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Updated RecentlySteak-Out vs Madisons New York Grill & Bar Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steak-Out vs Madisons New York Grill & Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $271,000 - $453,000 | $175,000 - $500,000 |
| Franchise Fee | $30,000 | $30,000 - $40,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1986 | 0 |
| Year Franchised | 1988 | 0 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $12.5K | - |
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/Yes | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Ad slicks, National media | - |
| Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 30 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | No | No |
Company Overviews
About Steak-Out
Franchising since 1988, Steak-Out Franchising Inc. CEO Don Harkleroad knows a lot about home meal replacement. Steak-Out offers delivery franchises in the Southeast, Mid-Atlantic and Midwest. The privately held company offers both multi-unit opportunities and exclusive areas for growth.
About Madisons New York Grill & Bar
Madisons, an immediate reference to the Big Apple. The city that never rests, characterizes patterns, form where everything happens. Madisons is putting forth it to its visitors in an inviting stylistic theme, brimming with life and complexity while never going over the edge.
To appreciate a Top quality steak, matured for no less than 28 days for streamlined delicacy and taste, consummately barbecued, Madisons is the place.
Our popular Babyback ribs, only from pork raised actually without included hormones or anti-infection agents, are so delicate the meat litterally fall of the bones.
Mind boggling plates of mixed greens, crisp fish, extraordinary sandwiches and a bar with its own feeling are the same number of more motivations to appreciate Madisons.
Consistently, committed proprietors and workers convey on our guarantee;
The vibe great Steakhouse!