Great Steak Franchise Review

Franchise Facts

How much does a Great Steak franchise cost?

Great Steak has a franchise fee of up to $30,000, with a total initial investment range of $129,200 to $511,050.

  • Initial Franchise Fee: $30,000
  • Total Investment: $129,200 to $511,050
  • Working Capital: $5,000 to $15,000
  • Royalty Fee: 6%

The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

How much does a Great Steak franchise make?

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.

How many franchise locations do they have?

As of the 2016 Franchise Disclosure Document, there are 48 franchised Great Steak locations in the USA.

Are there any Great Steak franchise opportunities near me?

Based on 2016 FDD data, Great Steak has franchise locations in 15 states. The largest region is the Midwest with 29 franchise locations.

AZ
CA
ID
IL
IN
KY
MI
MN
NC
NV
OH
SC
UT
VA
WI


This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.

Last Reviewed: 2016

Great Steak is graded based on our most recent research.

Great Steak Franchise Stats

Total Investment
$129,200 - $511,050
Franchise Fee
$30,000
Franchise Agreement
Initial Term
10 Years
Renewal Term
10 Years
Franchisee Outlet Growth
2010
130
2017
48
Ongoing Fees
Royalty
6.0%
Ad Fees
4.0%
# of Franchised Outlets
48

Additional Questions

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 80 hours. This includes 40 hours of classroom training and 40 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.

Online 0
On-the-Job 40
Classroom 40
Total 80

Do they offer Territory Rights?

Great Steak does NOT offer exclusive territories.

Do they provide Veteran or First Responder Discounts?

Yes, unlock to find out the amount of the discount.

When did they begin franchising?

They began franchising in 2010. The average Burgers franchise began franchising in 2009.

Do they offer financing support?

No, but you can click here to fill out our affordability calculator and understand your financing options.
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