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Updated RecentlySteak n Shake vs The Burger Joint Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steak n Shake vs The Burger Joint 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 | $195,800 - $589,800 |
| Franchise Fee | $25,000 - $40,000 | $40,000 |
| Royalty Fee | 5.5% | 5.5% |
| Advertising Fee | - | 1%Nat'l + 1%Local |
| Year Founded | 1934 | - |
| Year Franchised | 1945 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Restaurant experience is preferred, but we will consider prospects who posses strong leadership and management skills and have a history of successfully operating in a service oriented business. |
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 | - | You (and any key operations management) will be required to attend and successfully complete our Initial Training program. The Initial Training program may last up to seventeen (17) days, and must be completed prior to your opening each Restaurant. A BGR representative will be on site just prior to your opening, and immediately following your opening, to help support you during this important phase. |
| 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. | BGR trademark and logo specifications, which are continually modified and expanded based on the impact of each specific marketing and promotional campaign we implement in our local markets. |
| Operations | - | BGR has developed a POS for the operation of the Restaurants and management reporting purposes. The BGR POS interfaces with ADP for time clock purposes and payroll processing. Provided your accounting software can empower you to efficiently and effectively produce financial statements (which will be per our Chart of Accounts), BGR will accept most brand name accounting software systems. |
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 The Burger Joint
The Ultimate Burger Experience Meets The Ultimate Fast Casual OpportunityBGR The Burger Joint is a critically acclaimed restaurant that serves award-winning food... We are passionate about good food and good times, and equally passionate about helping our franchise owners reach their personal and professional goals. Our franchise opportunity can provide you with a quality restaurant business lifestyle as part of our growing system. Are you driven, passionate, and motivated? Do you have strong business management and customer service skills? If you think BGR The Burger Joint is a good fit for you, as you look to take your career - and your life - to the next level, then we’d love to talk to you. For experienced entrepreneurs that qualify, we offer single and multiple unit franchise packages. Take the next step! For more information on the BGR The Burger Joint franchise program contact us at 888-830-0801