Big Al's Steaks

At a Glance

Products & Services: Philly cheesesteak sandwiches

Number of Locations: 4

Total Investment: $331.2K - $546.95K

Founded: 2006

Began Franchising: 2009

Franchise Units

Year U.S. Canadian International Company Owned
2012 2 0 0 2
2011 1 0 0 3
2010 1 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $331,150 - $546,950
Franchise Fee: $27,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 20% off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $80,000
Operations
Number of employees needed to run franchised unit: 2 - 5. Absentee ownership of franchise is allowed..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 8 days. At franchisee's location: 2-7 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Regional advertising,

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