GREAT STEAK & POTATO COMPANY Rated a Worst Franchise by Forbes. Do You Agree?

The Great Steak & Potato Company franchise was rated one of the worst franchise opportunities in America by Forbes magazine.

Do you agree that Great Steak & Potato Company is one of the worst franchises? 

Why or why not?

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(UnhappyFranchisee.Com)  The June 16, 2014 issue of Forbes magazine features their picks for America’s Best And Worst Franchises.

The Great Steak & Potato Company franchise made the Forbes list of the worst franchise opportunities in the $150,001 – $500,000 investment range.

The Forbes ranking for Great Steak & Potato Company included the following assessment:

No. 10 Great Steak & Potato Company

Grills to order classic cheese steaks; serves chili, baked potatoes and other fare.

Average Initial Investment: $350,450

Initial Training Hours: 80

Growth rate: –14%

Continuity: 47%

Franchisor Support: B

Here are the rest of Forbes worst franchises:

Forbes Worst Franchises with $150,001 – $500,000 Investments

(With #1 being the worst)

#1 Dippin’ Dots

Concept:  Franchisees sell flash-frozen beads of ice cream, yogurt, sherbet and flavored ice at inline locations, carts and mobile units

#2 Steak Escape

Concept:  Franchisees serve cheesesteaks, sandwiches and fresh-cut fries mostly at quickservice food court and airport locations

#3 Commission Express

Concept:  Franchisees works as a pay advance for realtors, turning unpaid commissions into cash.

#4 Cookies by Design

Concept:  Franchisees turn dough into “cookie bouquets” and gift baskets for holidays and various occasions.

#5 Dream Dinners

Concept:  Franchisees teaches in-person meal prep and sell measured ingredients for consumers to take home.

# 6 Avalar

Concept:  Franchisees provides training and HR support for expanding real estate and mortgage businesses.

#7  DreamMaker Bath & Kitchen

Concept:  Franchisees offer remodeling plans and provides financing in some locations.

# 8 Golf Etc.

Concept:  Franchisees operate golf stores that sell and repair golf equipment

#9 Samurai Sam’s Teriyaki Grill (Kahala)

Concept:  Franchisees operate quickservice Japanese cuisine in strip center and mall locations

#10 Great Steak & Potato Company (Kahala)

Concept:  Franchisees sell cheese steak & potatoes in mall and strip centers quickservice units

See all Forbes Worst Franchises here: 

America’s Best And Worst Franchises

ARE YOU FAMILIAR WITH THE GREAT STEAK & POTATO COMPANY FRANCHISE OPPORTUNITY?  DO YOU THINK IT’S ONE OF THE WORST FRANCHISES… OR NOT? SHARE A COMMENT BELOW.

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