Steaks To Go vs Farmer Boys Franchise Comparison

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

Start-Up Costs and Fees

 
Steaks To Go Franchise
Farmer Boys Franchise
Investment $110,000 - $150,000$1,042,500 - $2,486,500
Franchise Fee $24,500$45,000
Royalty Fee $250/wk. or 3%5%
Advertising Fee -3%
Year Founded 19901981
Year Franchised 19951997
Term Of Agreement 5 years20 years
Term Of Agreement 5 years20 years
Renewal Fee --


Business Experience Requirements

 
Steaks To Go Franchise
Farmer Boys Franchise
Experience -
  • Industry experience
  • General business experience

  • Financing Options

     
    Steaks To Go Franchise
    Farmer Boys Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Steaks To Go Franchise
    Farmer Boys Franchise
    Training -On-The-Job Training: 480 hours Classroom Training: 60 hours
    Support Grand opening, Internet, Field operations/evaluationsPurchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing - Co-op Advertising Ad Templates Regional Advertising Social media SEO Loyalty program/app
    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: 30

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


    Expansion Plans

     
    Steaks To Go Franchise
    Farmer Boys 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 Farmer Boys

    During the 1970s, brothers Makis and Chris Havadjias worked in restaurants to earn money for college. They helped the owners of one of those restaurants rebuild the establishment, and later bought it. With the experience they gained at that first restaurant, the brothers bought a poorly performing restaurant in Perris, California, that they built into Farmer Boys. With the help of their three other brothers, the Havadjias expanded Farmer Boys throughout Riverside and San Bernardino counties in Southern California. Each location serves hamburgers, sandwiches, salads and a full breakfast menu. The company began franchising in 1998.

    #128 in Franchise 500 for 2021. Not ranked in 2020.