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Great Steak Franchise Review

Great Steak is graded based on our most recent research.

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 $155,900 to $513,300.

  • Initial Franchise Fee: $30,000
  • Total Investment: $155,900 to $513,300
  • Working Capital: $5,000 to $15,000
  • Royalty Fee: 6.0%

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 2020 Franchise Disclosure Document, there are 42 franchised Great Steak locations in the USA.

Are there any Great Steak franchise opportunities near me?

Based on 2020 FDD data, Great Steak has franchise locations in 15 states. The largest region is the Midwest with 24 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: 2020

Category: Burgers

Great Steak Franchise Stats

Total Investment
$155,900 - $513,300
Franchise Fee
$30,000
Franchise Agreement
Initial Term
10 Years
Renewal Term
5 Years
Franchisee Outlet Growth
2012
101
2019
42
Ongoing Fees
Royalty
6.0%
Ad Fees
4.0%
# of Franchised Outlets
42

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 territory protections.

Do they have computer and technology support in place?

Yes. Great Steak offers comprehensive support for franchisees. Unlock this franchise to find out more details.

When did they begin franchising?

They began franchising in 2010. The average Burgers franchise began franchising in 2008.

Do they offer financing support?

Yes, you can also click here to fill out our affordability calculator and understand your financing options.
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  • Do they operate any company or affiliate outlets?
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