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Updated RecentlySteaks To Go vs Boneheads Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steaks To Go vs Boneheads 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 | $387,000 - $668,000 |
| Franchise Fee | $24,500 | $25,000 |
| Royalty Fee | $250/wk. or 3% | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 1990 | 2005 |
| Year Franchised | 1995 | 2005 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | 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 Boneheads
Wanted: Ambition that verges on insanity. You're the type of person who doesn't stop climbing just because you're on an escalator. You never hit rush hour because normal business hours don't apply to you. "Good enough" simply isn't good enough. Your goals change constantly because you always exceed them. Put simply, you're just what we're looking for. Apply your drive to owning your own Boneheads franchise. The team at Boneheads is committed to getting stuff done and we provide franchise partners with tools and support to make that happen. If you're ready to begin the Boneheads evangelical revolution in your neighborhood, we want to talk to you. Go ahead and fill out the preliminary application profile. We Offer: Quality, innovation, experience, passion and a support system that includes: * Great real estate (landlords call us first) including some Hot Locations * Multiple concepts * Project management * Financing available * Purchasing power across multiple concepts * Complete training * Operations expertise and ongoing support