Great Steak vs Checkers Drive-In Franchise Comparison

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

Start-Up Costs and Fees
	Great Steak Franchise	Checkers Drive-In Franchise
Investment	$155,900 - $520,300	$259,000 - $1,431,000
Franchise Fee	$30,000	$30,000
Royalty Fee	6%	4%
Advertising Fee	-	4.5%
Year Founded	1983	1986
Year Franchised	1986	1989
Term Of Agreement	10 years	20 years
Term Of Agreement	10 years	20 years
Renewal Fee	$5K	-
Business Experience Requirements
	Great Steak Franchise	Checkers Drive-In Franchise
Experience	Industry experience General business experience	Industry experience General business experience
Financing Options
	Great Steak Franchise	Checkers Drive-In Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/No	No/Yes
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
	Great Steak Franchise	Checkers Drive-In 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.	On-The-Job Training: 160-220 hours Classroom Training: 32-40 hours Additional Training: In training restaurant
Support	Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives	Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection
Marketing	Ad slicks, National media, Regional advertising	Co-op advertising, 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	Checkers Drive-In Franchise
US Expansion	-	Yes
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 Checkers Drive-In

Checkers Drive-In Restaurants, Inc. is the largest double drive-thru restaurant chain in the United States. Checkers develops, produces, owns, operates, and franchises quick service “double drive-thru” restaurants under the two brand names “Checkers" and “Rally’s Hamburgers". The restaurants are designed to provide fast and efficient automobile-oriented service and appeal to guests of all ages. The double drive-thru concept allows Checkers' and Rally’s Hamburgers to capitalize on the fact that approximately fifty percent of all quick-service food business is drive-thru. Guests can also enjoy a 1950’s flashback with walk-up ordering and outdoor dining in the outside picnic area at most locations.

The total investment necessary to begin operation of a Checkers Restaurant (excluding real estate and related costs) is: $780,000 to $1,431,000 for a new modular design single drive-thru restaurant; $320,500 to $787,000 for a site built, conversion or used modular drive-thru restaurant; $259,700 to $648,000 for an endcap strip-center and gas/convenience restaurant; and $254,000 to $514,000 for a Non-Traditional, Walmart or in-line restaurant in a high-density market. This includes $10,000 to $50,000 that must be paid to the franchisor or an affiliate, plus $10,000 for each additional restaurant that you agree to develop under a development agreement.