Our premium product, simple business model and straightforward menu makes our brand a best-bet investment
National industry publication Franchise Times recently named Great Steak™ cheesesteak franchise to its prestigious annual Top 200+ list. The list spotlights the franchise systems that Franchise Times, which is dedicated to helping entrepreneurs connect with franchise systems, has deemed best-bet investments across all segments of the industry for 2018.
Great Steak’s inclusion on the Top 200+ list is the result of a strong year for the premier cheesesteak franchise. Driven by the support of franchising giant Kahala Brands™, Great Steak is a world-class franchise system whose proven model has grown to more than 100 locations across the U.S.
“We’re very honored to once again be included as part of the Franchise Times Top 200+ list,” says John Wuycheck, Senior Vice President of Franchise Development at Kahala Brands. “People who love cheesesteaks really love and seek out the Great Steak brand. If a franchisee brings the confidence and enthusiasm for great-tasting cheesesteaks, we can teach them the cheesesteak business. Our in-depth training maps out our simple in-store operations — they rely on attention to detail, which makes for consistently great-tasting cheesesteaks for customers. We can help first-time restaurant owners grow in the underserved market of cheesesteak lovers in the U.S. and beyond.”
Great Steak takes cheesesteak very seriously. Founded by two Ohio brothers who fell in love with the sandwich on a trip to Philadelphia in 1982, Great Steak grew to more than 50 locations throughout the nation. Our simple menu focuses on cheesesteaks, both classic and innovative, and our specialization is appealing to not only cheesesteak purists, but also to the largest demographic in the United States: millennials.
“Great Steak appeals to a wide variety of people, but we are especially appealing to the millennial demographic,” says Kari Combs, Vice President of Operations for Great Steak. “Our food is affordable, with an average ticket of $8 to $10. And our use of high-quality ingredients is evident the moment a customer steps up to the counter. We don’t prepare meals in advance. Our customers tell us how they want their food, and then we cook their meal in front of them. It’s dinner and a show!”
Great Steak is a low-cost restaurant opportunity
Great Steak 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 restaurateur. For those individuals seeking to bring cheesesteak sandwiches to their neighborhood, we offer the in-line restaurant model with an initial investment beginning at $133,500.
Today’s shopping malls are becoming community centers and no mall food court is complete without an authentic cheesesteak sandwich shop. Great Steak is the best choice for shopping malls and strip centers from coast to coast with our food court franchise model, which offers a low-cost investment point of $150,000.
New markets mean expansion opportunities
Great Steak cheesesteak franchise locations continue to pop up throughout the United States, with new locations such as Cookeville, Tennessee, scheduled to open in early 2019. Even so, there are many markets that would be a great fit for the brand. Now is the time for any entrepreneur interested in bringing a tested and well-respected name to his or her community.
“We are seeing a lot of interest in Great Steak in many markets, because cheesesteak may have started in one part of the country, but it’s become popular everywhere,” says Kari Combs, Vice President of Operations. “Great Steak is a well-known name and brings a lot of positives to someone who’s looking at opening his or her own restaurant.
Great Steak is a low-cost investment opportunity in the $19 billion sandwich industry that boasts a proven business model. Since our brand’s founding in 1982, the Great Steak cheesesteak franchise family has grown to more than 50 locations nationwide as it partners with entrepreneurs who are passionate about bringing the classic American cheesesteak experience to their communities. Owners enjoy the support not only of Great Steak’s top-shelf management team but also that of Kahala Brands, one of the most trusted names in franchising with more than 3,000 premier locations nationwide. Whether you’re looking to bring authentic cheesesteak sandwiches to a shopping mall near you or wanting to open a friendly neighborhood eatery, Great Steak offers the right opportunity. There’s never been a better time to open a Great Steak.