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Below is an in-depth analysis and side-by-side comparison of D'Angelo Grilled Sandwiches vs The Steak Escape including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $391,000 - $556,000 | $190,200 - $1,300,000 |
Franchise Fee | $20,000 | $25,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | - |
Year Founded | 1967 | 1982 |
Year Franchised | 1988 | 1983 |
Term Of Agreement | 20 years | 20 years |
Term Of Agreement | 20 years | 20 years |
Renewal Fee | $10K | - |
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 | No/No |
Start-up Costs | No/Yes | 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 | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 77% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (77% of current franchisees are owner/operators) |
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 | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
On March 1, 1967, "Ma Riva's Sub Shop" in Dedham, Massachusetts opened its doors. The philosophy was simple: put the best quality meats, cheese, and ingredients in the freshest breads, and serve it in a quick, friendly way. Later the name was changed to Angelo and then added the letter D for delicious. And D'Angelo would serve as a pioneer in lunch offerings, making it possible for guests on the go to enjoy delicious, healthy options like fresh salads and Syrian pockets, made to order. In August of 1997, Papa Gino's Holdings Corporation, the parent company of Papa Gino's, acquired D'Angelo, creating an unparalleled combination in the quick service restaurant industry. Today, the D'Angelo menu includes over 44 sandwiches as well as a variety of soups and fresh-made salads. Together, D'Angelo and Papa Gino's share a commitment to provide high-quality products, attentive service, clean, convenient, attractive restaurants, and a premium value experience for every guest. With more than 200 D'Angelo Grilled Sandwiches restaurants and nearly 170 Papa Gino's restaurants, they serve more than 50 million guests every year, enjoying tremendous loyalty from both employees and guests.
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.