Steaks To Go vs Jack in the Box Franchise Comparison

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

Start-Up Costs and Fees
 
Steaks To Go Franchise
Jack in the Box Franchise
Investment $110,000 - $150,000$1,651,500 - $2,638,600
Franchise Fee $24,500$50,000
Royalty Fee $250/wk. or 3%5%
Advertising Fee -5%
Year Founded 19901951
Year Franchised 19951982
Term Of Agreement 5 years20 years
Term Of Agreement 5 years20 years
Renewal Fee -1,651,500 to $2,638,600


Business Experience Requirements
 
Steaks To Go Franchise
Jack in the Box Franchise
Experience - *Multi-unit restaurant operations experience *Minimum liquidity of $750,000 *Minimum net worth of $1.5 million *Ability to acquire and/or develop at least 5 restaurants *Operating partner is an equity partner and resides in the desired market

Financing Options
 
Steaks To Go Franchise
Jack in the Box Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Steaks To Go Franchise
Jack in the Box Franchise
Training -On-The-Job Training: 183 hours Classroom Training: 110 hours
Support Grand opening, Internet, Field operations/evaluationsMeetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
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
Jack in the Box Franchise
US Expansion --
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 Jack in the Box

Jack in the Box is among the nation's leading fast-food hamburger chains, with more than 2000 quick-serve restaurants in 17 states. Jack in the Box Inc. (JACK) is offering a unique opportunity to franchise with one of the most popular brands in the quick-serve restaurant ("QSR") industry. The company's emphasis on operational efficiency and franchisee-focused value innovation has led JACK to become one of the most respected and sought after brands in the industry. The company is looking to establish relationships with select multi-unit franchise operators of non-competitive brands to franchise partial or whole markets as the brand approaches reaching its goal of being an 80% franchised chain. In select seed markets- Cincinnati, Indianapolis, Kansas City, Oklahoma City and Tulsa, growth starts with an acquisition. Franchise recently opened company restaurants and use these locations as a platform for future market development. Seeking new franchisees to develop Amarillo, Champaign, Little Rock, Louisville and Salt Lake City. New Market Development Program: Royalty fees reduced, franchise fee waived, up to 75% of advertising fee invested into local marketing. Restrictions apply and development fees still applicable.

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