Total investment:
$ 133,500
Franchise fee:
$ 30,000
Royalty fee:
6%+
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1985
Franchise since: 1986
Company owned units:
Franchise owned units: 58
Total number of units:
Number of employees per unit: 10-15
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEThe Great Steak & Potato Co. offer cheesesteaks with only the finest American ingredients, from the specially cut and marinated beef to freshly baked bread, fries and baked potatoes. The company was founded in Ohio in 1982. Great Steak also provides franchise opportunities. As of 2018, the company operates 45 franchises in the United States and 13 ones outside the country.
On-The-Job Training: 40 hours
Classroom Training: 40 hours
Additional Training: At existing locations
Absentee Ownership Allowed
Net-worth Requirement: $250,000
Liquid Cash Requirement: $100,000 Ad Royalty Fee: to 4%