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Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs The Sawmill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $190,200 - $1,300,000 | $1,000,000 |
Franchise Fee | $25,000 | $50,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1982 | 1976 |
Year Franchised | 1983 | 2004 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 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 | 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 |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
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.
Sawmill Prime Rib & Steak House clientele expect the best and are willing to compensate with a higher than average guest cheque. This is an important consideration when comparing franchise options.
We are 100% behind our Franchisees and totally committed to their success. Comprehensive training is provided and all details are addressed to ensure efficient operations in front and back of house.
Our screening process is thorough and comprehensive to ensure that your experience and business acumen are the right fit to assure mutual success in years to come.