Question 1

How many Great Steak franchise locations are there?

Accepted Answer

Great Steak currently has 24 total units, including 24 franchised locations and 0 company-owned locations.

Question 2

Is the Great Steak franchise system growing or shrinking?

Accepted Answer

Great Steak has experienced negative net growth of -4.0% over the past year, with a 3-year compound annual growth rate (CAGR) of -8.2%.

Question 3

What is the franchise vs. company-owned ratio for Great Steak?

Accepted Answer

Great Steak has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Great Steak franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Great Steak had 0 units opened and 1 units closed.