| ||||
Updated RecentlyThe Steak Escape vs Cianci European Eatery Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs Cianci European Eatery including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $190,200 - $1,300,000 | $356,000 - $508,000 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1982 | 1998 |
| Year Franchised | 1983 | 2005 |
| Term Of Agreement | 20 years | 20 years |
| Term Of Agreement | 20 years | 20 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | ||
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | - | - |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | - | Co-op advertising, Ad slicks |
| 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) |
Number of employees needed to run franchised unit: 15 - 15
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
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.
About Cianci European Eatery
Delectable cuisine born in the bustling, bistros of Europe. A palate nurtured in the healthy eateries of a burgeoning American marketplace. This is the inspiration for Cianci European Eatery. Created by founder Laura Cianci, and opened in 1998, the European Eatery offers customers the unique combination of a sumptuous healthy menu, with the warm and inviting feel of a European bistro. It will offer you one of the most exciting and successful new concepts in the world of franchising today. Cianci European Eatery is a proven concept, with unlimited potential. It will give you the opportunity to build a successful business with a time investment of just 10 hours per day while capturing a profitable niche in a rapidly growing marketplace. We're currently opening new, untapped markets, exclusive territories and great opportunities for the right franchise partners. Don't miss this opportunity to get a taste of a healthy bottom line. Your success is our number one priority. That's why we stand poised to provide you with the systems and resources you'll need to grow a successful operation. We have assembled a top team of experts in operations, training, marketing and development. From the day you begin working with Cianci, through development, grand opening and growth, we'll be there to support your needs and growth.