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Updated RecentlyThe Steak Escape vs Conway's BBQ Franchise Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs Conway's BBQ Franchise 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 | $75,000 - $145,000 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1982 | - |
| Year Franchised | 1983 | - |
| Term Of Agreement | 20 years | 20 years +10+10 |
| Term Of Agreement | 20 years | 20 years +10+10 |
| 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 | - | Franchisees, and their designated managers must attend and successfully complete the training program. The cost of this initial training is included in your Franchise Fee. Franchisees pay their own costs of transportation, lodging and meals. |
| 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 | - | - |
| 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 Conway's BBQ Franchise
Bar be cue These are fighting words for fanatics of that all-American pig-out food.
Barbecue lovers from different regions of the country are passionate about the meats, sauces, cooking methods and side dishes that constitute the best 'cue.Conway's can cater your next event. Whether it is a family reunion, a business gathering or any other special event you have in mind. Conway's can come to you or you can pick up your party at one of our locations. We have several packages to offer you. Stop in today, have some great BBQ and ask us for more information on all our services
* Full or Quick Service - Come on in and have some great 'cue. Our friendly staff will be glad to serve you Conway's to-go or you can relax in our dining room. This is not just another fast food joint. Take-Out Menus available at all locations.
* On Site Catering - We come to you with our state of the art smokers with all the BBQ supplies needed for a great 'Cue party experience. Conway's also has the solution to your event catering & planning.
* BBQ In A Box - Southern BBQ delivered to your home or business. The ultimate power lunch or dinner. Fax in your order. Forms and all the package information is available on our web site or at any of our convenient Orlando area locations.
* Franchise Opportunities - Would you like to own a Conway's Franchise? Are you a dynamic individual looking for a great and unique business opportunity? A Conway's franchise may be right for you. Conway's offers qualified individuals the opportunity to prosper with a unique restaurant concept and a highly efficient business system.