The Great Steak & Potato Co.
Philly cheesesteaks, fries, baked potatoes
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The Great Steak & Potato Co.
Philly cheesesteaks, fries, baked potatoes

About
Founded

1985

Franchising Since

1986 (33 Years)

Corporate Address

9311 E. Via De Ventura
Scottsdale, AZ 85258

CEO

Stanley Ma

Parent Company

Kahala Franchising LLC

Ticker Symbol

KAHL

Financial Requirements
Initial Investment

$133,500 - $519,050

Net-worth Requirement

$250,000

Liquid Cash Requirement

$100,000

Ongoing Fees
Initial Franchise Fee

$7,500 - $30,000

Ongoing Royalty Fee

6%+

Ad Royalty Fee

to 4%

Financing Options

The Great Steak & Potato Co. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Veteran Incentives

20% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

40 hours

Classroom Training:

40 hours

Additional Training:

At existing locations

Absentee Ownership Allowed
Number of Employees Required to Run:

10 - 15

Bio
Nicola J. Lanni opened the first Great Steak & Potato Co. store in Dayton, Ohio, in 1982. The stores' menus include Philadelphia Cheesesteak sandwiches, fresh-cut French fries, chicken and baked Idaho potatoes. The signature cheesesteak sandwich is prepared with grilled USDA choice sirloin steak and onions, melted Provolone cheese, mayonnaise, lettuce and tomato on a warm bun. Every item is grilled and prepared to order in front of the customer.

Great Steak & Potato is owned by Kahala, franchisor of Blimpie, Cereality, Cold Stone Creamery, Frullati Café & Bakery, Johnnie’s, Nrgize, Ranch 1, Rollerz, Samurai Sam’s, Surf City Squeeze and TacoTime.

Cost
Initial Investment: Low - $133,500 High - $519,050
Units
-13.4%-9 UNITS (1 Year) -31.0%-26 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 8th, 2018