The Steak Escape vs Buffalo Philly's Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Buffalo Philly's Franchise
Investment $190,200 - $1,300,000$215,200 - $376,100
Franchise Fee $25,000$18,000
Royalty Fee 6%4%
Advertising Fee --
Year Founded 19822000
Year Franchised 19832004
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee -$9K


Business Experience Requirements

 
The Steak Escape Franchise
Buffalo Philly's Franchise
Experience
  • General business experience

  • Industry experience
  • General business experience
  • Marketing skills

  • Financing Options

     
    The Steak Escape Franchise
    Buffalo Philly's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/No
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    The Steak Escape Franchise
    Buffalo Philly's Franchise
    Training --
    Support Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsToll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing -Ad slicks, National media, Regional advertising
    Operations 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)

    0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 8 - 12

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    The Steak Escape Franchise
    Buffalo Philly's Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    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.

    About Buffalo Philly's

    Buffalo Philly is a unique high-energy restaurant concept dedicated to serving family and friends of all ages. Our mission is to provide a quality meal with exceptional value, complete with professional customer service whether dining in our relaxed, friendly atmosphere or taking the order to go. Buffalo Philly's offers full catering to any special event or party, or you can bring your group here. At Buffalo Philly's�, great tasting food is our promise. Our menu will feature brand name products such as made to order Perdue Jumbo chicken and wings as well as Certified Black Angus Steak. Our products are 100% guaranteed whether you choose from our 9 delicious sauces for your wings or a mouthwatering Philadelphia cheesesteak with saut�ed Vidalia onions and portabella mushrooms.