Great Steak vs Symposium Cafe Franchise Comparison

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

Start-Up Costs and Fees
 
Great Steak Franchise
Symposium Cafe Franchise
Investment $155,900 - $520,300$625,000 - $675,000
Franchise Fee $30,000$40,000
Royalty Fee 6%4%
Advertising Fee -1%
Year Founded 19831996
Year Franchised 19862004
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Great Steak Franchise
Symposium Cafe Franchise
Experience
  • Industry experience
  • General business experience
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    Financing Options
     
    Great Steak Franchise
    Symposium Cafe 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
    Symposium Cafe 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.3 full months of training for up to three individuals at an existing Symposium Cafe location.
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesA transition tutor is assigned to directly assist you on a regular basis in your restaurant franchise for a period of 10 weeks. This tutor works closely with you through the opening stages of your cafe, the day-to-day operating systems and procedures to ensure a successful start-up of your restaurant. This program is designed to strengthen and build the Franchise operators commitment to our proven systems. Our unique 10 weeks in-store program is crucial to building your team, establishing a strong customer base, growing restaurant sales and operating a successful Symposium Cafe franchise. The field consulting team provides ongoing support and training through restaurant visits and coaching. They ensure all Symposium Cafe systems, specifications and standards are in place to drive consistent operations and profitable sales. Professional operations staff makes ongoing visits to your restaurant to hear any concerns you may have. They'll also conduct restaurant audits, which expose areas of concern within your operation. Our regional managers work with our Franchisees to develop action plans to correct and eliminate any problems uncovered.
    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)

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    Expansion Plans
     
    Great Steak Franchise
    Symposium Cafe 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 Symposium Cafe

    The Symposium Cafe Restaurant - a unique cafe and restaurant franchising opportunity, that is both challenging and rewarding and is redefining the cafe experience. Our competitive advantages stem from the foundation of our gourmet restaurant franchises through to the corporate infrastructure, operational systems and support, and our supplier partnerships. Our franchise system guides each of the franchisees through every facet of the restaurant operation. Upon becoming familiar with our system each franchisee will be able to train and develop each of their associates in all areas of the restaurant business. Our system revolves around the philosophy of "Continued Training" to guarantee our team meets and exceeds our dining patrons expectations. All positional training techniques are clearly outlined in our restaurant manuals with easy to implement instructions. Our restaurant cost management system, indexed in our operations manual, is designed to provide you with the necessary tools to completely analyze and understand your restaurant franchises business both from a sale and cost perspective. Informative and educational restaurant symposiums are held with the main focus and discussion revolving around driving and developing our restaurant and patio sales while controlling costs using our proven cafe systems. All of these elements make The Symposium Cafe franchise a successful, rewarding restaurant franchises opportunity.