Franchise opportunities compared
NAF NAF Middle Eastern Grill vs Steak n Shake Enterprises Traditional Franchise Program
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Before you compare
- NAF NAF Middle Eastern Grill figures come from its 2025 FDD and Steak n Shake Enterprises Traditional Franchise Program figures from its 2026 FDD, so the years differ.
- NAF NAF Middle Eastern Grill and Steak n Shake Enterprises Traditional Franchise Program disclose more than one business format, so the investment range spans formats; the full report breaks them out.
- Item 19 figures cover the location groups each FDD names (NAF NAF Middle Eastern Grill: 4, Steak n Shake Enterprises Traditional Franchise Program: 8). Different groups are not directly comparable.
| Disclosure | NNNAF NAF Middle Eastern Grill | SNSteak n Shake Enterprises Traditional Franchise Program |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $501,000 – $818,700 2025 FDD · Item 7 | $316,000 – $2,656,425 2026 FDD · Item 7 |
| Standard initial franchise fee (Item 5) | $30,000 2025 FDD · Item 5 · PDF p. 11 | Not available No single standard fee identified |
| Royalty (Item 6) | $5.00 Royalty 2025 FDD · Item 6 · PDF p. 13 | $5.00 Royalty and System Fee & License Fee 2026 FDD · Item 6 · PDF p. 19 |
| Brand / advertising fund (Item 6) | $1.00 Brand Fund contribution currently 2025 FDD · Item 6 · PDF p. 13 | $50 Custom Marketing Services: $50 to $135 per hour 2026 FDD · Item 6 · PDF p. 21 |
| System scale & health | ||
| Total outlets (Item 20) | Not available No reviewed outlet counts | Not available No reviewed outlet counts |
| Net outlet change (Item 20) | Not available Only one year reported | Not available Only one year reported |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Company-owned (16 locations) — other measures and revenue and EBITDA and costs $71,271 other Delivery commissions average · 2025 FDD · Item 19 · PDF p. 66 Locations counted not stated in the reviewed record — Franchisee-owned NAF NAF Restaurants open for 52 consecutive weeks in Fiscal Ye… $855,032 other Franchisee-owned Annual Net Sales Average · 2025 FDD · Item 19 · PDF p. 64 Locations counted not stated in the reviewed record — Company-owned NAF NAF Restaurants open for 52 consecutive weeks in Fiscal Year… $1,218,791 other Company-owned Annual Net Sales Average · 2025 FDD · Item 19 · PDF p. 64 +1 more groups in the full report | Locations counted not stated in the reviewed record — Traditional Franchise Restaurants 59 outlets other Traditional Franchise Restaurants sample size · 2026 FDD · Item 19 · PDF p. 75 Locations counted not stated in the reviewed record — Total Franchise Restaurants 214 outlets other Total Franchise Restaurants sample size · 2026 FDD · Item 19 · PDF p. 75 Locations counted not stated in the reviewed record — Franchise Partner Restaurants — Quartile 2 25.5 percent other Total Labor Cost as % of Net Sales · 2026 FDD · Item 19 · PDF p. 78 +5 more groups in the full report |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.