Maybe you’ve always been steak-obsessed or you simply want to run your own restaurant business in a dynamic and evolving industry. Either way, we have four steakhouse restaurant franchise opportunities for you to browse. You never know - one of these could suit your career goals and financial capability perfectly and you could be running your very own unit in no time.
Steak has always been a favourite among Brits. In the UK, we spend around £49 billion a year on eating and drinking out, and steak accounts for 25 percent of our beef expenditure. Due to certain steak cuts being rather expensive, many members of the British public visit premium steakhouses on special occasions. At the same time, there are also many more affordable steakhouse restaurants that are frequented regularly. So, why not make the most of our love of steaks and start your own profitable steakhouse restaurant?
The process of preparing the perfect steak is one that requires years of experience, and involves sourcing quality cuts of meat, ageing them correctly and cooking them to perfection to create a succulent and tender steak. With great steak so hard to come by, it is no wonder that many consumers turn to established and reputable steakhouses to satisfy their craving. In this article, we’re going to consider the four top steakhouse franchises in the UK and across the globe.
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Top 4 steakhouse restaurant franchises
1.Marco Pierre White Steakhouse & Grill
It’s widely considered that Marco Pierre White is one of the biggest names in the catering industry across the globe. The British chef co-founded Black and White Hospitality, a UK-based management group. There are a number of Marco Pierre White brands, but two of these are Marco Pierre White Steakhouse & Grill, and Mr White’s English Chophouse. Black and White Hospitality offers restaurant franchise rights with both of these brands.
What is the franchise opportunity?
Black and White Hospitality started out with the aim of providing branded food and beverage solutions to hotel owners, so their dining spaces could be transformed into busy, profitable restaurants.
There are now no limits to partnering with the brand, and the franchise arm of the business has expanded to casinos, football stadiums, the high street and beyond.
What is included in the franchise package?
- Help designing the restaurant
- Training before the big launch
- Ongoing operational, sales and marketing support
- Development of new menus
- Business reviews
So, if you want to join the 60 other Marco Pierre White franchises set to open this year, click here to get started.
Keen to give customers across the UK a taste sensation, the founders of the Steakhouse restaurant brand launched Steakout in 2008. It ‘reinvented and revolutionised steak dining’ by using unique flavours and precision cuts to push boundaries.
It’s now one of the most famous casual steak dining restaurants in the UK. There are locations all over the UK, including Coventry, Leicester, Blackburn, Cardiff and seven in London.
Steakout encourages entrepreneurs who want to own their own franchise to register their interest here.
Did you know? In the UK, we spend around £49 billion a year on eating and drinking out
This Australian-themed steakhouse restaurant is a leader in the casual dining sector in the US and across the globe; there are currently more than 1,500 restaurants in 20 countries. With low prices and generous portion sizes, Outback Steakhouse is frequented for its ribs, chicken, sea food and pasta, as well as its succulent steaks.
Why choose this brand?
- Multi-award winning
- Provides comprehensive training and ongoing support in food preparation, administrative duties, marketing and product development
- Been in the business for over 20 years
Who is the ideal franchisee?
- Passionate about serving high-quality food and working in the community
- Eager to grow the brand
- Proven track record of success in the food service industry
- Financially strong
- Knowledge of the local market
How much does it cost?
Interested applicants will need a net worth of $5 million and a minimum liquidity of $3.5 million. The total investment will depend on the expansion plans, but candidates that have access to capital to build at least five restaurants will be prioritised.
The business isn’t currently looking for franchisees in the UK, but if you are prepared to run your own Outback Steakhouse franchise in Morocco, Turkey, Kuwait or Egypt, you’re encouraged to make an enquiry here.
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This steakhouse franchise specialises in delicious, hand-cut steaks and fall-off-the-bone ribs. In 2018, there were 72 franchised locations in the US. The brand is eager to continue its expansion through franchising.
What is the investment?
An initial franchisee fee of $40,000 is required to get the ball rolling, along with a total investment between $2,093,500 and $4,963,500.
With the popularity of steaks in the UK, you never know when this franchise opportunity might open up here. Therefore, we recommend checking back at its website for any new information.
Fancy taking a bite out of a steakhouse restaurant franchise?
As you can see, there aren’t many American steakhouse franchise opportunities in the UK currently, apart from the first two listed here. However, they are both potentially exciting new business ventures that can allow you to make money from your passion for steaks and customer service. There are a couple more opportunities open across the globe; two of which we have looked at in more detail in this article.
However, there’s no reason why ambitious entrepreneurs can’t launch their own steakhouse restaurant business or decide to franchise their existing business to achieve rapid growth. If you’re in two minds about franchising your business, you can read another one of our articles to help you make the decision.
Becky Martin, Point Franchise ©