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| Brand | Ivan Ramen Full-Service Restaurants Remove | Steak n Shake By Biglari Full-Service Restaurants Remove |
|---|---|---|
| Vitals | ||
Investment range | $1.0M – $2.0M | $316K – $2.7M |
Liquid capital | $150K – $300K | $15K – $20K |
Franchise fee | $35K | $25K |
Royalty rate | 5.0% | 4.0% |
Ad fund rate | 1.5% | 1.0% |
| Performance | ||
Avg gross sales | N/A | $1.8M |
Median gross sales | N/A | $1.7M |
Avg owner earnings Metric varies by brand. Check type below | N/A | $386K |
Earnings metric | Not classified | Net Income |
| Risk | ||
Rating | FBottom Quintile | ATop Quintile |
Risk score | 100 / 100 | 5 / 100 |
SBA charge-off rate | N/A | 0.0% |
SBA loans on record | N/A | 12 |
| Scale | ||
Total units | 1 | 406 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 100.0% | 9.6% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 10 | 5 |
Initial training (hrs) | 106 | 250 |
| Contacts | ||
Franchisee phones | 3 | 92 |
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