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Updated RecentlyGreat Steak vs Valentine Restaurant Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Steak vs Valentine Restaurant including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $155,900 - $520,300 | $225,000 - $275,000 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | 2.5% |
| Year Founded | 1983 | 1979 |
| Year Franchised | 1986 | 1979 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $5K | - |
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/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| 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 Valentine Restaurant
The restaurant industry is known to be one of the most competitive fields to enter.
If you wish to enter the market in the restaurant field, you should hence partner with an organization that has already been proven to be successful. Valentine, with a solid reputation in the Quebec fast food industry since 1979, presents a judicious and profitable choice. Valentine has a recognized presence across Quebec, and has developed over the years, distinguished expertise and operational methods that have benefited the entire network.
Constantly innovating and in tune to the market trends, Valentine is a young and dynamic enterprise that is always on top of its game.
Why wait to join? Partner now with a winning organization and succeed in business!
At Valentine, our business model and the relationship of trust that
we’ve forged with our franchisees are the keys to our success. Over the
years Valentine has acquired a solid expertise and effective operational
procedures that benefit its entire franchise network throughout Quebec.