Is a Great Steak Franchise Worth It?
A data-driven verdict based on FDD analysis and real SBA loan outcomes.
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Verdict: High Risk
- High SBA default rate (100.0%)
- Negative unit growth (-3.8%)
The Numbers
Franchise Fee:
$30K
Total Investment:
$162K – $636K
Royalty Rate:
6.0%
Median Revenue (Item 19):
$542K
1-Year Unit Growth:
-3.8%
SBA Default Rate:
100.0%
What Franchisees Are Saying
Reddit
See what franchisees are saying about Great Steak on Reddit
Potential Red Flags
- High SBA default rate (100.0%)
- Negative unit growth (-3.8%)
Always perform your own due diligence and consult with a qualified franchise attorney.
Bottom Line
Based on the data, Great Steak presents a High Risk opportunity for a franchise buyer. We recommend a full FDD analysis for a deeper dive.
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