America’s premier cheesesteak franchise is a low-cost investment opportunity with two proven business models, exceptional ongoing support and the chance to become a meaningful member of your community
With 56 locations across the nation, Great Steak premier cheesesteak franchise was founded by two brothers who fell in love with cheesesteak on a trip to Philadelphia in 1982. Great Steak was one of the first brands to bring the classic cheesesteak experience to the rest of America. Led by a passionate executive team with proven experience in growing franchise systems, Great Steak is poised to become the premier cheesesteak franchise nationwide as it captures a significant share of the sandwich industry, which tops $19 billion, according to IBISWorld.
Great Steak franchise owners get to live their dreams of small business ownership with a time-tested legacy brand, while serving up the classic American cheesesteak in their communities. One metric to think about as you explore the Great Steak franchise opportunity is found in the simple question: Would Great Steak franchise owners make the decision to invest in the brand if they had a chance to do it all over again?
Great Steak franchise owners say yes. We are lucky to have incredible franchise owners who come from a wide variety of backgrounds, professional histories and cultures. Their decision to go into business for themselves, combined with their passion for cheesesteaks, has helped make Great Steak the premier cheesesteak franchise since 1982. In return, we do everything in our power to help our owners run successful and profitable businesses; when they are successful, so are we.
Here are three reasons franchise owners love Great Steak in their own words:
Great Steak franchise owners are passionate about cheesesteaks
“Great Steak is unique in that our quality products and fresh ingredients make it very easy to establish lifelong relationships with our customers,” says Nidal al-Farah, owner of three Great Steak cheesesteak franchises in Indiana. “From a franchisee’s perspective, the support that the executive team gives us is second-to-none. I have never felt like I was just a number. If I have any questions at all, I know they will help me find a solution. It’s a low-cost investment, but more importantly, it has a relatively quick return on that investment. I would open more locations in a heartbeat.”
Great Steak takes the cheesesteak very seriously. Our simple menu focuses on cheesesteaks, both classic and innovative, and our specialization appeals to not only cheesesteak purists, but also to the largest demographic in the United States: millennials. Smithsonian reports that approximately 50% of Americans aged 20 and older eat at least one sandwich every day, and according to Gordon Food Service, 49% of millennials say that sandwiches other than burgers are their favorite food. GFS reports that restaurants “don’t need to be the flashy gastro hotspot to be appealing” to millennials because what they want is a brand with a voice, food with flavor and the ability for customization — all of which they can find at Great Steak.
Our two proven concepts are easy to run and easy to scale
“I always wanted to own my own restaurant, but I realized that a franchise would give me the proven business model that would enable me to be successful,” says Moe Elhindi, owner of two Great Steak franchise locations in Northern California. “This has been the case with Great Steak: it’s a very simple operation. It doesn’t require a lot of employees, the menu is simple and the day-to-day managing of this business is easy to understand. Great Steak has made managing the inventory, the training, and maintaining the quality of the product very straightforward. Everyone who wants to go into business thinks about the bottom line, and with Great Steak, the bottom line is very good. I want to open another location, perhaps in an airport or Las Vegas.”
With an initial investment starting at $146,600, Great Steak is a low-cost restaurant opportunity with potential for high returns. Our food court model and our in-line restaurant are designed to be easy to operate and to maximize profitability; here is what you need to know about both franchise concepts:
Food Court Model: This is the perfect option for a savvy entrepreneur who wants to run a simple business with a small staff, low overhead and few moving parts. Our food court counters are custom-designed to showcase the theatricality of cooking a cheesesteak: customers walk up and get a perfect view of their cheesesteak being cooked. Our success in malls across America for more than 30 years demonstrates that this model can generate a rapid return on investment. Great Steak has developed relationships with several of the largest mall companies in America, and they cannot wait for Great Steak to enter their marketplaces.
In-Line Restaurant: This model is for entrepreneurs who want to bring the classic American cheesesteak experience to the heart of their communities. Our restaurants require a small footprint, a small staff and low overhead, and the Great Steak executive team will work with you to find the best location for your business. In addition, initial training will be extensive, and the Great Steak team will assist you in growing your business as you become the premier cheesesteak restaurant in your community.
The premier cheesesteak franchise is a low investment opportunity with high potential rewards
“Great Steak has provided me with a wonderful life for my family,” says Raymond Lee, owner of the Great Steak franchise location in the Arrowhead Towne Center in Glendale, Arizona. “As a business, it’s incredibly easy to run, manage and remain profitable. I’m very proud of the quality of our food, and after several years in business, I still cannot wait to come into work and serve our cheesesteaks, which I think are the best for miles around.”
Great Steak is a low-cost investment opportunity with high potential returns; the initial investment ranges from $146,600 to $511,050. Having sold millions of cheesesteaks since our founding in 1982, Great Steak has a proven business model for entrepreneurs who are passionate about bringing the classic American cheesesteak experience to their communities. The franchise fee for your first Great Steak franchise is $30,000, and the franchise fee for multiple units may be discounted if certain conditions and criteria are met.