Quiznos vs The Steak Escape Franchise Comparison

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

Start-Up Costs and Fees
 
Quiznos Franchise
The Steak Escape Franchise
Investment $24,100 - $341,800$190,200 - $1,300,000
Franchise Fee $25,000$25,000
Royalty Fee 7%6%
Advertising Fee --
Year Founded 19811982
Year Franchised 19831983
Term Of Agreement 15 years20 years
Term Of Agreement 15 years20 years
Renewal Fee $1K-


Business Experience Requirements
 
Quiznos Franchise
The Steak Escape Franchise
Experience
  • Industry experience
  • General business experience

  • General business experience
    		•

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

    Training & Support
     
    Quiznos Franchise
    The Steak Escape Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
    Marketing Ad slicks, National media, Regional advertising-
    Operations 7% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10 - 15

    Absentee ownership of franchise is allowed.

    		 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
     
    Quiznos Franchise
    The Steak Escape Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Quiznos

    In the kitchen of Footer's Italian restaurant in Denver, the first Quizno's recipes were born. The owners of Footer's used the baguette-style bread, red-wine vinaigrette dressing and tuna salad created in their kitchen to establish their new venture, opening the first Quizno's in Denver in 1981. Nearly 20 years later, Quizno's has locations throughout the United States, Puerto Rico, Canada, the United Kingdom, Japan and Australia using the original recipes from Footer's kitchen. Restaurants also serve soups and salads.

    "Top
    #63 in Canada's Top franchises.




    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.