Great Steak vs 3 Natives
Franchise Comparison 2026
Both Great Steak and 3 Natives are quick-service restaurants franchises. Great Steak requires an investment of $173K – $663K while 3 Natives requires $311K – $524K. In terms of revenue, 3 Natives reports higher average unit revenue at $674K. Great Steak has SBA lending data on file with a 28.8% charge-off rate. FranchiseVerdict rates Great Steak D (Below average) and 3 Natives A (Strongest tier).
| Metric | Great Steak | 3 Natives |
|---|---|---|
| Verdict Grade | DBelow averageBelow average | AStrongest tierStrongest tier |
| Investment Range | $173K – $663K | $311K – $524K |
| Franchise Fee | $30K | $30K |
| Royalty Rate | Greater of 6% of total weekly Gross Sales or $400 per week (traditional); 6% of total weekly Gross Sales with no minimum (non-traditional) | 6.0% |
| Average Revenue (Item 19) | $580K | $674K |
| SBA Charge-Off Rate | 28.8% (75 loans) | Limited data |
| Total Units | 24 | 41 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2010 | 2015 |
| FDD Year | 2024 | 2025 |
Investment Range
$173K – $663K
$311K – $524K
Franchise Fee
$30K
$30K
Royalty Rate
Greater of 6% of total weekly Gross Sales or $400 per week (traditional); 6% of total weekly Gross Sales with no minimum (non-traditional)
6.0%
Average Revenue (Item 19)
$580K
$674K
SBA Charge-Off Rate
28.8% (75 loans)
Limited data
Total Units
24
41
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2010
2015
FDD Year
2024
2025