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Updated RecentlySteaks To Go vs Bandana's Bar-B-Q Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steaks To Go vs Bandana's Bar-B-Q including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $110,000 - $150,000 | $418,000 - $1,100,000 |
| Franchise Fee | $24,500 | $40,000 |
| Royalty Fee | $250/wk. or 3% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1990 | 1996 |
| Year Franchised | 1995 | 2004 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | - | 50% of current franchise fee |
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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | * Available at headquarters: 5 weeks * At franchisee's location: 10 days * As needed |
| Support | Grand opening, Internet, Field operations/evaluations | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives * Ad slicks * Regional advertising |
| Marketing | - | - |
| Operations |
Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| 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 Bandana's Bar-B-Q
The tradition began in September of 1996 when our first Bandana's
BAR-B-Q opened in Arnold, Missouri. Our mission remains the same, to
provide the best Southern Style BAR-B-Q, with exceptionally quick
service, in a friendly, family atmosphere. Our real wood pit smokers
operate 24 hours a day, which is why you can "SMELL THAT SMOKE" every
time you come to Bandana's BAR-B-Q.