Steaks To Go vs Popeyes Louisiana Kitchen Franchise Comparison

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

Start-Up Costs and Fees
 
Steaks To Go Franchise
Popeyes Louisiana Kitchen Franchise
Investment $110,000 - $150,000$383,500 - $2,620,800
Franchise Fee $24,500$50,000
Royalty Fee $250/wk. or 3%5%
Advertising Fee -4%
Year Founded 19901972
Year Franchised 19951976
Term Of Agreement 5 years20 years
Term Of Agreement 5 years20 years
Renewal Fee -$15000


Business Experience Requirements
 
Steaks To Go Franchise
Popeyes Louisiana Kitchen Franchise
Experience --

Financing Options
 
Steaks To Go Franchise
Popeyes Louisiana Kitchen 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
Popeyes Louisiana Kitchen Franchise
Training -Classroom and in-restaurant training
Support Grand opening, Internet, Field operations/evaluationsThe Popeyes Business Support Center provides state-of-the-industry franchise support for our franchisees. Everything from site acceptance to training to marketing support is just a phone call away. To help with opening your restaurant, you'll receive support from the experts on our Market Development Team. Prior to opening your restaurant, you'll attend a training program at our state-of-the-art facility in Atlanta. We'll also send a team to help train the staff of your new restaurant. Once your restaurant is open, you'll be assigned a single point of contact from our Franchise Support Team who will help you choose and implement business-building programs. These programs are designed by the experts in their field to provide tools to help and support you as you work to become a successful Popeyes franchisee. Additionally, we continue to develop and implement many in-restaurant operations improvements to deliver our delicious New Orleans-style menu to our customers more efficiently than ever before. We continuously evaluate our systems, from drive-thru to back office to production and point-of-sale to provide our franchisees the best programs available to support their restaurant operations.
Marketing --
Operations

Number of employees needed to run franchised unit: 10

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

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Expansion Plans
 
Steaks To Go Franchise
Popeyes Louisiana Kitchen Franchise
US Expansion --
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 Popeyes Louisiana Kitchen

Operating a successful franchise requires talent, dedication and a sincere commitment to the Popeyes brand name. Our goal as a company is and always has been to partner with the best people in each market - people with a proven track record in business. Because franchisees are so important to our success, we are looking to expand our relationship with qualified individuals who possess the right mix of expertise and enthusiasm. Our ideal candidates possess each of the following characteristics: * Solid business experience * Proven expertise in owning or operating restaurants * Previous franchise experience advantageous * Net worth of $500,000 ($250,000 liquid) per restaurant * Commitment to grow with Popeyes Louisiana Kitchen.

Seeking new franchise units in the U.S., Asia, Canada, Central America, Middle East, Mexico, South America and Western Europe


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#96 in Canada's Top franchises.
#4 in Franchise 500 for 2021.