Franchising since 1976 · 11 locations
The total investment to open a Bennigan's/ Steak and Ale franchise ranges from $750,000 - $1.5M. The initial franchise fee is $50,000. Ongoing royalties are 5% plus a 1% advertising fee. Bennigan's/ Steak and Ale currently operates 11 locations (11 franchised). PeerSense FPI health score: 26/100.
$750,000 - $1.5M
$50,000
11
11 franchised
Proprietary PeerSense metric
LimitedActive capital sources verified for Bennigan's/ Steak and Ale financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
Growing (10-24 loans)
SBA Default Rate
25.0%
3 of 12 loans charged off
SBA Loans
12
Total Volume
$11.7M
Active Lenders
12
States
9
The Bennigans Steak And Ale franchise represents a compelling opportunity within the enduring full-service restaurant segment, tapping into a rich heritage that resonates deeply with diners seeking a blend of classic American hospitality and a menu centered on quality fare. This distinct brand, known for its inviting atmosphere and a commitment to delivering a memorable dining experience, positions itself at the intersection of casual comfort and an elevated culinary offering, distinguishing it from the broader casual dining landscape. With a strategic focus on providing generous portions of well-prepared steaks, succulent seafood, and a diverse array of traditional American favorites, the brand aims to capture a significant share of the market from patrons who appreciate both value and a consistently high-quality meal. The concept’s foundation draws upon the nostalgic appeal of a bygone era of American dining, where a warm welcome and robust flavors were paramount, creating an environment that encourages repeat visits and fosters strong community ties. This carefully cultivated ambiance, often characterized by rustic charm, comfortable seating, and attentive service, sets the stage for a dining occasion that transcends mere sustenance, transforming it into a social event. As a full-service establishment, the Bennigans Steak And Ale franchise caters to a wide demographic, from families seeking a celebratory meal to business professionals looking for a relaxed yet refined lunch, and couples enjoying an evening out. The meticulous attention to detail in both menu creation and guest service underlines the brand's dedication to operational excellence and customer satisfaction, which are critical drivers in the highly competitive full-service restaurant market. The concept's evolution has been guided by a clear vision to offer a compelling alternative to more generic dining options, emphasizing signature dishes and
FPI Score
26/100
SBA Default Rate
25.0%
Active Lenders
12
Key performance metrics for Bennigan's/ Steak and Ale based on SBA lending data
SBA Default Rate
25.0%
3 of 12 loans charged off
SBA Loan Volume
12 loans
Across 12 lenders
Lender Diversity
12 lenders
Avg 1.0 loans per lender
Investment Tier
Premium investment
$750,000 – $1,500,000 total
Estimated Monthly Payment
$7,764
Principal & Interest only
Bennigan's/ Steak and Ale — unit breakdown
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