Big Al's Steaks

The Big Al's Steaks franchise is a Florida-based restaurant concept that specializes in authentic Philly Cheesesteak. The brand was established in Florida when Big Al and his son, Adam, were craving cheesesteak like they have in their home town of Philadelphia. In addition to authentic cheesesteak, Big Al's also sells burgers, hoagies, hot dogs, salads, wings and fire. Franchisees benefit from a simple business model and support and training from the franchisor. To incentivize veteran ownership, Big Al's offers members of the armed services a 20% discount off the one-time initial franchise fee, which is $27,500. The royalty fees are 6% of gross sales. 

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Big Al's Steaks

Big Al's Steaks Franchise Cost and Requirements for 2024

Background

A popular food option in the U.S. is cheesesteak. A brand to consider is Big Al's Steaks. Big Al and his son, Adam, loved watching sports and eating Philly Cheesesteak back in their hometown. When they moved to Florida, they carved it and were sad to not be able to find authentic Philly cheesesteak. They knew if the restaurant that claimed the cheesesteak was authentic couldn't pull it off. After they went back to Philadelphia with the idea to bring their own shop to Florida, and Big Al's Steaks was born. Franchisees benefit from a simple business model and feel-good product. Since the franchisor provides support and training, you don't need prior business experience.   
In terms of support and training, you can expect an initial training program that is broken down into classroom and on-the-job instruction. During this time, you'll learn everything you need to know about running the business. This includes marketing and advertising, managing finances, hiring, food prep and more. You'll also be provided with grand opening assistance. Support and training are ongoing. The ideal candidate us passionate about customer service and offering a great product. You can expect the initial investment to range between $331,150 - $546,950, which includes a one-time initial franchise fee of $27,500. Qualified candidates should have a net worth of at least least $250,000, and a minimum of $80,000 in cash and other liquid assets. To incentive veteran ownership, Big Al's gives military personnel a 20% discount off the one-time initial franchise fee. Franchisees benefit from absentee ownership opportunities, which allow them to work while owning a business. 

Company Details

Headquarters: Delray Beach, FL 33483
Canada: No
International: No 
Absentee: Yes
B2B: No
Founded: 2006
First franchise: 2009 
Mobile/home-based: No
Exclusive territory: Yes

Support and Training Offered By Big Al's Steaks

In terms of support and training, you can expect an initial training program that is broken down into classroom and on-the-job instruction. During this time, you'll learn everything you need to know about running the business. This includes marketing and advertising, managing finances, hiring, food prep and more. You'll also be provided with grand opening assistance. Support and training are ongoing. 

2024 Franchise Requirements Needed to Own a Big Al's Steaks Franchise.

What does a Big Al's Steaks Franchise Cost?

Big Al's Steaks franchise fees for 2024:

Veteran Incentives: 20% off franchise fee
Royality fee: 6%
Initial Investment: $331,150 - $546,950
Net Worth Requirement: $250,000
Cash Requirement: $80,000
Initial Franchise Fee: $27,500

Is Big Al's Steaks a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Big Al's Steaks is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Big Al's Steaks a Home Based franchise?

No. Big Al's Steaks is not a home based franchise opportunity.

What Do Big Al's Steaks Franchise Owners Make?

Click here to find out how much Big Al's Steaks franchisees make. Big Al's Steaks offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Does Big Al's Steaks Offer a Veteran Discount?

Yes. Big Al's Steaks franchise does offer a veteran discount.

Is Big Al's Steaks Looking for Franchisees in Canada?

No. Big Al's Steaks franchise is not looking for Canada franchisees.

Is Big Al's Steaks Looking for International franchisees?

No. Big Al's Steaks franchise is not looking for International franchisees.

Where can I see Big Al's Steaks's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Food & Restaurants

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$50,000 - $100,000

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

Big Al's Steaks Franchises for Sale

Click Here to inquire about existing Big Al's Steaks franchises for sale. We may have Big Al's Steaks franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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