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Below is an in-depth analysis and side-by-side comparison of L and L Franchise vs Great Steak including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $133,700 - $535,000 | $155,900 - $520,300 |
Franchise Fee | $30,000 | $30,000 |
Royalty Fee | 3%-4% | 6% |
Advertising Fee | 1%-2% | - |
Year Founded | 1976 | 1983 |
Year Franchised | 1991 | 1986 |
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/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | On-The-Job Training: 168 hours Classroom Training: 24 hours | 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | 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 | Yes | - |
Canada Expansion | Yes | No |
International Expansion | Yes | Yes |
L&L Franchise, Inc., the parent company of L&L Drive-Inn and L&L Hawaiian Barbecue has expanded across Hawaii and mainland United States to include over 175 locations serving the best in Hawaiian Barbecue(SM) Hawaiian style cuisine. The company's approach in providing great food and Aloha spirit has been well received by many throughout the United States. The franchise continues to grow at a rate of one store per week.