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Updated RecentlySteak n Shake vs Cheese Curds Gourmet Burgers + Poutinerie Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steak n Shake vs Cheese Curds Gourmet Burgers + Poutinerie 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 | $475,000 - $650,000 |
| Franchise Fee | $25,000 - $40,000 | $35,000 |
| Royalty Fee | 5.5% | 5% |
| Advertising Fee | - | 1% Nat'l + 1% local |
| Year Founded | 1934 | 2012 |
| Year Franchised | 1945 | 2015 |
| Term Of Agreement | - | 10 years +10 |
| Term Of Agreement | - | 10 years +10 |
| 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 | - | Both classroom and hands-on training in our kitchen. Last minute training and grand opening support. We will stay with you until we are both comfortable that the restaurant is running smoothly. |
| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | No | Yes |
| 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 Cheese Curds Gourmet Burgers + Poutinerie
We opened our first Cheese Curds location in the Woodside area of Dartmouth, Nova Scotia in February 2012 and we were the Halifax Regional Municipality's very first gourmet burger restaurant. Several other gourmet burger concepts soon followed, some have even since closed their doors, but we continued to succeed despite increased competition and opened a second location in Dartmouth in May 2013. We have been asked over and over when we are going to franchise our awesome burger concept and the answer is...very soon! We have been working hard gearing up for this over the last little while and we are happy to say we will be ready to bring on franchisees for the Atlantic Canada region in 2015.Cheese Curds provides a unique franchise proposition, not only in the quality and reputation of the brand to the consumer but also in the proven operating method offered to franchisees based on the years of experience of our founder.Cheese Curds believes competition is healthy and can only be positive for the customer. We differentiate ourselves by providing chef inspired menu items using only the freshest ingredients, with an unwavering focus on flavour and we prepare everything to order in an open kitchen concept in front of the customer. Our orders take a little longer to fill as a result but we stand behind our mantra that "it is worth the wait". Our high repeat customer experience tells us we are right. Contact us if you are interested in becoming part of this great Canadian success story