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Below is an in-depth analysis and side-by-side comparison of Steaks To Go vs Billy Sims BBQ 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 | $174,200 - $446,100 |
Franchise Fee | $24,500 | $30,000 |
Royalty Fee | $250/wk. or 3% | 6% |
Advertising Fee | - | - |
Year Founded | 1990 | - |
Year Franchised | 1995 | - |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | $2500 |
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 | - | - |
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) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
Billy Sims - former OU great and 1978 Heisman Trophy award winner is now offering Billy Sims BBQ franchises. The company is now ready to grow the brand in the US. This innovative quick casual dining experience is a proven success. Franchise support is our number one concern. Quality, consistancy and customer service is what drives our team. If you are ready to get in the draft check out our website for more details