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Updated RecentlySteaks To Go vs Bennett's Bar-B-Que Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steaks To Go vs Bennett's Bar-B-Que including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $110,000 - $150,000 | $1,200,000 - $2,000,000 |
| Franchise Fee | $24,500 | $35,000 |
| Royalty Fee | $250/wk. or 3% | 3.5% |
| Advertising Fee | - | - |
| Year Founded | 1990 | 1984 |
| Year Franchised | 1995 | 1989 |
| Term Of Agreement | 5 years | 20 years |
| Term Of Agreement | 5 years | 20 years |
| Renewal Fee | - | $5K |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | - | Ad slicks, 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) |
Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
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 Bennett's Bar-B-Que
Engelwood, Colorado-based Bennett's Bar-B-Que has operated full and quick-service barbecue restaurants since 1984. At its Western-themed full-service restaurants, the company offers a menu of beef brisket, ribs, pork, chicken, turkey, sausage and side dishes like barbecue beans and coleslaw. The quick-service locations serve select menu items in mall food courts and shopping centers.