Great Steak vs Big Boy Restaurants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Steak vs Big Boy Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$155,900 - $520,300 | $861,800 - $3,568,000 |
Franchise Fee |
$30,000 | $40,000 |
Royalty Fee |
6% | 4% |
Advertising Fee |
- | 1% local +2% Nat'l |
Year Founded |
1983 | 1936 |
Year Franchised |
1986 | 1952 |
Term Of Agreement |
10 years | 20 years |
Term Of Agreement |
10 years | 20 years |
Renewal Fee |
$5K | - |
Business Experience Requirements |
Experience |
Industry experience General business experience | Industry & general business experience preferred |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/No |
Start-up Costs |
No/No | No/Yes |
Equipment |
No/Yes | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/Yes |
Payroll |
No/No | No/Yes |
Training & Support |
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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing |
Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, 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) |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | No |
International Expansion |
Yes | 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 Big Boy Restaurants
The Big Boy itself began with Bob Wian in Glendale, California. Bob sold his car for $350.00 and opened a small restaurant called Bob's Pantry. He set into operation a policy that persists today throughout all Big Boy restaurants ... the finest quality food and the best service.
Members of an orchestra playing in the vicinity stopped in the restaurant and asked Bob Wian if he could dream up something different than just a plain hamburger. "Why not," Wian mused.
As if his hands were guided by an unseen force, he cut a regulation hamburger bun into three slices, and inserted not one but two hamburger patties into place. It was then garnished with a special and very delectable relish he had prepared. Wian handed the innovation to the players and anxiously awaited the decision.
"Wow," they chorused. "This is it!" and it was. Other customers saw him preparing it and asked for one. They agreed with the musicians. Wian had made a better hamburger.
One day a chubby youngster walked into Wian's now flourishing restaurant. "He was about six," Bob recalled, - and rolls of fat protruded where his shirt and pants were designed to meet. I was so amused by the youngster -- jolly, healthy looking and obviously a lover of good things to eat, I called him Big Boy.. - So why not name the new hamburger Big Boy? Wian did. That was the birth of the first double-decker hamburger.
At Big Boy, we thank all of those who served our country. For your service and dedication, Big Boy Franchise Management has created an incentive program for veterans of the United States Armed Forces. For qualified veterans, Big Boy has greatly reduced the initial Franchise Fee for your first Franchise Agreement.
Initial Franchise Fee - $40,000
Military Incentive Program Initial Franchise Fee - $20,000
Being a Big Boy franchisee means you'll be part of one of America's most iconic brands. It also means you'll be backed by an exceptional team that will support your franchise and help it become successful. Learn more about owning your own Big Boy franchise by taking a look at our Virtual Brochure. There you can see what it could be like being your own burger boss.
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