Steak n Shake vs PINCHO Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Steak n Shake vs PINCHO including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Steak n Shake Franchise
PINCHO Franchise
Investment $672,000 - $1,835,000$463,055 - And Up
Franchise Fee $25,000 - $40,000$30,000
Royalty Fee 5.5%5%
Advertising Fee -2%
Year Founded 19342014
Year Franchised 19452014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Steak n Shake Franchise
PINCHO Franchise
Experience --

Financing Options
 
Steak n Shake Franchise
PINCHO Franchise
  In-House/3rd PartyIn-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
 
Steak n Shake Franchise
PINCHO Franchise
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.-
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
 
Steak n Shake Franchise
PINCHO Franchise
US Expansion YesYes
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 PINCHO

"Pincho
Pincho is an elevated fast-casual Latin grill concept. We’re a concept that was born from a passion for food and is ready to grow to the next level. We’re a modern-day burger and kebab joint, and we haven’t seen any other new franchise opportunity out there doing things quite like us.
“There’s nobody else like us in the U.S.,” says CEO and Co-Founder Otto Othman. “I’m not sure there’s anybody else like us anywhere that is serving up these kinds of meals influenced by iconic Latin street food and Latin American dishes. You wrap all that up into a concept that has fantastic economics, and you have something truly unique.”

The total investment necessary to begin operation of a Pincho franchise under a franchise agreement is $463,055 - $655,500. This includes $30,000 that must be paid to the Franchisor or affiliate.
The total investment necessary to begin operation of a Pincho franchise for the first restaurant if you sign an Area Development Agreement, which requires a minimum development of 3 Pincho Restaurants, is $523,055 - $715,500. This includes $90,000 that must be paid to the Franchisor or affiliate. If you and the franchisor agree to the development of more than 3 Pincho Restaurants, then your initial total investment for the first restaurant will increase by the number of additional Restaurants to be opened under the Area Development Agreement, multiplied by $30,000.