| ||||
Updated RecentlyThe Steak Escape vs SmashHits Deli Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs SmashHits Deli 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 | $10,000 - $50,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 6% | 0 |
| Advertising Fee | - | 0 |
| Year Founded | 1982 | - |
| Year Franchised | 1983 | - |
| Term Of Agreement | 20 years | 5 years |
| Term Of Agreement | 20 years | 5 years |
| Renewal Fee | - | 0 |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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 |
||
| 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 |
||
| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | 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 SmashHits Deli
If your customers are craving something fresh, healthy, and innovative on-the-go, Smash Hit Subs is your answer. With 200 sub locations, our sub concept offers a robust menu featuring a wide selection of subs, wraps, salads, and soups. In addition to deli classics, we offer an exclusive "Under 400 Calories" line to capitalize on the most current trends. Our menus are also completely flexible, which allows our franchisees to offer the widest variety while maintaining targeted food costs. Our recipes also include cost of goods and photo training guides, to protect both your top and bottom line. We provide national marketing campaigns with new promotions every quarter, including high-impact advertising materials, exciting new product introductions, and limited-time offer options, whichever is better for your business. Our recipe is simple: Quality Products through Quality People. At Orion Food Systems, we have a great team that cares about creating the very best-tasting restaurant-quality food�"in addition to providing boutique-level service. When you partner with us, you'll receive a nimble, customizable food service solution as well as all of the training, marketing, and 24-hour support you'll need to be successful. Contact us at 1-877-841-1431 to learn how you can offer fresh & healthy options to your customers with a Smash Hit Subs franchise today!