Firehouse Subs vs The Steak Escape Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Firehouse Subs vs The Steak Escape including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Firehouse Subs Franchise
The Steak Escape Franchise
Investment $57,502 - $868,696$190,200 - $1,300,000
Franchise Fee $20,000$25,000
Royalty Fee 6%6%
Advertising Fee 3-5%-
Year Founded 19941982
Year Franchised 19951983
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee --


Business Experience Requirements
 
Firehouse Subs Franchise
The Steak Escape Franchise
Experience 1. Minimum of $80k to invest 2. Credit score of 650+ 3. Strong inner drive for excellence 4. Devotion to your Firehouse Subs business 5. Motivated and community-minded 6. Must love subs!
  • General business experience
    		•

    Financing Options
     
    Firehouse Subs Franchise
    The Steak Escape Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/NoNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Firehouse Subs Franchise
    The Steak Escape Franchise
    Training --
    Support -Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
    Marketing --
    Operations - International franchisees required to buy multiple units/master licenses

    Number of employees needed to run franchised unit: 20 - 25

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    Expansion Plans
     
    Firehouse Subs Franchise
    The Steak Escape Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion YesYes

    Company Overviews

    About Firehouse Subs

    Our extraordinary steaming procedure stirs our exceptional meats and cheeses. At the point when our sub sandwiches are served in eateries highlighting genuine firefighting stylistic layout, this is a blend people return for over and over.
    Spreading Like Wildfire
    Surpassing 1,000 establishment areas, our Firehouse Subs development is deliberately figured to improve potential, gain, speculation, and obviously, our franchisees' prosperity.
    Operational Excellence

    With an always developing history of inventive items, an emphasis on uncommon client benefit, and a stand-out brand character, Firehouse Subs is focused on building benefit for franchisees.

    Enjoy More Subs Save More Lives

    The total investment necessary to begin operation of a single Firehouse Subs Restaurant ranges from $57,502 to $862,591 for Traditional restaurants; $355,118 to $644,047 for End-Cap Strip Mall Restaurants w/ Drive Thru; and $868,696 for Free-Standing Restaurants w/ Drive Thru. These totals include the following amounts that must be paid to the franchisor or their affiliates: an initial franchise fee of $20,000; the fee for a mural ranges from $3,000 to $4,600; and the MIS System Fee ranges from $0 to $1,200.
    If you sign an Area Development Agreement, you will also pay a Development Fee equal to $10,000 times the number of Restaurants to be developed. The portion of the Development Fee allocable to each Restaurant (which is $10,000 for each Restaurant) will be credited against the initial franchise fee for that Restaurant. The total investment necessary to develop from 2 to 5 Restaurants is $89,502 to 930,591 for Traditional Restaurants; $387,118 to $712,047 for End-Cap Strip Mall Restaurants / Drive Thru; $900,696 to $936,690 for Free-Standing Restaurants w/ Drive Thru.

    Veteran Incentives  $2,000 off first-store franchise fee
    "Entrepreneur
    #59 in Franchise 500 for 2020.
    #78 in Franchise 500 for 2021.






    About The Steak Escape

    The Steak Escape was established in Columbus, Ohio, in 1982 by Ken Smith and Mark Turner. One year later, Escape Enterprise Ltd. was formed, and Steak Escape started franchising mall sites, as well as locations in college campuses, airports and sports arenas. The privately held company specializes in genuine Philadelphia cheesesteaks and operates in more than 30 states as well as overseas.