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Below is an in-depth analysis and side-by-side comparison of Great Steak vs Corn D' Queen 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 | $1,300 |
Franchise Fee | $30,000 | $1,140 |
Royalty Fee | 6% | 0 |
Advertising Fee | - | 0 |
Year Founded | 1983 | - |
Year Franchised | 1986 | - |
Term Of Agreement | 10 years | 3 years |
Term Of Agreement | 10 years | 3 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 | - |
E-Concept Business Consultancy, Inc. would like to extend our warmest welcome to you, our dear visitor! We here at E-Concept value 'People' and 'Service' as our most valuable asset. With a mix of western and eastern culture we come up with innovative solutions to cater for the ever changing Asian market. We provide franchise development and selling service for interested entrepreneur. Geared towards versatile and effective operation for positive profit potential. Also we have Marketing and Management Consultancy services for small and medium scale business who in turn need a good efficient system to integrate with their current operations. Franchise Package includes *Use of Name *Transfer Of Technology *Business System *Marketing Support *Pre Opening Assistance *Grand Opening *Post Opening *Recruitment and training of Crew *Orientation of Franchisee *Site Assistance *Permit Assistance *Free delivery of stocks within Metro Manila Item Setup * OUTDOOR CART FREE! * Operating Equipment & Utensils: * (1) Corn Steamer * (1) Medium Size Rice Cooker * Complete Set of Kitchen & Operating Utensils * Weighing scale *(1)Set of uniform * NOTE: (1)Chest type freezer just add Php 5,000 * Initial inventory worth Php 2,000