Great Steak & Potato Company Franchise

Great Steak

is seeking candidates for expansion.

How do I buy a Great Steak Franchise?

Great Steak & Potato Company is America’s Premier Cheesesteak franchise. To buy this franchise requires a franchise fee of $30,000 and a total investment between $150,900 to $519,050. Great Steak has two options, a food court counter concept or an in-line restaurant. This is the perfect option for a savvy entrepreneur who wants to run a simple business with a small staff, low overhead and few moving parts.

Total Investment$150,900 - $519,050*
Cash Required$150,000
Business TypeFranchise
Target Market See List

Own a Great Steak & Potato Company.

The Great Steak brand is a current, relevant concept that continues to stay true to the company's core values, "meat and potatoes." It's this relevancy and the commitment to serving all-American comfort food that makes the Great Steak brand an appealing concept in cities across the country.

Kahala, the franchisor of Great Steak, has devised a clear plan and strategy to opening and operating your restaurant.  From build out, design and construction to grand opening festivities and marketing tactics, Great Steak is managed by a team of seasoned, skilled professionals who will mentor and guide you along the journey of owning your own Great Steak restaurant.

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Open Great Steak in any of these available states: AL, AR, CT, DE, FL, GA, IL, IN, IA, KY, LA, ME, MD, MA, MI, MN, MS, MO, NH, NJ, NY, NC, OH, PA, RI, SC, TN, VT, VA, WV, WI, DC.

About

A Taste of the Great Steak Brand

Since 1982, The Great Steak and Potato Company® has been serving the finest cheesesteaks in hundreds of locations across the United States and abroad. Now known simply as Great Steak, our menu has grown from a single cheesesteak to a complete line of specialty sandwiches, fries and baked potatoes. Our recipe for loyalty? Authenticity. Our cheesesteak may look like a sandwich, but its heart is red, white and blue.

Invented in Philadelphia, the cheesesteak is an American original that’s become a tradition. At Great Steak, we make our cheesesteaks with only the finest American ingredients, from the specially cut and marinated beef to our freshly baked bread. Grilled to perfection, it’s a genuine slice of homegrown comfort food. Our own unique sauce, Great Steak Philly Cheese, and a proprietary blend of seasonings round out the recipe that makes each cheesesteak truly unique.

In addition to cheesesteaks, Great Steak restaurants offer a variety of other mouth-watering meals. Guests can build their own baked potatoes, Great Fries and fresh salads. A selection of specialty grilled sandwiches is also available and prepared with the same commitment to quality and freshness as the original Great Steak cheesesteak.

The Great Steak brand was founded in order to introduce the rest of the world to the delectable sandwich synonymous with Philadelphia - the cheesesteak. Though times have changed since the first Great Steak restaurant opened in 1982, we're proud to carry on the tradition of the distinctive, unforgettable, nothing-like-it cheesesteak. Today, with more than three decades of experience, we continue to introduce the world to America's Premier Cheesesteak®.

Support

Kahala Brands, the franchisor of Great Steak, is proud of the extensive support we provide our franchisees. From site selection to grand opening assistance, our dedicated support team will assist you throughout your journey to your store opening. Our tested operating system and industry experience enable us to keep the cost of entry and operating costs as low as possible. We understand that opening a restaurant isn’t like flipping a switch, so we’ve developed a unique support structure that gives you the best opportunity to hit the ground running.

Training

Franchisees receive extensive training; ongoing coaching and operations manuals that help them master the operations of a Great Steak store. Training takes place four to 10 weeks before your store opens and five days of classroom training at our Scottsdale, AZ headquarters, as well as five days of in-store training at an operating Great Steak.

Our training program provides an overview of the business and franchise industry, details on store operations, our insights into providing exceptional customer service, details about products, instruction in how to use the Great steak point of sale system and our internal communications portal, financial management instruction, and more. You’ll also learn about store-opening procedures, food-product handling, sanitation procedures, back-office administration, equipment operation, storage and store management.

Testimonials

"I have been with Great Steak since 1992. What makes this concept great is that all meals are cooked to order with all the finest and freshest ingredients, right in front of the customer while they wait." - Nick Al-farah, IL/MI/IN

"Great Steak is a franchise that has provided continued support and the necessary tools to promote excellent team work and strong relationships, which have helped me run an effective business during my first year." - Cindy Kang, CA

The Numbers

  • Liquid Capital required $100,000
  • Net Worth required $250,000
  • Royalty (in percent format) 6% of gross sales
  • Investment range $150,900 - $519,050*
  • Franchise Fee $30,000 (traditional location)
  • Year business was established 1982
  • Year business was franchised 1985
  • Number of units/franchisees 63 US 14 International 

*This fee is for a traditional location and does not include any discounts that may be applicable. Different fees may apply for other types of locations. More detailed investment information is available in the Franchise Disclosure Document (FDD).

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