How Much Can I Make?
Ever dreamed of owning a cheesesteak franchise? Great Steak is your chance to turn dreams into realities
Great Steak™ is a cheesesteak franchise with the history, knowledge and experience to help franchisees develop a great business. We have served millions of cheesesteaks since our founding in 1982, and we grew to more than 100 locations across the country.
Startup costs for traditional stores range from $150,900 to $519,050, making Great Steak a low-cost investment opportunity with potential for high returns. Our business model is ideal for entrepreneurs who are passionate about bringing the classic American cheesesteak experience to their communities. The franchise fee for the first traditional Great Steak franchise is $30,000; the fee for multiple units may be discounted if certain conditions and criteria are met.
Consider this breakdown from Item 19 of our 2016 Franchise Disclosure Document:
|Average Gross Sales||Median Gross Sales||Number of stores measured||Number of stores that met or exceeded the Average Gross Sales||Percentage of stores that met or exceeded the Average Gross Sales||Number of stores that met or exceeded the Median Gross Sales||Percentage of stores that met or exceed the Median Gross Sales|
|All Franchised Stores||$476,956||$427,005||53||22||42%||27||51%|