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Below is an in-depth analysis and side-by-side comparison of Great Steak vs White Spot Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $155,900 - $520,300 | $900,000 - And Up |
Franchise Fee | $30,000 | $75,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1983 | 1928 |
Year Franchised | 1986 | 1994 |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
The Right Spot for Investment. White Spot is a power brand. With over 75 years of legendary success, it has the highest customer awareness of any casual dining brand in B.C. with over 95% trial, serving over 250,000 people per week. And three day-parts means three distinct opportunities to build a guest relationship with the White Spot magic. If you are interested in exploring how the White Spot story fits your world, contact us and we will set up an appointment to give you a more detailed look