Ground Round
| |
Casual dining restaurant | |
Industry | Restaurants |
Founded | October 25, 1969 |
Headquarters | Freeport, Maine, U.S. |
Website | www.groundround.com |
Ground Round Grill & Bar, an American casual dining restaurant, was founded in 1969 by Howard Johnson's.[1][2] As of January 17, 2010 Ground Round is owned by Independent Owners Cooperative, LLC, a group of 30 franchisee owners based in Freeport, Maine.[3]
During the 1970s and 1980s, Ground Round was well known for its children's parties, showing silent movies and cartoons on a big screen, a mascot named Bingo the Clown and for passing out whole peanuts where consumers were not discouraged from dropping the shells on the floor.[4] The newest incarnation of Ground Round markets to families and also to the adult dining and cocktails crowd with a Sports Bar and Lounge section.[5]
In February 2004 the franchisor for Ground Round filed for Chapter 11 bankruptcy. In the process, all 59 corporate-owned restaurants (almost half of the Ground Rounds then open) abruptly closed their doors.[6] A group of franchisees joined together in order to buy out the company, at the time Ground Round, Inc., and started the Ground Round Independent Owners Cooperative, LLC (GR IOC).[7]
References
- ↑ https://books.google.com/books?id=Vsu6AAAAIAAJ&q=%22howard+johnsons%22+%22ground+round%22&dq=%22howard+johnsons%22+%22ground+round%22&hl=en&sa=X&ei=giRjUb_NGNHV0gHayIFg&ved=0CDsQ6AEwAw
- ↑ "Welcome to New Jersey's last Ground Round". NJ.com. Retrieved 2017-09-29.
- ↑ (http://www.lform.com), Lform 2017 (2017-06-23). "MRM Franchise Feed: White Castle Weddings, Ground Round Growing and KFC in Space". Modern Restaurant Management. Retrieved 2017-09-29.
- ↑ "It's 1981 all over again: Ground Round is back". OnMilwaukee.com. Retrieved 2017-10-03.
- ↑ "Ground Round Grill & Bar plans new restaurant in Rutland | Vermont Business Magazine". www.vermontbiz.com. Retrieved 2017-10-03.
- ↑ The Ground Round Rebound, Fortune Small Business, February 1, 2005
- ↑ Daley, Jason (2012-05-29). "How Ground Round, Sizzler and Bennigan's Bounced Back from Bankruptcy". Entrepreneur. Retrieved 2017-10-03.