Great Steak & Potato Company, The
Yes, we actively support the inclusion and development of minority-owned franchises in the Great Steak & Potato Company, The system.
Great Steak & Potato Company, The 7730 E. Greenway Rd., # 104
Scottsdale, AZ 85260
800#: Tel: (480) 443-0200 Fax: (480) 443-0972
E-mail: roger@thegreatsteak.com
Web Site: www.kahalacorp.com
Contact: Mr. Roger J. Burrin, Vice President of Development
America's premier fresh grilled cheesesteak franchisor, serving hand-cut french fries (cooked in peanut oil), baked potatoes with various toppings, grilled topped salads, homemade soups and fresh-squeezed lemonade.
Franchisor Background
Established: 1982
First Franchise: 1984
Franchise Units: 242
Company-Owned Units: 9
Total Units: 251
Distribution:
> North America -- Operations in 31 States, 1 Province
> States/Provinces with Greatest Density: 32 in OH, 27 in CA, 25 in IL
Units Owned by Minorities:
>African-American: 2
>Hispanic: 0
>Asian-American: 15
>Native American: 0
>Other:
Average Number of Employees: 2 FT, 15 PT (FT = Full Time, PT = Part Time)
Space Needs: 600-2,000 SF; FS,SF,SC,RM, Airports,Univ.
(for abbreviations click here)
Financial Requirements
Cash Investment: $75-100K
Total Investment: $200-800K
Average Total Investment: $500K
Minimum Net Worth: $200K
Fees
>Franchise: $20K
>Average Franchise Fee: $20K
>Royalty: 5%
>Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements:Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 28
On-Going Support: a,B,C,D,E,F,G,H (for an explanation click here)
Training: 2 Weeks Hamilton, OH.
Specific Minority Program(s) in Place: We employ a Korean consultant in California to help us reach the Asian community. We do not "change the rules" for any nationality and welcome all that are financially qualified. While not considered a minority, we do have over 30 franchisees from the Middle East.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
|
New
Search: Alphabetical
| Industry
Type | Avg
Total Investment | Avg
Franchise Fee | Total
Units
|
|