The Great Steak & Potato Co.

Fast-food chain specializing in cheesesteaks, chicken and potatoes

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.

The chain has locations across the United States, as well as in Canada and the Middle East. It is owned by the Kahala Corp., franchisor of Frullati Café & Bakery, Surf City Squeeze, Ranch 1, Samurai Sam's, Rollerz and Taco Time.

Please Note: The operators of The Great Steak & Potato Co., may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official The Great Steak & Potato Co. website.

Start-up Costs & Franchises Fees

How much does it cost to open a The Great Steak & Potato Co. Franchises?

Total Investment: $117,000-$423,000
Initial Franchise Fee: $30,000
Royalty Fee: 6%
Advertising Fee:
Term of Agreement: 10 years
Renewal Fee: $5K

How to contact The Great Steak & Potato Co.

The Great Steak & Potato Co.
7730 E. Greenway Rd., #104
Scottsdale, AZ
85260

Phone: (480)443-0200
Fax: (480)443-1972

Website: Visit Website

The Great Steak & Potato Co. News

Great Steak & Potato Company Launches New Sweet Potato Fries
Not enough time to decorate? Need to go caroling? Too busy to spend time cooking? During the holiday season, time can be a precious commodity. The Great Steak & Potato Company has found a way for timecrunched shoppers to have their favorite food of the season "on-the-go" while running errand... more

Acquisition Of Great Steak & Potato Restaurant Chain
Kahala Corp. (KAHA.PK) (the "Company") - today announced it has closed its acquisition of Nicar Holding Co., which includes the franchiser of the quick service Great Steak & Potato restaurant chain, for an undisclosed amount. The Great Steak & Potato concept, which specializes in genuine Phi... more
View all The Great Steak & Potato Co. Press Releases

Franchise History

When did the first The Great Steak & Potato Co. open? 1983
When did The Great Steak & Potato Co. start Franchising? 1986

Year U.S.A. Canada International Corporate

2005 233 3 0 1

2004 260 10 5 10

2003 224 10 5 10

2002 216 9 5 11

2001 188 11 5 16

Expansion Plans

International: Africa, Asia, Australia/New Zealand, Central America, Eastern Europe, Japan, Middle East, Mexico, Philippines, South America, Western Europe,

Financing Options

Expense In-House Third Party

Franchise Fee No No

Startup Costs No No

Equipment No Yes

Inventory No No

Accounts Receivable No No

Payroll No No

Third Party Financing Source(s): the SBA, various leasing companies & lending institutions

Training & Support

Support
Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Ad slicks, National media, Regional advertising

Business Operations

International franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 10
Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

Qualifications & Business Experience

Business Experience:

Industry experience
General business experience

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