Frequently Asked Questions
What will I receive as a part of The Greene Turtle franchise system?
You will receive site selection, and restaurant design assistance, initial management and customer service training, access to The Greene Turtle proprietary operational programs and advertising materials and periodic assistance and training in operations, management and marketing.
How much does a franchise cost?
The total estimated initial investment ranges from $1.1M to $1.8M depending on the required rent and property improvements and the actual cost of the liquor license, the insurance, signage, equipment, initial inventory and the amount of the working capital required. This estimate includes the initial franchise fee of $45,000 plus the cost of Grand Opening advertising.
Is financing available?
The Greene Turtle does not offer direct or indirect financing or guarantee loans, notes or obligations. We will, however, attempt to negotiate favorable payment terms with suppliers in the system.The Greene Turtle is a member of the SBA Registry.
How much is the "royalty" fee?
This franchise fee is 4% of your gross weekly revenue. It entitles you to continued use of The Greene Turtle trademarks, as well as the continuing operational and marketing assistance we provide to all franchisees.
What about advertising and promotion?
Advertising and promotion to attract customers and build loyalty to your restaurant is essential. We require an investment in Grand Opening advertising between $5,000 and $10,000; and to ensure adequate continuing promotion, you must spend at least 2% of your gross sales on local advertising. And each franchisee is required to contribute 1 1/2% of weekly gross sales to help support a system-wide marketing program.
What training will I receive?
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 seven weeks of training by our staff. During the opening, we will provide a minimum of twelve 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.
How long is the term of the franchise agreement?
The initial term of The Greene Turtle franchise is 10 years. The right to operate the restaurant can be renewed for two additional 5 year terms.
How do I get started?
First, fill out the Confidential “Request for Consideration” and submit it to us. After we review the request, we will contact you via phone and email. If you have any questions, call us at 443-661-4298 or 1-855-TGT-INFO. Or send an email to email@example.com