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Great Steak & Potato Company, The

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Great Steak & Potato Company, The
188 N. Brookwood Ave., # 100
Hamilton, OH 45013
800#:
Tel: (513) 896-9695
Fax: (513) 896-3750
E-Mail: [email protected]
Web Site: www.thegreatsteak.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:
U.S. -- 214; Canada -- 12; International -- 4
�North America -- Operations in 31 States, 1 Provinces
�States/Provinces with Greatest Density: 32 in OH, 27 in CA, 25 in IL

Projected New Units Over Next 12 months:24
Franchisee Qualifications:4, 4, 3, 2, 3, 4
(Click here for an explanation)

Registered in Following Registration States: All States
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. (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $75-100K
Total Investment: $200-800K
Average Total Investment: $500.0K
Minimum Net Worth: $200K

Fees
�Franchise: $20K;
�Average Franchise Fee: $20.0K
�Royalty: 5%
�Average Royalty: 5.0%
�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
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
Franchisee Association / Member: No
Size Of Corporate Staff: 28
On-Going Support: a,B,C,D,E,F,G,H (Click here for an explanation)
Training: 2 Weeks Hamilton, OH.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: No

Note: NR = No Response by Franchisor.
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