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Rates
Bennigan's/ Steak and Ale

Bennigan's/ Steak and Ale

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.

Investment

$750,000 - $1.5M

Franchise Fee

$50,000

Total Units

11

11 franchised

FPI Score
Medium
26

Proprietary PeerSense metric

Limited
Capital Partners
12lenders available

Active 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

FPI Score Breakdown

Growing (10-24 loans)

Medium Confidence
26out of 100
Limited

SBA Lending Performance

SBA Default Rate

25.0%

3 of 12 loans charged off

SBA Loans

12

Total Volume

$11.7M

Active Lenders

12

States

9

What is the Bennigan's/ Steak and Ale franchise?

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 Highlights

Data Insights

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

Payment Estimator

Loan Amount$600K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$7,764

Principal & Interest only

Locations

Bennigan's/ Steak and Aleunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Bennigan's/ Steak and Ale