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Updated RecentlySteak n Shake vs Drifter's Hamburgers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steak n Shake vs Drifter's Hamburgers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $672,000 - $1,835,000 | $113,500 - $501,000 |
| Franchise Fee | $25,000 - $40,000 | $25,000 |
| Royalty Fee | 5.5% | 5% |
| Advertising Fee | - | 2% local |
| Year Founded | 1934 | 2008 |
| Year Franchised | 1945 | 2011 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | We are seeking: � Honest, straight forward people with a desire to develop the Drifter�s Hamburgers brand. � People with the desire to succeed. � Individuals and partnerships with adequate funds. � Operating, real estate or trade experience in development territory |
Financing Options |
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| 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 |
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| 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. | Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Store Opening Support Operations Support Purchasing and Distribution |
| 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 |
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| 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 Drifter's Hamburgers
"Rescuing the reputation of the fast food hamburger" It's true; the best burger is now available at the drive-thru window. Drifter's Hamburgers serves "California Style" hamburgers featuring humanely raised beef without added hormones, steroids or antibiotics. Our buns are made without preservatives, without GMOs, without pesticides and are certified "clean label". Drifter's Hamburgers features a clean California beach look. We wear t-shirts, we wear shorts and we will set ourselves right next door to any burger restaurant in America because we know that the bottom line is all about the burger. We will put our hamburger up against any other burger in the nation. Drifter's Hamburgers strives to deliver the absolute best in both food quality and service. Drifter's Hamburgers franchisees will be proven leaders in the industry who understand that jumping on the current trend of paying a fortune for an end-cap build out then serving an over-priced, poor quality hamburger labeled as a "better burger" to seemingly justify its high price is a trend that will not last through the length of their franchise agreement. Drifter's Hamburgers franchisees realize that the current trend of eating healthier is a trend that is going to last.Drifter's Hamburgers is new to the franchise scene and is committed to choosing only the best people to be Drifter's Hamburgers franchisees. The Drifter's Hamburgers corporate team is dedicated to ensuring its franchisees' success. The Drifter's corporate team has over fifty years of experience. This team specializes in helping its franchisees during pre-opening and grand opening and also provides on-going support. Drifter's Hamburgers is seeking single and multi-unit development partners throughout the United States.