Steaks To Go vs Locos Grill & Pub Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Steaks To Go vs Locos Grill & Pub including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Steaks To Go Franchise
Locos Grill & Pub Franchise
Investment $110,000 - $150,000$575,400 - $1,960,000
Franchise Fee $24,500$35,000
Royalty Fee $250/wk. or 3%4%
Advertising Fee --
Year Founded 19901988
Year Franchised 19951997
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee --


Business Experience Requirements
 
Steaks To Go Franchise
Locos Grill & Pub Franchise
Experience -
  • Customer service skills
    		•

    Financing Options
     
    Steaks To Go Franchise
    Locos Grill & Pub Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Steaks To Go Franchise
    Locos Grill & Pub Franchise
    Training --
    Support Grand opening, Internet, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing -Co-op advertising, Ad slicks, National media, Regional advertising
    Operations

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 40

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Steaks To Go Franchise
    Locos Grill & Pub Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Steaks To Go

    NO LONGER FRANCHISING

    Steaks To Go was established in 1990 by Daniel Okonta. The Murfreesboro, Tennessee-based organization fused the Steaks To Go Franchise Company Inc. in 1994 and started diversifying in 1995. The organization offers both single eatery units and region improvement assentions, which take into consideration a predetermined domain. Steaks To Go has areas in the United States and Canada.

    About Locos Grill & Pub

     


    A lot of us grow up dreaming maybe we could own our own business one day. And a lot of us think about how fun it could be if that business was a restaurant. What keeps us from executing that dream? Money?

    Not knowing where to start? Not understanding what to do first, last and everything in between?

    Stop dreaming and take action! Become an owner/operator of Locos Grill & Pub.

    We will walk you through the entire process from site selection to design hiring and training a staff and be right beside you when you open and get comfortable being your own boss!

    With 33 years of experience, why would you go anywhere else?
    We LOVE what we do and invite you to be a part of the hospitality industry that is the backbone of country
    At Locos Grill & Pub, our goal is to provide each customer with a superior product, quality service and complete satisfaction. This philosophy also extends to our Franchise Owners. Locos Grill & Pub restaurant franchise offers a great opportunity for an investment, a career, or both. As a Locos Franchise Owner you will benefit from being part of a brand that has exhibited steady growth and success in a wide range of markets. When you become a Locos Franchise Owner, you become part of our family and receive extensive support from an amazing organization. Locos Franchise Company is backed by a talented team of individuals with a broad range of experience in the restaurant and franchise industry. We provide a comprehensive 10-week training program prior to opening, as well as pre-opening and post-opening employee training and assistance. A cornerstone of our concept is our on-going support program. We provide assistance to you 24 hours a day, 7 days a week. The Locos Grill & Pub management team has combined over 100 years of experience in the operation of successful restaurants and will provide on-going support to franchise restaurant owners.