Shula's Steak House Franchise

Steak House

The desire to become a part of a continuing success story is why Shula's Steak House has become a popular consideration for those in the area of food franchising. The legendary status of a Hall of Fame football coach is coupled with maintaining rigorous standards when it comes to the quality of the steaks it offers. That's an unbeatable combination that keeps customers coming through the doors for every franchisee. The pinnacle of the restaurant's menu is the Shula Cut, a custom center cut of Black Angus beef that's been handpicked by those raising these cattle. After undergoing 10 different specifications that includes such things as marbling, leanness and consistency and being properly aged, only one percent of the cattle under consideration are selected. That's been the company's standard since it first opened in 1989, and striving for excellence has been the philosophy of Don Shula for his entire life.

ABC INC

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Shula's Steak House, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Shula's Steak House website.

How much does it cost to open a Shula's Steak House Franchise ?

The investment required to open a Shula's Steak House Franchise is between $1,126,600 - $3,037,500 . There is an initial franchise fee of $150,000 -$175,000 which grants you the license to run a business under the Shula's Steak House name.

Individual Franchise Costs

  • Initial Investment:
    $1,126,600 -
  • Initial Franchise Fee:
    $150,000 - $175,000
  • Royalty Fee:
    12%
  • Advertising Fee:
    Not less than $30,000
  • Term of Agreement:
    10 years +10+10

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

Training
The Franchise Owner, the Head Coach, the Business Development Manager, the Shula's Chef, and any oth er employees that designated must attend and complete the Basic training program. The training is based at the franchise premise for 14 days. The franchisee must pay for the expenses incurred by the franchisor during the basic training. The Head Coach, Business Development Manager, and Shula's Chef must complete the Managers' Training Program, which consists of three to five business days located at corporate headquarters.

Shula's Steak House Growth History

When did the first Shula's Steak House open? N/A
When did Shula's Steak House start Franchising ? N/A

The franchisee must act as or hire a designated Head Coach to act as the franchised business's general manager. The Head Coach must devote, on a full-time basis, his or her best efforts to managing and operating the franchised business. The franchised business requires the Head Coach's day-to-day supervision. The franchisee must also hire a Business Development Manager, who is primarily responsible for developing business from individuals and organizations within the protected territory. The franchisee must also hire a Shula's Chef, who is the franchised business's head chef and is primar ily responsible for operating and managing its kitchen.


How much money you could make as a Shula's Steak House Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Shula's Steak House Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$150,000 - $3,037,500
Initial Franchise Fee
$150,000 - $175,000
Royalty Fee
12%
Advertising Fee
Not less than $30,000
Term of Agreement
10 years +10+10
Shula's Steak House Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Shula's Steak House and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Shula's Steak House franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.