Nothing But Noodles vs Great Steak Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Nothing But Noodles vs Great Steak including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Nothing But Noodles Franchise
Great Steak Franchise
Investment $408,500 - $555,300$155,900 - $520,300
Franchise Fee $25,000$30,000
Royalty Fee 6%6%
Advertising Fee --
Year Founded 20011983
Year Franchised 20021986
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -$5K


Business Experience Requirements

 
Nothing But Noodles Franchise
Great Steak Franchise
Experience The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system.
  • Industry experience
  • General business experience

  • Financing Options

     
    Nothing But Noodles Franchise
    Great Steak Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Nothing But Noodles Franchise
    Great Steak 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

     
    Nothing But Noodles Franchise
    Great Steak Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Nothing But Noodles

    Over the years, as franchisees, the partners of Nothing But Noodles have invested in several different concepts and have had both positive and negative experiences. They have had many successes and, on occasion, disappointments. They have had great support from the franchisor and in some circumstances no support at all. The partners have experienced every situation possible as franchisees, ranging from nitpicked, pressured and mislead to respected, praised and awarded. Needless to say, they know the intricacies of franchising, mistakes to avoid, what works and what doesn’t. They know what your concerns are and have built a company that places your needs first. The partners know that their success is achieved through your success and are confident that Nothing But Noodles is a quality concept that you will be proud to be a part of.

    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.