|
Below is an in-depth analysis and side-by-side comparison of Steak n Shake vs America's Dog & Burger including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $672,000 - $1,835,000 | $298,800 - $694,050 |
Franchise Fee | $25,000 - $40,000 | $30,000 |
Royalty Fee | 5.5% | - |
Advertising Fee | - | - |
Year Founded | 1934 | 0 |
Year Franchised | 1945 | 0 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | You and/or one of your partners have a proven record as a restaurant operator. You meet the minimum financial requirements: $175 Liquid for the first location and $350K Net Worth. America's Dog & Burger is seeking multi-unit operators. The total number of locations to be developed will be determined through the discussions with the ADB team and your goals. Typically the development agreements will be 3-10 locations. You and your team are ready to work hard, learn, & love life. You have local market knowledge. Restaurant background required by at least one operating partner and multi-unit experience preferred. Ability to develop, lead and inspire a management team. Have strong entrepreneurial skills. Active in your local community. Have experience in retail sales. Have passion for the America's Dog & Burger brand. If you don't have the passion, it's just not right for you. |
Financing Options |
||
In-House/3rd Party | In-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 |
||
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 |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
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.
3 generations of family owned and operating restaurants around town.
America's Dog & Burger has become a dream come true serving a
consistent product made from higher quality ingredients in a clean and
fresh space that celebrates America's passion (and my family's) of the
Great America Road Trip!
We're not complicated. Our systems and training allow you to bring a
brand to your neighborhood that's laser-like focused keeping everything
uncomplicated to focus on execution from the menu to management.