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Big Al's Steaks

Philly cheesesteak sandwiches

Background

Founded: 2006 Franchising since: 2009
450 E. Atlantic Ave.
Delray Beach, Florida 33483
Phone:
(561)819-0399


Franchisor is a privately-held company with 6 employee(s); 6 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 0 0 0 2
2008 N/A N/A N/A 2
2007 N/A N/A N/A 2
2006 N/A N/A N/A 1
2005 N/A N/A N/A N/A

Where Seeking Franchisees
In the U.S. United states
Outside the U.S.: World wide

Exclusive territories available.
Territory size: 40,000+ population

Costs and Fees

Total investment: $262.2K-484.7K
Franchise fee: $27.5K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $80K

Operations
  • Number of employees needed to run franchised unit: 2 - 3
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters: 8 days
  • At franchisee's location: 2-7 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Regional advertising

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