Hardee's vs Steaks To Go Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hardee's vs Steaks To Go including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Hardee's Franchise
Steaks To Go Franchise
Investment $1,454,000 - $2,046,000$110,000 - $150,000
Franchise Fee $25,000 - $35,000$24,500
Royalty Fee 4%$250/wk. or 3%
Advertising Fee 5.5%-
Year Founded 19611990
Year Franchised 19621995
Term Of Agreement 20 years5 years
Term Of Agreement 20 years5 years
Renewal Fee Varies-


Business Experience Requirements
 
Hardee's Franchise
Steaks To Go Franchise
Experience
  • Industry experience
  • General business experience
  • Preferable operational experience in a restaurant, but will consider people who have owned their own business
    		• -

    Financing Options
     
    Hardee's Franchise
    Steaks To Go Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Hardee's Franchise
    Steaks To Go Franchise
    Training Available at franchisee's location, 8 weeks management training & at grand opening-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesGrand opening, Internet, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed.

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Hardee's Franchise
    Steaks To Go Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Hardee's

    Hardee's was founded in 1960 by Wilbur Hardee and has grown to more than 2,000 restaurants around the world. CKE Restaurants acquired Hardee's in 1997 and now, along side Carl's Jr., Hardee's is part of one powerful concept with two global banners. Hardee's is a platform for success for operators around the world. Over the years, Hardee's has continued its growth with an emphasis on quality, service, and cleanliness, pioneering concepts such as partial table service and self-serve beverage bars. The introduction of our Fresh Baked Buns™ in 2013 and our All Natural Burger™ in 2015 confirm our constant emphasis on product innovation and represent our focus on satisfying the tastes of young, hungry consumers.

    ""    "Entrepreneur

    "franchiserankingscom"
    #74 on Franchise Rankings.com
    #79 in Franchise 500 for 2020.
    #269 in Franchise 500 for 2021.






    About Steaks To Go

    NO LONGER FRANCHISING

    Steaks To Go was established in 1990 by Daniel Okonta. The Murfreesboro, Tennessee-based organization fused the Steaks To Go Franchise Company Inc. in 1994 and started diversifying in 1995. The organization offers both single eatery units and region improvement assentions, which take into consideration a predetermined domain. Steaks To Go has areas in the United States and Canada.