Great Steak vs Palapas Restaurants Franchise Comparison

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

Start-Up Costs and Fees

 
Great Steak Franchise
Palapas Restaurants Franchise
Investment $155,900 - $520,300$750,000 - $2,000,000
Franchise Fee $30,000$30,000
Royalty Fee 6%5%
Advertising Fee --
Year Founded 1983-
Year Franchised 1986-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements

 
Great Steak Franchise
Palapas Restaurants Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Great Steak Franchise
    Palapas Restaurants Franchise
      In-House/3rd PartyIn-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

     
    Great Steak Franchise
    Palapas Restaurants 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.-
    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

     
    Great Steak Franchise
    Palapas Restaurants Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion 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 Palapas Restaurants

    Palapas Restaurant y Cantina is perched atop the Seascape Village and has been an institution in Aptos since opening its doors in 1990. Owners Mark and Kay Holcomb designed the space and menu with the goal of bringing home their beloved experiences vacationing on the coast of Mexico with their family throughout the 80s and 90s. Today we aim to capture that nostalgic vacation feeling while highlighting the natural beauty and bounty native to our own locale. This value is present in our locally sourced, fresh seafood, our commitment to local small purveyors, and even our design, which is built to offer an ocean view of the sparkling Monterey Bay from every single table.
    Palapas brings the ambiance of tropical Mexico to the Monterey Bay area in a very unique way. In addition to featuring authentic traditional dishes of Mexico, our menu offers the fish, shellfish and sauces of the coasts of both Mexico and California. All of our dishes are prepared "A La Cocina Fresca”- "in the fresh kitchen method” a Spanish phrase that means exactly what it implies… freshly made sauces, handmade corn tortillas and fresh local seafood and produce prepared daily. In addition to creating a menu with many exiting choices, we’re committed to offering our customers healthy dishes with absolutely no use of any lard or animal fat in their preparation. We use rice-bran oil specifically for frying. Contains no trans fat!