Five Guys Burgers & Fries vs Great Steak Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Five Guys Burgers & Fries vs Great Steak including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Five Guys Burgers & Fries Franchise
Great Steak Franchise
Investment $306,200 - $716,250$155,900 - $520,300
Franchise Fee $50,000 - $125,000$30,000
Royalty Fee 6%6%
Advertising Fee 2%-
Year Founded 19861983
Year Franchised 20021986
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee -$5K


Business Experience Requirements

 
Five Guys Burgers & Fries Franchise
Great Steak Franchise
Experience
  • Industry experience
  • General business experience

  • Industry experience
  • General business experience

  • Financing Options

     
    Five Guys Burgers & Fries Franchise
    Great Steak Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Five Guys Burgers & Fries Franchise
    Great Steak Franchise
    Training -K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more.
    Support Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Regional advertisingAd slicks, National media, Regional advertising
    Operations - International franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)


    Expansion Plans

     
    Five Guys Burgers & Fries Franchise
    Great Steak Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Five Guys Burgers & Fries

    At Five Guys, we don't like to talk about ourselves very much. We would rather focus on making burgers. So if you're interested in franchising, we hope it's because you love our burgers, love that we have a simple menu, and want to serve great burgers in a clean and friendly environment with very little fuss. If you feel that way, then there isn't much more to say! With the simple focus on quality, service and cleanliness, Five Guys has opened over 300 restaurants in less than five years. If you're interested in being a part of the Five Guys family, then fill out our form to reach our Franchise Department. We will get back to you with an application and will let you know what areas of the country are open for development. Markets Available for Development We are pleased to announce that we are currently sold out in the United States and in Canada. Our franchisees are feverishly working on completing development of their territories. This means that there are some areas without Five Guys locations, but those territories have been sold and franchisees will be opening there soon.

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    About Great Steak

    The Great Steak has manufactured a notoriety for offering the chief cheesesteak encounter. The rich history of the American Philly cheesesteak has propelled the Great Steak brand to respect the cheesesteak's initial beginnings by serving quality, moderate dinners that taste incredible. In the meantime, Great Steak keeps on improving in the cheesesteak classification by offering visitors an assortment of menu alternatives that incorporate claim to fame sandwiches, heated potatoes and celebrated fries. While concentrating on assortment, quality, freshness and stellar client benefit, the Great Steak group additionally perceives the significance of giving excellent support to the establishment group. Support is given through every day operational direction, menu development, advertising apparatuses, lively advancements and store stylistic theme redesigns.
    The Great Steak brand is a present, pertinent idea that keeps on remaining consistent with the organization's center qualities, "meat and potatoes." It's this significance and the dedication to serving all-American solace nourishment that makes the Great Steak mark an engaging idea in urban communities the nation over. Kahala, the franchisor of Great Steak, has contrived an unmistakable arrangement and technique to opening and working your eatery. From work out, outline and development to fantastic opening celebrations and promoting strategies, Great Steak is overseen by a group of prepared, talented experts who will tutor and guide you along the way of owning your own particular Great Steak eatery.