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Updated RecentlySteaks To Go vs Slim Chickens Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steaks To Go vs Slim Chickens 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 | $841,900 - $1,739,000 |
| Franchise Fee | $24,500 | $15,000 |
| Royalty Fee | $250/wk. or 3% | 5% |
| Advertising Fee | - | 1.5% |
| Year Founded | 1990 | 2003 |
| Year Franchised | 1995 | 2011 |
| 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 Slim Chickens
Our roots run deep in the Delta where the food is honest, meals are social, and the door is always open. We started with a mission to bring a dose of that southern hospitality to a fast, casual setting - serving Fresh Delicious Chicken® to the communities we serve.
Our startup story is pretty simple. It all started with a craving for a quick, quality meal - fresh chicken cooked to order. The founders, Greg Smart and Tom Gordon, discovered there was a niche to fill and rallied where lots of great startups begin, from their garage! Tireless testing and a laser-focused vision launched the first
Slim Chickens restaurant in Fayetteville, Arkansas, 2003. Now, tens of thousands of happy customers later, we know that there’s something special about our hand-breaded chicken tenders, fresh hot chicken sandwiches, made-to-order wings and our house-made dipping sauces that keep our loyal fans coming back…over and over again.
Our service model sets us apart from quick service restaurants. Whether you’re dining in, driving through, or carrying out, our people will greet you with a warm smile and a desire to please. When dining in, we bring your food to your table and provide you with that extra touch of hospitality. We strive to return that enthusiasm by giving back to the communities we serve - helping local non-profits with fundraisers, donating food to community events, and doing everything we can to improve the lives of people in the communities where we live and work.
The initial investment necessary to begin operation of a single Slim
Chickens franchise ranges from $841,900 to $1,739,000. This includes
$15,000 that must be paid to the franchisor as initial franchise fees.
If you sign a Development Agreement to develop multiple Restaurants, you
will have to pay the franchisor a territory fee equal to $15,000
multiplied by the total number of Restaurants to be developed. The
franchisor does not have a minimum number of Restaurants you would need
to develop to sign a Development Agreement.