Great Steak vs abc Country Restaurants Franchise Comparison

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

Start-Up Costs and Fees
 
Great Steak Franchise
abc Country Restaurants Franchise
Investment $155,900 - $520,300$250,000 - $700,000
Franchise Fee $30,000$50,000
Royalty Fee 6%4%
Advertising Fee -2%
Year Founded 19831972
Year Franchised 19861983
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Great Steak Franchise
abc Country Restaurants Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Great Steak Franchise
    abc Country Restaurants Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Great Steak Franchise
    abc Country Restaurants Franchise
    Training K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more.-
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Ad slicks, National media, Regional advertising-
    Operations International franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Great Steak Franchise
    abc Country Restaurants Franchise
    US Expansion --
    Canada Expansion NoYes
    International Expansion Yes-

    Company Overviews

    About Great Steak

    The Great Steak has manufactured a notoriety for offering the chief cheesesteak encounter. The rich history of the American Philly cheesesteak has propelled the Great Steak brand to respect the cheesesteak's initial beginnings by serving quality, moderate dinners that taste incredible. In the meantime, Great Steak keeps on improving in the cheesesteak classification by offering visitors an assortment of menu alternatives that incorporate claim to fame sandwiches, heated potatoes and celebrated fries. While concentrating on assortment, quality, freshness and stellar client benefit, the Great Steak group additionally perceives the significance of giving excellent support to the establishment group. Support is given through every day operational direction, menu development, advertising apparatuses, lively advancements and store stylistic theme redesigns.
    The Great Steak brand is a present, pertinent idea that keeps on remaining consistent with the organization's center qualities, "meat and potatoes." It's this significance and the dedication to serving all-American solace nourishment that makes the Great Steak mark an engaging idea in urban communities the nation over. Kahala, the franchisor of Great Steak, has contrived an unmistakable arrangement and technique to opening and working your eatery. From work out, outline and development to fantastic opening celebrations and promoting strategies, Great Steak is overseen by a group of prepared, talented experts who will tutor and guide you along the way of owning your own particular Great Steak eatery.

    About abc Country Restaurants

     Your country, your restaurant, your franchise opportunity.

    abc Country Restaurants are designed to feel as comfortable as home and as authentic as the menu. We appeal to a variety of diners from the early morning crowd, to families in for Friday night dinner, and everyone in between. Diners at abc can expect genuine service and the taste of country in a relaxed atmosphere.

    Since 1972, abc has been building on the concept of family dining in BC and Alberta. abc Country is a federally incorporated franchise company that is privately owned and operated across British Columbia and Alberta with our head office located in Burnaby, BC.

    Acquiring an abc Country requires a few different costs. Obtaining the exclusive rights to an abc Country Restaurant Franchise is $50,000. There is an additional 4% royalty fee and 2% advertising fee based on monthly sales volumes.

    Starting up your own franchise will vary in cost depending on whether or not you are starting from scratch or building on a previously existing restaurant. The development of a new location varies, but it is usually upwards of $700,000. The cost to convert an existing restaurant starts around $200,000 depending on the equipment already in place. Whichever way you decide, becoming an owner of your neighbourhood’s new favourite restaurant is as simple as a.b.c.

    We are interested in any proposals and are always up for the task for a new location. After all, every neighbourhood deserves an abc Country Restaurant.