Steaks To Go vs Wings Over... Franchise Comparison

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

Start-Up Costs and Fees
 
Steaks To Go Franchise
Wings Over... Franchise
Investment $110,000 - $150,000$207,875 - $493,875
Franchise Fee $24,500$20,000
Royalty Fee $250/wk. or 3%4%
Advertising Fee --
Year Founded 19902000
Year Franchised 19952002
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Steaks To Go Franchise
Wings Over... Franchise
Experience --

Financing Options
 
Steaks To Go Franchise
Wings Over... 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/Yes
Receivables No/NoNo/Yes
Payroll No/NoNo/Yes

Training & Support
 
Steaks To Go Franchise
Wings Over... Franchise
Training --
Support Grand opening, Internet, Field operations/evaluations-
Marketing --
Operations

Number of employees needed to run franchised unit: 10

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

-

Expansion Plans
 
Steaks To Go Franchise
Wings Over... 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 Wings Over...

First off; there are much easier ways to make money than owning a Wings Over (or any restaurant, for that matter). This is extremely hard work, but in the end it's very rewarding. You will work long days and, in the beginning, go weeks without a day off. You will get dirty and tired. But once your first store matures, you will be the best at something in your area and that is an amazing feeling!

The total investment necessary to begin operation of a Wings Over franchise is $207,875 to $473,875. This includes $30,000 that must be paid to the franchisor or their affiliate.
If you enter into a development agreement for the right to develop three Wings Over restaurants in a specified development area, the total investment necessary to begin operation of your first Wings Over restaurant is $227,875 to $493,875. This includes $50,000 that must be paid to the franchisor or their affiliate. If you commit to developing more than three restaurants, you will pay us $10,000 for each additional restaurant that you commit to developing.