Steaks To Go vs Fulton Market Burger Company Franchise Comparison

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

Start-Up Costs and Fees

 
Steaks To Go Franchise
Fulton Market Burger Company Franchise
Investment $110,000 - $150,000$275,000 - $405,000
Franchise Fee $24,500$15,000
Royalty Fee $250/wk. or 3%4%
Advertising Fee -2%
Year Founded 19901999
Year Franchised 19952004
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee --


Business Experience Requirements

 
Steaks To Go Franchise
Fulton Market Burger Company Franchise
Experience --

Financing Options

 
Steaks To Go Franchise
Fulton Market Burger Company Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Steaks To Go Franchise
Fulton Market Burger Company Franchise
Training --
Support Grand opening, Internet, Field operations/evaluations-
Marketing --
Operations

Number of employees needed to run franchised unit: 10

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

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Expansion Plans

 
Steaks To Go Franchise
Fulton Market Burger Company Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

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.

About Fulton Market Burger Company

As an effective business operator, you wish to minimize risk and maximize profit. That is exactly what successful franchising is all about. Franchised businesses have a higher success rate than independent businesses. This is a fact. It is generally accepted that an estimated 40% of all non-franchised businesses do not make it to the end of their first year of operation, and 80% will fail within their first five years of operation. And even the 20% that do manage to survive are not safe, as 90% of them will fail within the next five years. In most cases this is not due to lack of revenues and its mostly based on lack of experience, support and management skills. By joining a Franchise, franchisees can benefit from the Brand marketing, purchasing power and management expertise offered by well-established franchisors. This is particularly attractive to those persons entering the highly competitive food service industry for the first time. As a result of the positive interaction between franchisee and franchisor, our restaurant owner/operators are much more likely to be financially successful than were they to enter the industry as independent restaurateurs.