Culver's vs Steak 'n Shake
Both in QSR
| Metric | Culver's | Steak 'n Shake |
|---|---|---|
| Investment (Low) Minimum estimated initial investment from the FDD, including franchise fee and build-out. Lower is better. | $2.6M | $1.3M |
| Investment (High) Maximum estimated initial investment. Lower is better for the buyer. | $8.6M | $2.3M |
| Franchise Fee One-time upfront fee paid to the franchisor. Lower is better. | $55K | $25K |
| Royalty Ongoing percentage of gross revenue paid to the franchisor, typically weekly or monthly. | 4% | 5% |
| Total Units Total franchised and company-owned locations. More units generally means a more proven system. | 997 | 436 |
| Growth Rate Net change in total units over the last year. Negative growth may signal franchisee closures. | 5.61% | -9.86% |
| Health Score Composite score (1-100) based on growth, fees, scale, and data quality. Higher is better. | 94 | 58 |
Green = better on that metric. Based on official FDD data.
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