Steaks To Go vs Red Robin Gourmet Burgers Franchise Comparison

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

Start-Up Costs and Fees
 
Steaks To Go Franchise
Red Robin Gourmet Burgers Franchise
Investment $110,000 - $150,000$1,865,000 - $4,115,000
Franchise Fee $24,500$35,000
Royalty Fee $250/wk. or 3%4%
Advertising Fee --
Year Founded 19901969
Year Franchised 19950
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Steaks To Go Franchise
Red Robin Gourmet Burgers Franchise
Experience --

Financing Options
 
Steaks To Go Franchise
Red Robin Gourmet Burgers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Steaks To Go Franchise
Red Robin Gourmet Burgers 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)

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Expansion Plans
 
Steaks To Go Franchise
Red Robin Gourmet Burgers Franchise
US Expansion -No
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 Red Robin Gourmet Burgers

Red Robin Gourmet Burgers was founded in 1969. It is a casual dining restaurant chain that serves up wholesome, fun, feel-good experiences in a family-friendly environment. Red Robin restaurants are famous for serving more than 22 high-quality gourmet burgers in a variety of recipes with Bottomless Steak Fries, as well as salads, soups, appetizers, entrees, desserts, and signature Mad Mixology Beverages. There are more than 360 Red Robin restaurants located across the United States and Canada, which include both corporate-owned locations and those operating under franchise or license agreements.

The initial franchise fee is $35,000. The total investment necessary to begin operation of a RED ROBIN® RESTAURANT ranges from $2,220,000 to $4,115,000 for a freestanding prototype building, or $1,865,000 to $3,635,000 for a standard-size, in-line space prototype or for a mid-size, in-line space prototype.
These ranges include the initial franchise fee of $35,000 that you must pay to the franchisor but does not include the cost of buying, building or renting the restaurant location and the cost to obtain a liquor license.

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