Damon's vs Steak & Stuff Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Damon's vs Steak & Stuff including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Damon's Franchise
Steak & Stuff Franchise
Investment $1,200,000 - $3,200,000$95,000 - $115,000
Franchise Fee $50,000$15,000
Royalty Fee 4%3%
Advertising Fee --
Year Founded 19792006
Year Franchised 19822013
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee --


Business Experience Requirements

 
Damon's Franchise
Steak & Stuff Franchise
Experience
  • Industry experience
  • No business experience required.

    General restaurant experience required.


    Financing Options

     
    Damon's Franchise
    Steak & Stuff Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Damon's Franchise
    Steak & Stuff Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives*Email Newsletter *Advisory Meetings *Grand opening *Internet *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives *Management Support *Training
    Marketing Co-op advertising, Ad slicks, Regional advertising*Local Media *Ad Slicks *Internet Ad campaign-- Google - Yahoo Etc *Gorilla Marketing Campaign *Facebook *Dedicated Store Web-site *Local Networking *Marketing Training for Franchisee.
    Operations Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 80

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    *Number of employees- 20 - 25. *Owner/Operators Preferred .

    Expansion Plans

     
    Damon's Franchise
    Steak & Stuff Franchise
    US Expansion YesYes
    Canada Expansion NoYes
    International Expansion NoYes

    Company Overviews

    About Damon's

    Founded in 1979, Damon's International, Inc., is headquartered in Columbus, Ohio. With more than 100 company and franchised locations worldwide, Damon's International, Inc., is a leading full-service, casual dining restaurant concept that emphasizes prime rib, grilled steaks, chicken, seafood, salad and Damon's award-winning ribs. Guests enjoy a quiet dining room or Damon's high-energy Clubhouse that features DTV, a proprietary, state-of-the-art multi-screen entertainment system offering sports, network programming and interactive games. Join a growing brand and enjoy the benefits of a great restaurant heritage and a strong and committed management team. Built upon a strong reputation for excellent barbecued ribs and outstanding entertainment in a unique dining environment, Damon's Grill is one of the industry's most distinctive casual theme restaurant concepts with high energy and great food. Damon's Grill has several lucrative territories available to experienced restaurant professionals who can demonstrate financial and operating capabilities.

    About Steak & Stuff

    We opened Steak & Stuff in July 2006. Looking at all the large corporations overcharging potential franchise customers , we decided first of all to start our own and that we could provide better food than the competition. Second , after establishing ourselves we could offer other aspiring restaurant owners security within our company. Strength in numbers so to speak. Franchising is about minimizing risks and maximizing your returns. As a Steak & Stuff franchisor we provide operating systems, solid research and development, established marketing methods and instant credibility. You will also receive extensive training and ongoing support which can reduce the risk and build success more rapidly than trying to do it on your own. So if you are interested in becoming your own boss give us a call.
    For as little as $95,000.00 you can franchise a Steak&Stuff. We offer what the others do with training, support, marketing etc. but its what we do that they don't that sets us apart.