The Steak Escape vs Lenny's Sub Shop Franchise Comparison

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

Start-Up Costs and Fees
 
The Steak Escape Franchise
Lenny's Sub Shop Franchise
Investment $190,200 - $1,300,000$188,216 - $396,146
Franchise Fee $25,000$20,000 - $25,000
Royalty Fee 6%6%
Advertising Fee -2%
Year Founded 19821998
Year Franchised 19832001
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
The Steak Escape Franchise
Lenny's Sub Shop Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    The Steak Escape Franchise
    Lenny's Sub Shop Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Steak Escape Franchise
    Lenny's Sub Shop Franchise
    Training -Our motto is More Food, More Taste, More Personality! - and that includes more training too. We do more than just give you our recipes and well wishes. Training begins the minute you sign your franchise agreement. You are given a self-paced study program to prepare you for our extensive classroom and restaurant training. After you learn the basics you get to experience a new restaurant opening with our operations team prior to opening your own restaurant. We guide you through every step to ensure you're ready to spread the "Lenny's magic" in your community. On-The-Job Training: 196 hours Classroom Training: 40 hours Additional Training: As needed
    Support Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsFrom the moment you sign on until after your store opens, we are with you every step of the way. We will assist you in site selection and building out your restaurant. We will train you in all aspects of operating your restaurant and our support doesn't stop once you start your business. From our prized recipe specifications, to our streamlined operations manual, to our ongoing operational support, we are here for you. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing -Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    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)

    		Absentee Ownership Allowed

    Number of Employees Required to Run: 8 - 10


    Expansion Plans
     
    The Steak Escape Franchise
    Lenny's Sub Shop Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    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 Lenny's Sub Shop

    Authentic Philadelphia-style sub shop featuring great subs and Philly Cheesesteaks, meats and cheeses sliced to order, extra large portions, fresh baked breads and cookies.
    Since opening in Memphis in 1998, Lennys Grill & Subs has been a stand-out franchise in the $21 billion-a-year sub sandwich category. Lennys Grill & Subs delivers on what consumers really want: delicious sandwiches made with authentic ingredients and an emphasis on customer service that inspires our guests to return time and time again.
    A Lennys Grill & Subs location works in just about any market and is an amazing business to own.

    Veteran Incentives  $5,000 off franchise fee
    "Top
    #50 in Gator's Top franchises.