| ||||
Updated RecentlyBlimpie vs The Steak Escape Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Blimpie vs The Steak Escape including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $74,780 - $422,200 | $190,200 - $1,300,000 |
| Franchise Fee | $11,900 - $19,900 | $25,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 4% | - |
| Year Founded | 1964 | 1982 |
| Year Franchised | 1970 | 1983 |
| Term Of Agreement | 20 years | 20 years |
| Term Of Agreement | 20 years | 20 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | ||
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. On-The-Job Training: 80 hours Classroom Training: 40 hours | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 20 - 25
Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Blimpie
With the assistance of two companions and $2,500 in obtained start-up capital, Anthony Conza opened the primary Blimpie Subs and Salads area in Hoboken, New Jersey, in 1964. From that first store, Blimpie developed into a worldwide chain with eateries in shopping centers, malls, comfort stores, schools, sports fields, doctor's facilities and games fields. Every area serves an assortment of hot and icy subs, wraps, servings of mixed greens and soups. Blimpie International Inc. likewise claims Pasta Central, Maui Tacos and Smoothie Island. The organization is exchanged on the AMEX under the BLM symbol
.Bigger. Better. Blimpie.™
Shop meats and cheeses cut crisp to arrange. Natively constructed bread. New, tasty fixings. There's a reason our clients have been returning over and over since 1964. Blimpie's franchisees basically make greater and preferable sandwiches over some other sub shop in the classification.
For franchisees, Blimpie conveys more than simply incredible sandwiches. Our group gives the experience and skill important to help franchisees develop their business. Our parent organization, Kahala Brands, guarantees each Blimpie franchisee is bolstered by a portion of the best personalities in diversifying. Kahala's official group is in charge of propelling more than 2,000 establishment stores for many eatery brands, including Cold Stone Creamery®, TacoTime® and Planet Smoothie®. Also, devoted Kahala workers who are specialists in their field are relegated to lead showcasing, land, operations and preparing endeavors for each Kahala mark, including Blimpie.
Today, Blimpie is preferably situated over ever before with:
A straightforward plan of action with enduring backing
A fresh out of the box new in-store plan custom-worked for the present day, quick easygoing client
Diversion changing consumer loyalty programs
World-class establishment advancement administrations
An accomplished, franchisee-centered administration group
National brand acknowledgment
What's more, the direction expected to help manage franchisees toward way of life and money related objectives
Blimpie is the main sub establishment that offers franchisees the chance to dispatch a reasonable establishment business with a brand name that has been connected with the best, crisp cut subs available for over 50 years.
Truth be told, we'd jump at the chance to begin furnishing YOU with the data you have to survey to settle on a shrewd choice about your entrepreneurial future. If you don't mind set aside some opportunity to completely investigate the data made accessible to you on this site and call us to begin on building your own one of a kind Bigger, Better, Blimpie!.
Veteran Incentives 20% off franchise fee
About The Steak Escape
The Steak Escape was established in Columbus, Ohio, in 1982 by Ken Smith and Mark Turner. One year later, Escape Enterprise Ltd. was formed, and Steak Escape started franchising mall sites, as well as locations in college campuses, airports and sports arenas. The privately held company specializes in genuine Philadelphia cheesesteaks and operates in more than 30 states as well as overseas.