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Updated RecentlyGreat Steak vs Maid-Rite Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Steak vs Maid-Rite 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 | $99,375 - $141,500 |
| Franchise Fee | $30,000 | $60,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 1983 | 1926 |
| Year Franchised | 1986 | 1926 |
| 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) | 12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 14
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | Yes |
| 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 Maid-Rite
Why Maid-Rite Makes
Excellent Business Sense.
We invite you to take part in the American dream of owning and operating your own business to achieve your personal goals for success. Our proven track record, of serving our customers for over 82 years, speaks for itself.
The personal satisfaction of owning your own business is just a few clicks away. See why Maid-Rite makes excellent business sense. Find out how easy it is to operate a Maid-Rite with our extensive franchisee training program and our A to Z Operating Manual. With Maid-Rite, you could be owning and operating, your own franchise within 60 to 150 days after completing your franchise application. The secret to success is getting started!
Recognized Brand
Our familiar red and white octagon logo has graced the landscape of the Midwest for over eight decades. It is a tradition that we are proud of and you, as a franchisee, will find the Maid-Rite name to be a welcome icon of recognized familiarity and popularity.
Regional Developer Franchise Opportunities -- United States
Master Franchises Available
-- International
Affordability Maid-Rite is the affordable choice. You can own and operate a single unit Maid-Rite franchise with an initial investment for as low as $200,000, which includes the franchisee fee, all equipment, furniture, fixtures, inventory, smallwares, signage and working capital in a leased premise. Financing and leasing options are available.
Make the "Rite" choice today to let us know of your interest in becoming a proud owner of a successful Maid-Rite franchise.