Great Steak

Great Steak is a cheesesteak sandwich franchise that serves classic Philly cheesesteaks and other grilled sandwich options, offering a satisfying and flavorful dining experience with quality ingredients and authentic flavors.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

$138,000

$636,000

Initial franchise fee

$30,000

Royalty fee

6.00%

Advertising fee

1% - 4%

Revenue (AUV)

vs.

for

franchises

Operating Profit

vs.

for

franchises

Franchised units

-19%

(

-6

)

-19%

(

-6

)

vs. 2 years ago

Company-owned units

Total units

UNITS

This is how many units the franchise has in total

Franchised units

Company-owned units

Total units

2024

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Great Steak

Food & Beverage

franchises

franchises

Revenue

- COGS

Gross Profit

- Labor costs

- Other costs

Operating Profit

Sales : Investment ratio

Investment Payback

Franchise Disclosure Document

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COMPETITORS OF

Great Steak

Franchise

-19%

No growth

$30,000

$138,000

$636,000

Undisclosed

n.a.

$40,000

$2,712,000

$5,752,000

Undisclosed

-2%

$35,000

$278,000

$639,000

Undisclosed

200%

$80,000

$141,000

$614,000

Undisclosed

n.a.

$45,000

$726,000

$1,157,000

Undisclosed

165

-28%

$5,000

$458,000

$1,432,000

Undisclosed

$15,000

$111,000

$434,000

Undisclosed

154

-12%

$30,000

$337,000

$595,000

Undisclosed

18%

$15,000

$351,000

$760,000

Undisclosed

247

-24%

$30,000

$254,000

$822,000

Undisclosed

20576

-7%