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Below is an in-depth analysis and side-by-side comparison of Steaks To Go vs Voo Doo BBQ & Grill 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 | $340,500 - $625,000 |
Franchise Fee | $24,500 | $35,000 |
Royalty Fee | $250/wk. or 3% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1990 | 2002 |
Year Franchised | 1995 | 2006 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal 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 | - | You and your key managers will participate in an intense training course for four to six weeks at our headquarters in Baton Rouge. During training you will be given our detailed manual that covers a wide array of topics key to operating your restaurant. Our store opening team will be on site with you several days before you open to help you set up your store and train your staff. We will stay with you for several days after you open to assist in the transition. As needed we will provide on-going training to intro- duce new operating methods and menu items. |
Support | Grand opening, Internet, Field operations/evaluations | Our field support team will periodically visit your store to meet with you and provide operational evaluations. Our CEO provides personal financial and performance consulting to each of our franchisees at least once a month. We go above and beyond to assist our franchisees with their success. |
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.