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.
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.