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Updated RecentlySteak n Shake vs Char-Hut Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steak n Shake vs Char-Hut 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 | $250,000 - $500,000 |
| Franchise Fee | $25,000 - $40,000 | $30,000 |
| Royalty Fee | 5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1934 | 1976 |
| Year Franchised | 1945 | 1976 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
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 | - | Our development program begins at Char-Hut headquarters in South Florida where we train you on everything you'll need to build a solid foundation in the specialty burger business using the proven-successful methods that have made Char-Hut prosper for over 30 years. Additionally, we give you extensive ongoing training in your own location and market on effective and precise operational procedures. Most importantly, our senior staff will personally stand by your side to assist you in implementing our proven methods for operations management, hiring procedures and regional business development through networking and direct interaction with community leadership and influential consumer groups in your area. We will teach you all the skills you need to build a strong regional and local presence for your business which translates to more business for your Char-Hut! |
| 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. | *Operations management and support *Senior staff onsite support *Direct business management *Corporate website management *SEO for your territory and location *Toll-free technical support *Networking with other system owners *Co-op marketing *Operations manuals *Technical data and forms *New prospect leads *Strategic vendor relationships |
| 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. | *Char-Hut has defined and developed a proven local, community-oriented marketing and business development systems. *Our web marketing and local advertising campaigns create loyal customers that produce high margin, repeat business. *Our brand, business model and community-oriented approach will help you develop your local market presence and community relationships that will support and build your business. |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | 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 Char-Hut
Char-Hut is a recognized regional innovator in the specialty burger industry throughout Southern Florida. Our reputation has been built on our service, amazing product quality, the customer experience and commitment to creating a truly memorable experience for every customer who visits a Char-Hut location. We do this by striving to provide the best customer service in the specialty burger industry and treating our customers like we would our own family members when they come to see us. Char-Hut has built the company based on focusing on the specialty burger market in addition to differentiating itself as a true, family-based burger restaurant using natural, genuine specialty burger meat and products that are chosen to offer only the best tastes, smells and experience for the customer.Char-Hut provides highly successful business opportunities for QSR high-end burger operations and food service entrepreneurs and business professionals who would like to start a business in this thriving industry. We are looking for motivated individuals interested in owning and operating a high volume, high margin specialty burger restaurant operation in their market. Once a Char-Hut franchise is located, our senior staff becomes 100% committed to that individual location and store's success. When you join the Char-Hut family, we consider our senior staff's accessibility and directly accountability to be good business for us simply because it is the only way we derive revenues, financial growth and overall success for the brand. We MUST make you successful as part of the Char-Hut family.Char-Hut products and specialty cooking process are in very high demand as more Specialty Burger Franchisepeople are choosing to spend the extra dollars on higher quality food products and want more from their burgers than ever before. According to US Foods, "Burger consumption up considerably since 2009, with nearly half of today's consumers saying they eat a burger at least once a week, compared with fewer than four out of 10 two years ago. This growth is seen across all restaurant segments. Out of all of the top entree categories, burgers were represented by the greatest number of new items. Quick-service value menus are certainly a big part of this increase in burger consumption. But the specialty burger craze has also driven growth despite - or perhaps even because of - the higher prices these burgers command. Quick-service chains have begun to respond to the growing demand for premium burgers." We provide customers with a comfortable and inviting environment along with menu items and product lines to create the perfect specialty burger experience. Our franchisees will be successful due to our proven operational methods and effective marketing models. Through superior training, technical guidance and in-territory support, we will help you in building your own Char-Hut business.