Steakhouse Franchise and Business Opportunities

Owning a Franchise in the Food Service Industry in your area

Do you have an ambitious attitude and have dreamed of opening a restaurant in your area? There are a lot of benefits to starting your own establishment in the restaurant industry. However, it can also be difficult. A franchise restaurant may be the ideal match where the food-service industry crosses over with business ownership, presenting a perfect chance to start a company for many would-be restaurateurs. As you consider going in on a new restaurant franchise in your area, there are a few things to consider.

What Does a Franchise Restaurant Owner Do?

Not all chain restaurants are franchises. The case could be that, even though a restaurant is instantly recognized, it can be corporate-owned and run by company employees. A franchise restaurant is awarded, and owners are franchisees who purchase the rights to open and operate their own business.

The franchisee pays a percentage to the head office as they operate under the brand. In exchange, the franchisor implements branding guidelines and takes care of advertising, menus, training, conferences, and troubleshooting for all its independently owned locations.

Available Restaurant Franchises

Restaurant franchises consist of fast food, quick service, fast-casual, counter walk-ups, sit-downs, etc. Some are meal specific like breakfast only, or just dessert, while other restaurant franchises are full-service. Prior to pursuing any franchise in the food industry, we can help you figure out what will succeed in your area and fill a hole in the local market.

We can assist you in narrowing down the competition and creating a profile of the local economy to help you in choosing the best brand. Knowing things like your region's average median household income, what other restaurants are open in your region and how they do business will help you decide what franchise restaurant to open. Market analysis could illustrate that the locals will be completely supportive.

We Help You Decide on What Kind of Restaurant to Open in your area

With some directed help from us, you can find a franchise restaurant to fit the bill in your area.

With 8 franchise systems, there are several great business opportunities that fit your investment range.
Sector Report
Sample research stats taken from our data in the Steakhouse sector
Initial Investment

What does it cost to get into the Steakhouse sector?

The average investment in the Steakhouse sector is $2,426,252. But, that doesn’t tell the whole story. There's a striking difference between the average and median.

Of all Steakhouse franchises, 4 have an investment lower than $1,826,053. The average initial investment is skewed because the most expensive franchise in this sector is $5,029,500.

When looking at franchise opportunities make sure you examine brands within your investment range. Search below for Steakhouse investments that fit your financial criteria. If you're not sure what you can afford, fill out our Franchise Affordability Calculator.

Initial Investment
$5,029,500 Highest
$619,200 Lowest
Figure 1: Initial Investment required for a franchise in the Steakhouse sector
Financial Transparency
Provides Item 19 Data
Figure 2: 13% of franchises in this sector have Item 19 in their FDD.
Discloses Expense Data
Figure 3: Of franchises with an Item 19, 0% disclose expense data

How much can I make in the Steakhouse sector?

How much money you can make from a Steakhouse franchise depends on several factors, including location and demand for your services.

One way to predict your profit potential is to evaluate the financial performance representations provided by a franchisor in Item 19 of their Franchise Disclosure Document. Franchisors are not required to disclose this information, some are more transparent than others.

In the Steakhouse sector, 13% disclose a financial performance representation. Of those, only 0% disclose some type of expense data on its franchisee operations.

Unlock our Steakhouse Sector Report to learn which franchises are profitable.

These statistics are a sample drawn from just two of seven grade sections we research and analyze. For a full sector report, contact us.
Want a more detailed analysis of the Steakhouse sector?
Finding the best franchise means comparing several brands to determine the ideal fit for you. Franchise Grade is dedicated to research and education, helping you make confident franchise investment decisions.
Review our stats, check out the featured franchises below, browse all the franchises within this sector, unlock the full Sector Report, or contact us — we have several franchise experts ready to help you understand and analyze the data (FREE).