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Updated RecentlySteak-Out Franchise
Home meal replacement specializing in grilled entrees
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.
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How much does it cost to open a Steak-Out Franchise?
The investment required to open a Steak-Out Franchise is between $271,000-$453,000. There is an initial franchise fee of $30,000 which grants you the license to run a business under the Steak-Out name.
Individual Unit Costs
- Initial Investment:
$271,000-$453,000 - Initial Franchise Fee:
$30,000 - Royalty Fee:
5% - Advertising Fee:
N/A - Term of Agreement:
10 years - Renewal Fee:
$12.5K
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When he discovered that Steak-Out was out of Prattville, Andy Nelms bought in.
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Nelms, a regular Steak-Out customer, was so upset when the restaurant closed in Prattville that he bought the local franchise so he could reopen it.
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Meat lovers across the U.S. are licking their chops in anticipation of Steak-Out Char-Broiled Delivery's newest limited time menu item - "The Ribasaurus", a 22 oz. Bone-In Ribeye Steak. Beginning April 20, the promotion will run for ten weeks in select markets.
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Steak-out Targets Missouri For Expansion
Steak-Out, the nation's largest char-broiled delivery system, specializing in healthy, home-style meals for more than 18 years, recently announced plans to open 45 locations throughout the St. Louis area over the next 10 years, creating more than 35 jobs at each location.
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Introducing New Bbq Pepper Jack Burger & Chicken Sandwich
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Steak-out - The Nation's Largest Full Meal Delivery System, Greets The New Millennium With 100 Stores
Steak-Out Franchising, Inc. - the nation's largest full-meal delivery system - is announcing 'meaty' plans that will soon catapult the number of Steak-Out units over the 100-store milestone: the opening of new metropolitan markets in this Millennial Year and its continued success in its already esta...
Steak-Out News & Press Releases
When did Steak-Out start Franchising? 1988
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 74 | 0 | 0 | 3 |
| 2004 | 66 | 0 | 0 | 3 |
| 2003 | 62 | 0 | 0 | 4 |
| 2002 | 66 | 0 | 0 | 2 |
| 2001 | 78 | 0 | 0 | 2 |
United States: Alabama, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Missouri, Mississippi, North Carolina, New Jersey, New York, Ohio, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, West Virginia,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | No |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): the SBA
Other Financing Source(s): Leasehold improvements
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Ad slicks, National media
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)
Business Experience:
To calculate how much income a franchise owner can do at Steak-Out Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Steak-Out and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Steak-Out franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Steak-Out
Steak-Out Franchising Inc.
3850 Holcomb Bridge Rd
Norcross,
GA
30092