Great Steak vs Bombshells Restaurant Franchise Comparison

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

Start-Up Costs and Fees
 
Great Steak Franchise
Bombshells Restaurant Franchise
Investment $155,900 - $520,300$1,731,000 - $3,086,000
Franchise Fee $30,000$50,000
Royalty Fee 6%5.5%
Advertising Fee --
Year Founded 19832015
Year Franchised 19862015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Great Steak Franchise
Bombshells Restaurant Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Great Steak Franchise
    Bombshells Restaurant 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
    Bombshells Restaurant 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
    Bombshells Restaurant Franchise
    US Expansion -Yes
    Canada Expansion No-
    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 Bombshells Restaurant

    "Bombshells
    The first Bombshells opened in March of 2013 in Dallas, quickly becoming one of the most popular restaurant destinations in the area. There are now stores in Dallas, Austin, and Houston. Our concept has exceptional Average Unit Volumes with a strong lunch, happy hour, dinner, and after dinner entertainment with strong bar business.

    The total investment necessary to begin operation of a single Bombshells Restaurant ranges from $1,731,000 to $2,916,000 for Restaurants established in connection with converting existing space and $2,231,000 to $3,086,000 for Restaurants that are established by new development and construction. This amount includes approximately $90,500 to $106,500 that must be paid to the franchisor or their affiliates, depending upon whether the franchisor requires you to pay the architect training fee and the audio/visual plan review fee. If you sign a Development Agreement, you will also pay a development fee equal to the total of 100% of the initial franchise fee for the first Restaurant to be developed plus 50% of the initial franchise fee for each additional Restaurant to be developed. The pro rata portion of the development fee allocable to each Restaurant will be credited against the initial franchise fee due for that Restaurant.