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Below is an in-depth analysis and side-by-side comparison of Great Steak vs Boardwalk Fries 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 | $144,500 - $626,000 |
Franchise Fee | $30,000 | $30,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | - |
Year Founded | 1983 | 1980 |
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 | * Ongoing telephonic support and answers to your questions about operations, lease concerns, marketing, etc. * Participation in national promotions partnered with Coca Cola * Periodic updates and suggestions on operating procedures * Point-of-sale material to display and market your products * Coupons and flyers specific to your needs |
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 | - |
An Ocean Of TasteBoardwalk Fresh Burgers & Fries is seeking multi-unit development partners in territories throughout the United States.