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Below is an in-depth analysis and side-by-side comparison of Steak n Shake vs Burgerim including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $672,000 - $1,835,000 | $150,000 - $400,000 |
Franchise Fee | $25,000 - $40,000 | N/A |
Royalty Fee | 5.5% | - |
Advertising Fee | - | - |
Year Founded | 1934 | - |
Year Franchised | 1945 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | No experience is needed because full training is provided across all aspects of the business. More than that, we assist you in finding a prime location that suits you, our company architect and project managers will help you renovate and set up your location. |
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/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | We offer a full training program in your location for 30 days. Our training team will come to your location and all their expenses will be covered by us. This training covers up to 12 employees. |
Support | � Unparalleled Operations Support - A Steak n Shake Manager of Field Operations will help you open your restaurant and will be available for consultation with day-to-day operations. To help ensure a smooth restaurant opening experience, Steak n Shake will provide your first training hours via seasoned Steak n Shake trainers/staff. You will also receive our Operating Standards System, Manager-in-Training and Management Development Programs. Through your Manager of Field Operations, you will have the multi-functional resources of the Steak n Shake Company working on your behalf. | - |
Marketing | � World Class Marketing - The Steak n Shake marketing is directed toward building brand loyalty and is not price-driven or reliant on low price discounting. Steak n Shake's television and print marketing are product-benefit directed, showing why Steak n Shake is superior to fast food alternatives with a fun, irreverent, tongue-in-cheek humorous approach. Sample television spots are available on this website for your viewing pleasure. The Marketing System is user-friendly and designed for the success of Franchisees. | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Benefits of Franchising
The benefits of franchising with Steak n Shake can't be duplicated:
* Proven Concept - The Steak n Shake concept has withstood all types of economic circumstances and continually emerged stronger and stronger.
* Growing - Since 1996, Steak n Shake system-wide sales have grown from $268 million to $549 million. In the past decade, the chain has doubled in size.
* Huge, Untapped Development Potential - Steak n Shake currently operates over 490 restaurants in just 20 states. Looking ahead, we forecast that Steak n Shake has the potential to develop over 1,000 units nationwide.
* Unique Niche Positioning - There is no single offering that is a head-on alternative to our restaurant concept. Steak n Shake serves a distinct niche in the mid-scale, casual dining segment of the restaurant industry.
* Core Products that Generate a Strong Loyal Following - The core of the Steak n Shake menu includes STEAKBURGERS, thin and crispy French Fries, Chili, and Hand-dipped Milk Shakes.
* Product Development - Steak n Shake has a pipeline of new products that build on core products consumers love. Recent innovations have included new Side-by-Side Milkshakes and Sippable Sundaes.
Future innovations will include more milkshake innovation, burger news, and health conscious offerings.
All of these benefits equal a great chance at success in the restaurant business. The only thing missing is you.
Would you like to wind up distinctly a fruitful entrepreneur? To construct something you can be pleased with? With Burgerim, that objective is 100% feasible. We make it simple for you to fire up an area of our effective quick easygoing burger eateries. As a franchisee, we treat you like a business accomplice, giving reliable support through the assemble and continuous administration of your area.
The Burgerim establishment has numerous extremely special front line progression to our idea that make it one of the most sizzling most innovative new establishments developing in the America now and right now over the whole globe. We have effectively settled ourselves in more than 16 nations over the world with more than 200 areas. The way that brand is hitting America and now is the ideal chance to get included in light of the fact that the establishment charges are greatly low now with an aggregate venture at a half or less of our rivals add up to speculations to begin.
$15,000 discount off our initial franchise fee to honorably discharged U.S. Veterans