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3 brands side-by-side
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indicates the clear winner per row. Ties and missing data are not highlighted.
How winners are chosen
Lower is better for investment, liquid capital, franchise fee, royalty and ad-fund rates, SBA charge-off rate, and owner turnover.
Higher is better for disclosed revenue and owner earnings, verdict score, total units, net unit growth, and franchisee contacts. For the letter grade, A ranks highest.
A row is highlighted only when one brand clearly leads. Ties are never highlighted, and missing data never counts as a win. Some rows (earnings-metric type, loan counts, contract terms) are informational and have no winner.
Focus by buyer type
| Brand |  BAbove averageSteak N Shake Full-Service Restaurants Remove |  AStrongest tierPenn Station, Inc. Full-Service Restaurants Remove |  DBelow averageHarlem Shake Full-Service Restaurants Remove |
|---|---|---|---|
| Vitals | |||
Investment range | $259K – $998K | $441K – $820K | $412K – $849K |
Liquid capital | $239K – $833K | $10K – $21K | $15K – $45K |
Franchise fee | $10K | $13K | $40K |
Royalty rate | N/A | N/A | 6.0% |
Ad fund rate | 10.0% | 2.0% | 2.0% |
| Performance | |||
Avg gross sales | $130K | $820K | N/A |
Median gross sales | $1.7M | $779K | N/A |
Avg owner earnings Metric varies by brand. Check type below | N/A | $174K | $680K |
Earnings metric | Not classified | Not classified | P&L Bottom Line |
| Risk | |||
Rating | BAbove average | AStrongest tier | DBelow average |
Verdict score | 51 / 100 | 73 / 100 | 29 / 100 |
SBA charge-off rate | 15.2% | 2.0% | N/A |
SBA loans on record | 38 | 50 | 1 |
| Scale | |||
Total units | 387 | 322 | 2 |
Net change (latest yr) | N/A | N/A | N/A |
Turnover rate | N/A | 1.3% | 0.0% |
| Contract | |||
Initial term (years) | N/A | 10 | 10 |
Renewal term (years) | 1 | 10 | 5 |
Initial training (hrs) | 240 | N/A | 99 |
| Contacts | |||
Franchisee phones | 0 | 0 | 17 |
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