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Units as of 2012
4 Previous years N/A
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$331K - $547K

Company Overview

About Big Al's Steaks

Industry
Food
Founded
2006
Leadership
Alan Costilo, CEO

Franchising Overview

Franchising Since
2009 (12 years)
# of employees at HQ
26
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
4 (as of 2012)

Franchisor Information

Corporate Address
450 E. Atlantic Ave.
Delray Beach, FL 33483

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Big Al's Steaks franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$27,500
Initial Investment
$331,150 - $546,950
Net Worth Requirement
$250,000
Cash Requirement
$80,000
Veteran Incentives
20% off franchise fee
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Big Al's Steaks has relationships with third-party sources which offer financing to cover the following: startup costs, equipment

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
2-7 days
Classroom Training
8 days
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Big Al's Steaks landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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