Passion for great-tasting cheesesteaks is a must-have for Great Steak franchisees
Great Steak franchise owners come from a 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 America’s Premier Cheesesteak® franchise since 1982. They may or may not have previous restaurant experience, but they all must have one thing in common: a real love for great-tasting cheesesteaks.
“If a Great Steak franchisee brings the confidence and enthusiasm for great-tasting cheesesteaks, we can teach them the cheesesteak business,” says John Wuycheck, Senior Vice President of Franchise Development with Kahala Brands™, which is the parent company of the Great Steak cheesesteak franchise. “Our training process maps out our simple in-store operations — they rely on attention to detail, which makes for great-tasting cheesesteaks every time a customer walks in through the doors. We can help first-time restaurant owners grow in the underserved market of cheesesteak lovers in America and beyond.”
Great Steak is a low-cost investment opportunity with exceptional initial and ongoing support
While passion for our product is of vital importance to franchising with us, we do have some basic minimum requirements for ownership.
Financially speaking, you will need a credit score of 680, net worth of $250,000 and liquid capital of $100,000. We also recommend that you have a proven track record of managerial experience, an entrepreneurial spirit and the drive to follow our proven business model as you bring the classic American cheesesteak experience to your community.
We provide the rest to get your Great Steak franchise up and running and help your restaurant become established in your community. The Great Steak team will guide you through all phases of the site selection, review lease negotiation upon request, construction, training, grand opening and ongoing processes for marketing and operations.
We have developed an intensive training platform that includes how to manage every aspect of your business, including the most important part: correctly preparing and serving the Great Steak products to your customers. Part of the appeal of the Great Steak brand is that we create our cheesesteaks right in front of guests. Great Steak franchise owners will spend 40 hours training in one of our restaurants, mastering the art of the cheesesteak.
We also train you on how to manage your inventory, operate your point-of-sale system and grow your business. We provide continual reviews to help you work toward financial and performance goals and ongoing coaching to help you market your business to your community.
“Great Steak is unique in that our quality products and fresh ingredients make it very easy to establish lifelong relationships with our customers,” said 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. I would open more locations in a heartbeat.”
Bring the classic American cheesesteak experience to your community today
Great Steak is a low-cost investment; the startup costs for traditional stores range from $146,600 to $511,050. Having sold millions of cheesesteaks since our 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.