Steaks To Go vs Fat Patty's Franchise Comparison

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

Start-Up Costs and Fees

 
Steaks To Go Franchise
Fat Patty's Franchise
Investment $110,000 - $150,000$627,533 - $1,048,500
Franchise Fee $24,500$40,000
Royalty Fee $250/wk. or 3%-
Advertising Fee --
Year Founded 1990-
Year Franchised 1995-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Steaks To Go Franchise
Fat Patty's Franchise
Experience --Working capital of $750,000 with good credit -Solid business experience sales and business experience required -Knowledge of the trade area where the store will be located -Passion for service

Financing Options

 
Steaks To Go Franchise
Fat Patty's 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
Fat Patty's 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
Fat Patty's 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 Fat Patty's

Fat Patty’s opened its doors in 2007 beside the campus of Marshall University in Huntington, West Virginia. We now have 4 locations in West Virginia and Kentucky. The casual dining experience, along with our full bar and numerous large, flat-screen televisions, makes Fat Patty’s the best family friendly restaurant around. Our focus is on team growth, training and development, investing in our facilities, remodeling and involvement in our communities.