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Below is an in-depth analysis and side-by-side comparison of Great Steak vs The Cheesecake Cafe 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 | N/A |
Franchise Fee | $30,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1983 | - |
Year Franchised | 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/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 | - |
International Expansion | Yes | - |
As one of Canada's most successful restaurant concepts, limited number of opportunities are now being offered to qualified individuals to become franchisers.The Cheesecake Cafe is a leader in the casual restaurant business. Lunch, brunch, dinner, drinks . . . the cafe meets the expectations of our guests and in return we are rewarded with exceptionally high sales volumes (one of the highest in the country!) Our success can be your success! Your future may be located in one of the markets we have targeted in Canada. Perhaps you presently own, or know of an existing restaurant that could be converted to a The Cheesecake Cafe. As a new franchisee, you will receive training at one of our cafes to teach you The Cheesecake Cafe system. If you already have restaurant management experience, you will appreciate the management system we employ to ensure success.