The premier cheesesteak franchise is ramping up for nationwide expansion as Americans everywhere are craving cheesesteaks
Great Steak cheesesteak franchise is in the excellent position of being way out in front of one of the nation’s biggest trending food items: The Cheesesteak. Americans cannot seem to get enough of the once regional sandwich, which is now popping up in various forms on menus from nationally known brands such as Papa John’s®, Jersey Mike’s®, IHOP® and Denny’s®, to name a few.
Of course, there’s no substitute for the real thing. Founded by two Ohio brothers who fell in love with the sandwich on a trip to Philadelphia in 1982, Great Steak has since grown to more than 100 locations across the nation. The simple menu focuses on cheesesteaks, both classic and innovative, and the brand’s commitment to the cheesesteak has won a rapidly growing customer base that is composed of both hardcore cheesesteak purists and the more casual enjoyers of the sandwich.
“Our secret is that we don’t cook the food and wait for you to come; we cook the food for you once you get there,” says Walter Mejia, Vice President of Operations for Great Steak. “It’s one of the most thrilling dining experiences a person can have: it’s a dinner and a show. Because we only use the best quality, freshest ingredients, once you taste our cheesesteaks, you’re hooked for life.”
Great Steak cheesesteak franchise offers two affordable business models.
The franchise owners produce average revenues in excess of $466,000 a year, according to Item 19 disclosures in our latest FDD.
We offer two unique franchise models for the savvy entrepreneur or the aspiring restauranteur. For those individuals seeking to bring cheesesteak sandwiches to their neighborhood, the brand offers the in-line restaurant model with an initial investment beginning at $129,200.
No mall food court is complete without an authentic cheesesteak sandwich shop, and Great Steak is the best choice for shopping malls and strip centers from coast to coast with the food court franchise model. Initial investment for the food court model begins at $146,600.
“Great Steak has two franchise models which are smart investments for entrepreneurs who are passionate about cheesesteaks,” says Ben Woodruff, franchise development manager with Great Steak. “Great Steak is a business you can run with your family and be supported every step of the way by a global franchising giant. We have relationships with malls, and we have dedicated real estate teams; we are careful to choose markets where the desire for cheesesteaks is there already. We want our Great Steak franchise owners to be successful and spread their love of cheesesteaks with their communities.”
Ready to open a Great SteakTM franchise in your community?
Great Steak is a low-cost investment opportunity; the startup costs for traditional stores range from $146,600 to $511,050. Having sold millions of cheesesteaks since the brand founding in 1982, Great Steak has an experienced business model for entrepreneurs who are passionate about bringing the classic American cheesesteak experience to their communities. The franchise fee for your first traditional Great Steak franchise is $30,000, and the franchise fee for multiple units may be discounted if certain conditions and criteria are met.
“Our brand has been around for several decades, and we’re very excited that our existing franchise owners are choosing to reinvest in the brand by opening up new locations,” Walter says. “It’s very nice to receive validation from the industry. The wave of enthusiasm that Great Steak is experiencing now is fueling our expansion plans for 2017, where we hope to open 10 new locations. We’re focusing on expanding our foothold in California, Texas and Virginia, as well as potentially opening multiple locations in Indiana. We expect 2017 to be extremely busy as far as growth is concerned.”
Learn more about the Great Steak franchise
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