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Big Al's Steaks

Facts & figures
Liquid capital required
$80,000
Net worth required
$250,000
Investment
$331,150 - $546,950
Franchise fee
$27,500
Royalty
6.0%
Offers Financing
Yes
Units in operation
4
Founded
2006
Franchising Since
2009

The capital required to open a unit is $80,000. The franchise expects its new franchisees to have a net worth of at least $250,000. A royalty payment of 6% is paid from unit owners back to the franchise. $331,150 is the minimum that Big Al's Steaks expects its owners will need to invest in a new location. $546,950 is the maximum that someone opening a location should expect to invest. The franchise fee to open a Big Al's Steaks unit is $27,500. This franchise was established in 2006. The company began expanding via franchising in 2009. Today, the location count for this franchise has reached 4.

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