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Bennigan's/ Steak and Ale

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.

Since 2009Food & BeverageLauderdale-by-the-Sea, FLLegendary Restaurant Brands, LLCwww.bennigans.com
2024 FDDNo Item 19SBA Loan Data

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

Investment
$1,070,815 - $3,658,945
Franchise Fee
$50,000
Locations
10

Financial Requirements

Franchise Fee$50,000
Initial Investment Range$1,070,815 - $3,658,945
Royalty Rate5.00%
Brand Fund1.00%
0

5% royalty + 1% brand development fee

Franchise Stats

Franchise Locations10
Corporate Locations0
States Operating9
Franchising Since2009
FDD Year2024

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

FranchiseInvestment RangeFranchise FeeRoyaltyLocations
Bennigan's/ Steak and Ale
Current
$1.1M - $3.7M$50K5.0%10
IHOP & INTERNATIONAL HOUSE OF PANCAKES$1.8M - $4.5M$69KN/A1,703
BUFFALO WILD WINGS$2.5M - $4.9M$25K5.0%538
GOLDEN CORRAL STEAKS, BUFFET & BAKERY$2.1M - $8.5M$50K4.0%352
GOLDEN CORRAL$2.2M - $8.7M$50K4.0%348
ORIGINAL PANCAKE HOUSE (THE)$483K - $1.7M$60K2.0%146
Casual Dining Average
43 franchises
$1.6M - $3.6M$44K4.6%-

* 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

Top States by Outlet Count
1IA
4
2TX
3
3MI
1
4ND
1
5IL
1
6NJ
0
7OH
0
8FL
0

SBA Loan History

Historical SBA 7(a) loan data for Bennigan's/ Steak and Ale franchisees (2012 - 2016)

Total Loans
4
Average Loan Amount
$1,187,950
Total Loan Volume
$4,751,800
Default Rate
0.0%

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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3 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
2
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
0
System Transfers
0
Sold to Franchisees
0
Projected New Franchises
9

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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