The Original Steaks & Hoagies
Bottom line
- Total investment $112K – $269K including a $30K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 67/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one The Original Steaks & Hoagies unit return on the cash you put in?
Unlevered ROIC · per unit
53%
In Yale's "attractive" band (30–60%)
Overview
About
Franchisees operate quick-service sandwich and steakhouse-style restaurants focused on hoagies and specialty sandwiches. Day-to-day operations include food preparation, counter service, inventory management, and local marketing within a protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 14 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Minimal system size, absent financial transparency, and franchisor financial concerns create significant risk despite reasonable royalty rate and protected territory.
Score breakdown · what drove the 67 / 100 rating
- 01MEDNo Item 19 financial performance data disclosed — unable to validate revenue/profit claims
- 02MINOROnly 8 units in system with unknown growth trajectory — suggests stagnant or declining franchise
- 03HIGHGoing Concern status is FALSE — potential financial instability at franchisor level
- 04MINORWide investment range ($112k-$269k) with no corresponding revenue disclosure — high uncertainty
- 05MED6% royalty on undisclosed gross sales creates unpredictable unit economics
- 06HIGHNo litigation disclosed is positive, but combined with other factors suggests small, under-scrutinized system
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
15 numbers
One-time purchase · CSV download · Validation questions included
FDD download
The Original Steaks & Hoagies · FDD (2023) PDF