Buy a Great Steak Franchise

Great Steak is a cheesesteak-focused franchise offering a simple, easy-to-operate business model that requires no prior restaurant experience. With a franchise fee of $30,000 and a relatively low initial investment, Great Steak aims to provide franchisees a straightforward path to owning and operating a popular quick-serve sandwich concept. The brand emphasizes quality ingredients and a menu centered around classic cheesesteaks, appealing to fans of this iconic American sandwich.

Latest Resales

  • There are currently no Great Steak resales available

Why buy a Great Steak Franchise?

Investing in Steak Escape offers entry into a proven, evolving franchise with a strong focus on quality ingredients and customer experience. The brand’s flexible business models, comprehensive support, and commitment to community make it a compelling choice for entrepreneurs seeking a reputable, scalable quick-serve franchise in the growing sandwich market.

Great Steak Franchise Costs & Information

Based on 2025 data reported in the 2026 FDD

  • Brand Profile

    • Year Founded

      1982

    • Franchising Since

      1986

    • New Startup Cost

      $257,900 – $678,850

    • Avg. Resale Price

      Contact us for details
  • Franchise Fees

    • Initial franchise Fee

      $30,000

      for new territories

    • Transfer Fee

      $7,500

    • Royalty Fee

      6%

      of weekly Gross Sales or $400/week min

    • Marketing Fee

      1%

      of weekly Gross Sales

  • Unit Performance

    • Total Units *

      23

    • New Units Opened *

      0

    • Units Transferred *

      0

    • Avg. Unit revenue *

      $533,269

    * Based on 2025 data reported in the 2026 FDD

Great Steak – Additional  Information

  1. Training & Support

    Steak Escape provides comprehensive support including site selection, construction assistance, extensive initial training (one week classroom and three weeks on-the-job), marketing, technology, and ongoing operational consulting. Franchisees receive national purchasing contracts to control costs and benefit from regional operations consultants.

  2. Ideal Owner

    The ideal Steak Escape franchisee is a full-time operator with a minimum net worth of $400,000 and $200,000 in liquid assets, passionate about customer service and community engagement. Prior restaurant experience is helpful but not mandatory due to thorough training.

  3. Recognition & Awards

    Steak Escape is recognized for its longevity, strong brand culture, and commitment to quality and community involvement.

  4. Industry / Market

    The quick-serve sandwich market remains robust, with demand for fresh, quality, and convenient dining options. Steak Escape’s diverse location models and evolving menu position it well to capture market share in a competitive sector.

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