About Great Steak Franchise
Great Steak is a fast casual restaurant franchise specializing in made to order cheesesteaks, fries, and baked potatoes.
The brand is part of the Kahala Brands family of quick service restaurant concepts, giving it access to the operational infrastructure and supply chain advantages of a major multi brand franchisor.
The franchise fee for a Great Steak location is $1,250.
Great Steak Franchise Cost & Fees
Minimum Investment
$18K
Average Investment
$18K
Maximum Investment
$18K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $1,250 | One-time payment upon signing |
| Royalty Fee | 6.0% of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Currently, Advertising Fee is 1% of weekly Gross Sales, which goes to the Advert | National brand fund |
| Total Investment Range | $17,500 – $17,500 | Includes build-out, inventory, working capital |
The investment range of $18K–$18K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6.0%) and marketing fee (Currently, Advertising Fee is 1% of weekly Gross Sales, which goes to the Advert) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Lease Review Fee | $0 | $2,500 |
| Rent/Security Deposit (for 3 months) (Note 2) | $12,000 | $20,000 |
| Travel and Living Expenses (2 persons) while training, not including salaries, if any, for you and y | $2,500 | $5,000 |
| Architectural Fees | $9,000 | $17,000 |
| Leasehold Improvements (Note 3) | $40,000 | $268,000 |
| Restaurant Equipment, Furniture, Small Wares, Interior Signage and Menu Panels (Note 4) | $40,000 | $183,750 |
| Exterior Signage | $9,000 | $20,000 |
| Computer Hardware, Software (POS System) | $3,000 | $10,000 |
| PCI Compliance Costs | $150 | $1,300 |
| Opening Inventory (food and paper) (Note 5) | $2,500 | $7,000 |
| Business Insurance (Note 6) | $1,000 | $5,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | Payable if you are purchasing your Franchised Business as a result of a full tra |
| Renewal Fee | 50% of the then-current Initial Franchise Fee not including any discounts or red |
| Technology Fee | $10,000 |
| Audit Fee | Payable only if audit is caused by your failure to furnish reports or if audit r |
| Additional Persons Training Fee (Note 1) | $1,250 |
| Additional Training Fee (Note 1) | $300 |
| Annual Meeting Registration Fee (Notes 1 and 5) | $1,000 |
| Depository Account | $3,000 |
| Data Fees (Notes 1 and 6) | $75 |
| POS Help Desk Phone Support Maintenance Contract Fee | $55 |
| Relocation Fee (Note 1) | $500 |
| Document Administration Fee | $500 |
| Default Interest (Notes 1 and 8) | $50 |
| Late Report Fee (Note 1) | $100 |
| Sublease Late Charge | 5% of the late or unpaid amount plus any late charges and interest incurred unde |
| Non-Sufficient Funds Fee (Note 1) | $50 |
| New Supplier Approval Fee (Note 1) | $5,000 |
| Non- Participation Fee (Note 1) | $100 |
| Management Fee | 6% of the Franchised Business’ Gross Sales (in addition to the Royalty Fee and A |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 1 hours classroom, 1 hours on-the-job |
| Classroom Training | 1 hours |
| On-the-Job Training | 1 hours |
| Training Location | Online, KTEC (Kahala Training & Education Center) in Scottsdale, AZ, or such other location designat |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | If you are not in default and satisfy certain conditions, you may renew for a single renewal term of 5 years, with no further right to renew at the end of the renewal term. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Great Steak Franchise Earnings — Item 19
Great Steak does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Great Steak does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Great Steak Litigation & Risk Flags
Clean Litigation RecordGreat Steak has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Great Steak System Growth
Total Units
0
Franchised
0
Company-Owned
0
Great Steak currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Great Steak Franchise — FAQ
The total investment to open a Great Steak franchise ranges from $17,500 to $17,500, per their Franchise Disclosure Document. This includes the initial franchise fee of $1,250. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Great Steak charges a royalty fee of 6.0% of gross sales, plus a Currently, Advertising Fee is
1% of weekly Gross Sales,
which goes to the Advert contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Great Steak Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Great Steak to ensure you have the most up-to-date version.
Great Steak does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Great Steak has been offering franchise opportunities. The FDD shows an investment range of $17,500-$17,500, a 6.0% royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $1,250 and the total investment ranges from $17,500 to $17,500 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Great Steak and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Great Steak or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com