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FranchiseVerdict

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3 brands side-by-side

Compare up to 4 brands side by side

indicates the clear winner per row. Ties and missing data are not highlighted.

Brand
Great Steak logoCAverage
Great Steak
Quick-Service Restaurants
Remove
Gong cha logoATop Quintile
Gong cha
Quick-Service Restaurants
Remove
Millie’s Homemade Ice Cream logoATop Quintile
Millie’s Homemade Ice Cream
Quick-Service Restaurants
Remove
Vitals
Investment range
$154K – $663K
$185K – $627K
$254K – $557K
Liquid capital
$5K – $15K
$10K – $87K
$15K – $25K
Franchise fee
$30K
$35K
$50K
Royalty rate
N/A
6.0%
5.5%
Ad fund rate
1.0%
1.0%
2.0%
Performance
Avg gross sales
$580K
$440K
$380K
Median gross sales
$465K
$401K
$424K
Avg owner earnings
Metric varies by brand. Check type below
N/A
N/A
N/A
Earnings metric
Not classified
Not classified
Not classified
Risk
Rating
CAverage
ATop Quintile
ATop Quintile
Risk score
68 / 100
31 / 100
32 / 100
SBA charge-off rate
28.8%
0.0%
0.0%
SBA loans on record
75
15
2
Scale
Total units
24
6
14
Net change (latest yr)
N/A
N/A
N/A
Turnover rate
4.2%
0.0%
0.0%
Contract
Initial term (years)
10
10
10
Renewal term (years)
5
10
5
Initial training (hrs)
80
91
104
Contacts
Franchisee phones
2
98
13

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