices and feature a variety of appetizers, sandwiches, and entrees. Our signature item, the 1/2 pound CERTIFIED ANGUS BEEF burger; can be delivered to your table 15 different ways.
At the “TURTLE”, sports play a big role. Whether its’ local team sponsorships or catching all of your favorite televised action on our state-of-the-art video systems, you can be sure that THE GREENE TURTLE is the perfect gathering place. The franchisee will operate a restaurant and sports bar business which features a distinct bar area including a variety of games and other entertainment and state of the art video systems, a distinctive customer loyalty program (Our famous “Mug Club”), and we specialize in the sale of appetizers, sandwiches, salads, soups, entrees, raw bar items, beer, wine, liquor and other beverages. The THE GREENE TURTLE is a family friendly restaurant that makes it the perfect investment for the whole community. Join us now while the opportunity is available!

Initial franchise fee $35,000.00

Site Selection 90 days after signing a franchise agreement, refunded less $5,000.00 In consideration for Franchisor’s cost

Second Franchise Fee 2/3 of the then current initial franchise fee

Transfer Fee 30% of then current initial franchise fee

Lease Execution 60 days of site approval by Franchisor

Territory 35,000-50,000 population

Terms 10 years

Renewal Extension (2) additional 5 years each

Restaurant Opening 180 days from the Franchise Agreement

Royalty 4% of Gross Sales weekly

Advertising Fund Up to 1 1/2% Gross Sales weekly

Local Advertising Fund 2 1/2% Gross Sales weekly

Grand opening Advertising $10,000-$20,000.00 no later than 90 days after the restaurant opens

Initial investment $630,000.00 to $1,116,500.00

Space Requirement 6,000-8,000 sq. ft. indoor structure or fee-standing located in a suburban area

Registered States: Maryland and Virginia (March 2003)

Locations and entities Laurel Md.; Towson, Md.; West Ocean City, Md.; Salisbury, Md.; North Ocean City Md.; Fells Point Md.; Edgewater Md.

Competition Regional/ National chains: Bennigan’s Grill, Buffalo Wild Wings, Damon’s, Hooters, Pat O’Brien’s, Red Tobin, Ruby Tuesday, TGI Friday’s, etc.

Training Classroom-89 hours/ On the job Training-279 hours see attached

Area Development Rights Available. Call our office for details.

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only.

Currently, the following states regulate the offer and sale of franchises:

California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.

If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with the applicable pre-sale registration and disclosure requirements in your jurisdiction.