Steaks To Go vs Dave's Hot Chicken Franchise Comparison

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

Start-Up Costs and Fees
 
Steaks To Go Franchise
Dave's Hot Chicken Franchise
Investment $110,000 - $150,000$419,800 - $2,386,500
Franchise Fee $24,500N/A
Royalty Fee $250/wk. or 3%-
Advertising Fee --
Year Founded 19902018
Year Franchised 19952018
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Steaks To Go Franchise
Dave's Hot Chicken Franchise
Experience --

Financing Options
 
Steaks To Go Franchise
Dave's Hot Chicken 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
Dave's Hot Chicken 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
Dave's Hot Chicken Franchise
US Expansion -Yes
Canada Expansion NoYes
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 Dave's Hot Chicken

"Daves

From its humble beginnings as a parking lot pop-up to a brick and mortar sensation with lines consistently around the block, Dave's can't keep up from its throngs of hot chicken fanatics. Dave's Hot Chicken is currently seeking experienced multi-unit restaurant operators. Prime territories are available throughout the country.

The total investment necessary to begin operation of a Dave’s Hot Chicken Restaurant (including non-traditional Restaurants) franchised business is between $419,800 and $861,500. This includes $30,000 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of a Dave’s Hot Chicken Restaurant franchised business that has a drive-thru and pickup window is between $1,102,800 and $2,386,500. This includes $30,000 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of two Dave’s Hot Chicken Restaurants under an Area Development franchised business is between $839,600 and $4,773,000. This includes $60,000 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of ten Dave’s Hot Chicken Restaurants under an Area Development franchised business is between $4,198,000 and $23,865,000. This includes between $300,000 and $335,000 that must be paid to the franchisor or its affiliate(s).