Bennigan's/ Steak and Ale
Bennigan’s Franchising Company, LLC offers franchises for Irish-themed full-service restaurants under the BENNIGAN’S brand, including Standard restaurants and ON-THE-FLY formats for nontraditional locations like airports and malls, as well as STEAK AND ALE traditional steak house-themed restaurants. These establishments provide moderately-priced meals such as steaks, prime rib, seafood, chicken, salads, sandwiches, and a full bar, operating on a franchise model where operators pay initial fees and develop locations. The target market includes casual diners seeking affordable, themed dining experiences in various settings.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
5% royalty + 1% brand development fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How Bennigan's/ Steak and Ale Compares to Other Casual Dining Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Bennigan's/ Steak and Ale Current | $1.1M - $3.7M | $50K | 5.0% | 10 |
| IHOP & INTERNATIONAL HOUSE OF PANCAKES | $1.8M - $4.5M | $69K | N/A | 1,703 |
| BUFFALO WILD WINGS | $2.5M - $4.9M | $25K | 5.0% | 538 |
| GOLDEN CORRAL STEAKS, BUFFET & BAKERY | $2.1M - $8.5M | $50K | 4.0% | 352 |
| GOLDEN CORRAL | $2.2M - $8.7M | $50K | 4.0% | 348 |
| ORIGINAL PANCAKE HOUSE (THE) | $483K - $1.7M | $60K | 2.0% | 146 |
Casual Dining Average 43 franchises | $1.6M - $3.6M | $44K | 4.6% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 Casual Dining franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for Bennigan's/ Steak and Ale franchisees (2012 - 2016)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Bennigan's/ Steak and Ale franchise?
The total initial investment to open a Bennigan's/ Steak and Ale franchise ranges from $1,070,815 to $3,658,945. This includes a franchise fee of $50,000. Ongoing royalty fees are 5.0% of gross sales.
How many Bennigan's/ Steak and Ale franchise locations are there?
As of the 2024 FDD, Bennigan's/ Steak and Ale has 10 franchise locations. The company has been franchising since 2009.
Can you get an SBA loan for a Bennigan's/ Steak and Ale franchise?
Yes, SBA loans are available for Bennigan's/ Steak and Ale franchises. Historical data shows 4 SBA 7(a) loans have been approved for Bennigan's/ Steak and Ale franchisees, with an average loan amount of $1,187,950. The historical default rate is 0.0%.
Is Bennigan's/ Steak and Ale a good franchise to buy?
Bennigan's/ Steak and Ale shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Bennigan's/ Steak and Ale?
Talk to a franchise advisor to get personalized guidance and learn if Bennigan's/ Steak and Ale is the right fit for you.
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