Great Steak
We operate Great Steak quick-service restaurants serving Philadelphia cheesesteak sandwiches, baked potatoes with all the toppings, hamburgers, French fries, and related fast food items. Our restaurants are designed for everyday guests looking for a fast, familiar meal made to order in a convenient setting. Great Steak locations can operate in traditional storefronts or in non-traditional venues such as airports, malls, sports and entertainment centers, travel plazas, hospitals, hotels, and campuses. We serve the general public and offer a menu that works for a broad range of customers throughout the day.
Your franchise match score
Fast Food
Brand highlights
- CEOEric Lefebvre
- Headquarters9311 E. Via De Ventura, Scottsdale, AZ, 85258
- Year founded2008
- Year started franchising2010
- IndustryFast Food
- Locations open25 (-9 last three years)
Statistics & metrics
- Investment range$161,900 - $636,300
- Franchise fee$30,000
- RoyaltyRoyalty Fee is the greater of the following: (i) 6% of total weekly Gross Sales or (ii) $400 per week. Surcharge is a maximum of $10 per week in addition to the Royalty Fee.
- Brand fundUp to 4% of weekly Gross Sales (Currently, Advertising Fee is 1% of weekly Gross Sales, which goes to the Advertising Fund).
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-03-28
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Great Steak, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Great Steak franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Great Steak franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Great Steak franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Great Steak. | |
| Financial Performance Representations | Review any financial performance information Great Steak provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 25 |
| Franchise locations | 25 |
| Corporate locations | 0 |
System growth over time
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