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Below is an in-depth analysis and side-by-side comparison of Steaks To Go vs R. J. Boar's Barbeque 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 | $378,000 - $910,000 |
Franchise Fee | $24,500 | $35,000 |
Royalty Fee | $250/wk. or 3% | 4% |
Advertising Fee | - | - |
Year Founded | 1990 | - |
Year Franchised | 1995 | - |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 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 | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
R.J. Boar's Franchising Corp. is granting establishment understandings for R.J. Boar's Barbecue Restaurants to qualified people. The R.J.Boar's equation has earned honors for the member eateries on which the establishment units are designed according to. Jim and Ross Murty, principals of the establishment organization, have broad eatery and establishment encounter. Ross remarked, "We have won honors in the past in light of our customer ubiquity, yet I think we are as pleased with the eatery administration framework we have created for franchisees. Furthermore, I would prescribe to anybody purchasing an establishment that they painstakingly look at the working framework, since they will utilize it regular."