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Below is an in-depth analysis and side-by-side comparison of Erbert & Gerbert's Subs & Clubs 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 | $191,014 - $397,535 | $190,200 - $1,300,000 |
Franchise Fee | $30,000 | $25,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | - |
Year Founded | 1987 | 1982 |
Year Franchised | 1992 | 1983 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Attitude determines your altitude in life and in Franchising as well. You need a willingness to work hard, some business acumen and you have to enjoy working with people. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | 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 | We provide training to cover every aspect of your shop. This includes food prep, guest service, staff relations, business management - basically everything you need to open an E&G. On-The-Job Training: 112 hours Classroom Training: 35 hours Additional Training: At corporate restaurant | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app | - |
Operations |
Number of employees needed to run franchised unit: 20-30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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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 | No | Yes |
Erbert & Gerbert's Sandwich Shop is a quick service restaurant serving up the best sandwiches on the planet. In a complicated and fast-paced world, our operation is simple, proven, efficient and easily trainable. We are a franchise you can be proud to operate. Our uniquely flavorful sandwiches are unequaled in quality, freshness and consistency. Our unique and engaging brand is growing strong and seeking ambitious, talented and committed individuals experienced in business or restaurant management who are ready to develop their future with a proven and established system.
What's Special About Erbert & Gerbert's?
-Unique Story Line with Core Values
Relevant for today's fast casual sandwich sector customers
-Best in Class Food with bold flavors differentiating our products
-Best Practices Operations with simple, easy to train methods
-Delivery & Catering Systems trained and reinforced in Operations
-Unparalleled Product Development keeping us at the forefront of menu innovation
-Preferred Lender Network for your financing
-Year after Year of Positive Same Store Sales Growth
-High Gross Revenue to capitalized cost ratio
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.