Great Steak is graded based on our most recent FDD research!
Great Steak has a franchise fee of up to $30,000, with a total upfront investment range from $155,900 to $513,300.
The initial purchase price of any franchise includes several fees. Check out this investment opportunity to better understand the specific costs required to buy a Great Steak, such as territory fees, construction and costs, grand opening advertising, and furniture and fixtures purchases. It should be noted that, franchise companies must to disclose all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay. Another important consideration to review is whether the initial fees are refundable or not. The franchise system must disclose what conditions any of the initial fees are refundable. A franchise must also disclose a range of fees if its upfront fees are not uniform within the franchise. A thorough review of the Item 5 upfront fees will give you the answers needed to make a decision to purchase this franchise.
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As with any new franchised business, the franchisee's income and the revenue from a Great Steak franchise opportunity depends on a variety of factors. One way to check on the potential revenues or profits generated from a Great Steak franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. Usually, earnings and owner's income are correspond to the size of the investment and number of locations you buy. Demand for your products, the labor costs, commercial lease rates and a number of other variables also play a large role in your earnings and your personal income
For more details and franchise specific on the revenue of a Great Steak franchise, unlock this franchise
As of the 2020 Franchise Disclosure Document, there are 0 franchised Great Steak locations across the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2020 FDD analysis, Great Steak has franchised locations in 15 states.
Based on the data collected this franchise opportunity is growing into new cities and might be available in your city.
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Last Reviewed: 2020
Yes, they have an initial training program of 80 hours. This includes 40 hours of classroom training, 40 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
Great Steak does NOT offer territory protections. For an explanation of territory rights, unlock this franchise for important details.
Yes, Great Steak offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 2010. The average Burgers franchise began franchising in 1994.
Yes. They offer certain financing options within Item 10 of their FDD.