The Steak Escape vs Primo Hoagies Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Primo Hoagies Franchise
Investment $190,200 - $1,300,000$215,500 - $554,500
Franchise Fee $25,000$15,000
Royalty Fee 6%6%
Advertising Fee -2%
Year Founded 19822002
Year Franchised 19832002
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
The Steak Escape Franchise
Primo Hoagies Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    The Steak Escape Franchise
    Primo Hoagies 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-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    The Steak Escape Franchise
    Primo Hoagies Franchise
    Training - On-The-Job Training: 112 hours Classroom Training: 8 hours
    Support Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsPurchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing - Co-op Advertising Ad Templates National Media 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)

    -

    Expansion Plans

     
    The Steak Escape Franchise
    Primo Hoagies Franchise
    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 Primo Hoagies

    We are very enthused and excited to be able to offer, to certain qualified individuals, an opportunity to purchase one of a limited number of PrimoHoagies franchises. Our venture into franchising has been made possible, and somewhat necessitated, by an increasingly hard to manage workload at our existing locations. This is the result of a growing recognition and demand for our product in the outlying areas of Philadelphia.
     
    This offer presents the opportunity to own and operate your own business, with the security of having a name and product recognition that is well established, along with a formula that has proven to be greatly successful. Through on-going consultation, you will benefit greatly from the knowledge and expertise provided by the people who originated PrimoHoagies and subsequently established it as one of the most popular retail food institutions throughout the area and beyond.  
     
     
    We enthusiastically believe that our unique and diverse menu, along with our widespread reputation for unconditional quality, will be a springboard for success in this franchise opportunity. We will not, however, make any claims of instant prosperity based solely on the reputation that Primo has established up to this point. The end result will ultimately depend on your diligent work and total commitment to achieve success in your business and eventually reap the benefits of your accomplishments.

    Seeking franchisees for strategic national growth.
    Veteran Incentives  10% off franchise fee