|
Below is an in-depth analysis and side-by-side comparison of Steak n Shake vs Dino's Gyros 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 | $482,000 - $613,000 |
Franchise Fee | $25,000 - $40,000 | $30,000 |
Royalty Fee | 5.5% | 4% |
Advertising Fee | - | 2% |
Year Founded | 1934 | - |
Year Franchised | 1945 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | Owner and Operator � Dino's Restaurant looks for individuals who are willing to commit their full time best efforts toward operating a Dino�s Restaurant. We are interested in people with a proven record of success, whether in your own business or working for a corporation. Supervisory, managerial, and food service experience is desirable. The most important assets are organizational skills, people skills, work ethic, enthusiasm, dedication, integrity and adherence to the standards of Dino's Restaurants. |
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 | - | Before the opening of your business we will provide you with a hands-on training course for your management team. A Training & Operations Consultant will be available to help you coordinate staff training both before and after opening. You will be given a series of operations manuals covering everything you need to know. |
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. | Franchisees enjoy the ongoing support of Dino's operations and marketing experts, who will help you maintain the quality control that is so crucial to customer � and owner � satisfaction. |
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. | Beginning with your Grand Opening, you will receive assistance planning your advertising and marketing. |
Operations | - | - |
Expansion Plans |
||
US Expansion | 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.
Dino's Gyros have over 25 years of experience and offer a well known and recognized brand name. Dino's Gyros is known for their great tasting gyros and Greek food. On top of their fabulous tasting gyros, they are involved in their communities through events and promotions. The restaurant currently operates in the area around Minneapolis and within the state. The restaurant prepares authentic Greek meals which offer customers a meal reflecting the taste styles of the Greek with American additions to their menus.