Krieger's vs The Greene Turtle Sports Bar & Grille Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Krieger's vs The Greene Turtle Sports Bar & Grille including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Krieger's Franchise
The Greene Turtle Sports Bar & Grille Franchise
Investment $450,000$1,455,000 - $2,702,500
Franchise Fee $30,000$45,000
Royalty Fee 5%4%
Advertising Fee -1.5%
Year Founded 19911975
Year Franchised 20022003
Term Of Agreement 15 years10 years +5+5
Term Of Agreement 15 years10 years +5+5
Renewal Fee --


Business Experience Requirements

 
Krieger's Franchise
The Greene Turtle Sports Bar & Grille Franchise
Experience
  • General business experience
  • Management expertise
  • -

    Financing Options

     
    Krieger's Franchise
    The Greene Turtle Sports Bar & Grille Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    Krieger's Franchise
    The Greene Turtle Sports Bar & Grille Franchise
    Training -Prior to opening the restaurant, the franchisee operating partner, one full-time general manager, an assistant manager and a kitchen manager will receive a total of approximately eight weeks of training by our staff. During the opening, we will provide a minimum of ten days on-site assistance. After that, your key operating staff will be required to attend refresher courses, seminars and other training programs from time to time. On-The-Job Training: 288 hours Classroom Training: 64 hours
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 85% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Krieger's Franchise
    The Greene Turtle Sports Bar & Grille Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Krieger's

    About The Greene Turtle Sports Bar & Grille

    Equal parts sports bar and casual restaurant, The Greene Turtle combines the best of both into a different kind of neighborhood gathering place, where friends and family can gather to grab a bite, watch the game, or just enjoy a beer together in a lively atmosphere. When you become a The Greene Turtle Franchise Owner: You actually operate three separate but integrated potential revenue centers:
    The Greene Turtle casual dining restaurant
    The Greene Turtle sports bar
    The Greene Turtle events and parties. 
    The Greene Turtle franchise owners receive numerous support services, including:
    Proprietary Programs and Systems Startup Assistance
    - Design & Construction
    - Staffing
    - Business Planning
    - Comprehensive Training
    - Ongoing Operational Support
    - Ongoing Promotional Support  
    - Ongoing Program Enhancements
    - Ongoing System Development (R&D)
    Our franchise program provides the tools, the training and the support you need to open and operate 
    a unique and lively The Greene Turtle Sports Bar & Grille in your market.
    We believe in being a community hangout for all ages, that serves great food and drinks in a fun, casual atmosphere built on the excitement and unity of sports. The Greene Turtle has been a local hangout since 1976 when we opened our first location in Ocean City, Maryland