Great Steak vs Gong cha
Franchise Comparison 2026
Both Great Steak and Gong cha are quick-service restaurants franchises. Great Steak requires an investment of $154K – $663K while Gong cha requires $185K – $627K. In terms of revenue, Great Steak reports higher average unit revenue at $580K. On SBA loan performance, Gong cha has a lower charge-off rate (0.0%) compared to Great Steak (28.8%). FranchiseVerdict rates Great Steak C (Average) and Gong cha A (Top Quintile).
| Metric | Great Steak | Gong cha |
|---|---|---|
| Verdict Grade | CAverageAverage | ATop QuintileTop Quintile |
| Investment Range | $154K – $663K | $185K – $627K |
| Franchise Fee | $30K | $35K |
| Royalty Rate | the greater of 6% of total weekly Gross Sales or $400 per week | 6.0% |
| Average Revenue (Item 19) | $580K | $440K |
| SBA Charge-Off Rate | 28.8% (75 loans) | 0.0% (15 loans) |
| Total Units | 24 | 6 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2010 | 2023 |
| FDD Year | 2024 | 2025 |
Investment Range
$154K – $663K
$185K – $627K
Franchise Fee
$30K
$35K
Royalty Rate
the greater of 6% of total weekly Gross Sales or $400 per week
6.0%
Average Revenue (Item 19)
$580K
$440K
SBA Charge-Off Rate
28.8% (75 loans)
0.0% (15 loans)
Total Units
24
6
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2010
2023
FDD Year
2024
2025