Steaks To Go vs Wahlburgers Franchise Comparison

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

Start-Up Costs and Fees
 
Steaks To Go Franchise
Wahlburgers Franchise
Investment $110,000 - $150,000$1,680,000 - $2,885,000
Franchise Fee $24,500$40,000
Royalty Fee $250/wk. or 3%6%
Advertising Fee --
Year Founded 1990-
Year Franchised 1995-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Steaks To Go Franchise
Wahlburgers Franchise
Experience -Net worth: $5 Million

Financing Options
 
Steaks To Go Franchise
Wahlburgers 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
Wahlburgers 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
Wahlburgers 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 Wahlburgers

Wahlburgers isn't accepting any individual franchisees Wahlburgers is looking only for franchisee groups that want to open multiple restaurants.
Wahlburgers only considers franchisees with a net worth of at least $5 million.