Steak n Shake vs Grandy's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Steak n Shake vs Grandy's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Steak n Shake Franchise
Grandy's Franchise
Investment $672,000 - $1,835,000$799,800 - $1,104,000
Franchise Fee $25,000 - $40,000$30,000
Royalty Fee 5.5%-
Advertising Fee --
Year Founded 19341973
Year Franchised 19451977
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Steak n Shake Franchise
Grandy's Franchise
Experience --

Financing Options
 
Steak n Shake Franchise
Grandy's Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Steak n Shake Franchise
Grandy's Franchise
Training --
Support � Unparalleled Operations Support - A Steak n Shake Manager of Field Operations will help you open your restaurant and will be available for consultation with day-to-day operations. To help ensure a smooth restaurant opening experience, Steak n Shake will provide your first training hours via seasoned Steak n Shake trainers/staff. You will also receive our Operating Standards System, Manager-in-Training and Management Development Programs. Through your Manager of Field Operations, you will have the multi-functional resources of the Steak n Shake Company working on your behalf.-
Marketing � World Class Marketing - The Steak n Shake marketing is directed toward building brand loyalty and is not price-driven or reliant on low price discounting. Steak n Shake's television and print marketing are product-benefit directed, showing why Steak n Shake is superior to fast food alternatives with a fun, irreverent, tongue-in-cheek humorous approach. Sample television spots are available on this website for your viewing pleasure. The Marketing System is user-friendly and designed for the success of Franchisees. -
Operations --

Expansion Plans
 
Steak n Shake Franchise
Grandy's Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

Company Overviews

About Steak n Shake

Benefits of Franchising The benefits of franchising with Steak n Shake can't be duplicated:
* Proven Concept - The Steak n Shake concept has withstood all types of economic circumstances and continually emerged stronger and stronger.
* Growing - Since 1996, Steak n Shake system-wide sales have grown from $268 million to $549 million. In the past decade, the chain has doubled in size.
* Huge, Untapped Development Potential - Steak n Shake currently operates over 490 restaurants in just 20 states. Looking ahead, we forecast that Steak n Shake has the potential to develop over 1,000 units nationwide.
* Unique Niche Positioning - There is no single offering that is a head-on alternative to our restaurant concept. Steak n Shake serves a distinct niche in the mid-scale, casual dining segment of the restaurant industry.
* Core Products that Generate a Strong Loyal Following - The core of the Steak n Shake menu includes STEAKBURGERS, thin and crispy French Fries, Chili, and Hand-dipped Milk Shakes.
* Product Development - Steak n Shake has a pipeline of new products that build on core products consumers love. Recent innovations have included new Side-by-Side Milkshakes and Sippable Sundaes.

Future innovations will include more milkshake innovation, burger news, and health conscious offerings. All of these benefits equal a great chance at success in the restaurant business. The only thing missing is you.

About Grandy's

Grandy's is now seeking outstanding franchise candidates in selected markets across the United States who share our passion for serving great food and want to grow with our respected brand.

Currently Grandy’s is sourcing new franchisees in markets that now have or have had open Grandy’s restaurants.

Grandy's franchise strategy includes a complete plan for managing and operating the establishment for a prospective franchisee. The plan provides step-by-step procedures for every aspect of the business and, anticipating most management problems, provides a complete matrix for management decisions confronted by the franchisees. The growth projections for year 2006 and beyond for franchisees are very optimistic. At Grandy's, franchisees are never alone, which is one of the strongest benefits that one could hope for in this tough business world. Franchisees have Grandy's support, as well as other franchisees, who have moved through parallel business experiences. As Grandy's has matured, our brand name and trademark has become more valuable. What this means to you, a future franchisee, is that the multiplication of sites creates a stronger market presence, which benefits all franchisees.

If you are interested, please forward your name, contact information and geographical area of interest for development to [email protected] and someone will contact you as soon as possible.

Thanks for your interest in Grandy's!