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Updated RecentlyThe Steak Escape vs Roly Poly Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs Roly Poly including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $190,200 - $1,300,000 | $106,550 - $226,700 |
| Franchise Fee | $25,000 | $20,000 - $25,000 |
| Royalty Fee | 6% | 4-6% |
| Advertising Fee | - | - |
| Year Founded | 1982 | 1992 |
| Year Franchised | 1983 | 1997 |
| Term Of Agreement | 20 years | 10 years |
| Term Of Agreement | 20 years | 10 years |
| Renewal Fee | - | 1/2 of current franchise 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 | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | Additional training available as needed |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Marketing | - | Co-op 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) |
75% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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 Roly Poly
It takes more than an awesome sandwich to make our Roly Poly world go round. Dedicated franchisees throughout the country have been working together over the last 10 years to build the Roly Poly reputation and fine tune the franchise system. Our original first year franchisees are still opening new stores and celebrating record breaking sales! What's the reason for this amazing franchisee success? Another of our favorite words, SIMPLICITY! The system that we have developed is simple, and when our system is followed, it works. We know that it's not always easy to match up the right franchisees to the right concept. How can you tell if our franchise system might be the right one for you? Ask yourself:
- Am I a team player?
- Am I willing to be the first one to get there and the last one to leave?
- Am I willing to work weekends and holidays?
- Am I a self starter?
- Am I a "people person" who enjoys customer service
- Am I willing to personally take out menus and samples to develop the business in my market?
- Am I long term goal oriented with staying power?
- Will Roly Poly be my full time job and have my total focus and commitment?
If you answered yes to all of the above questions then WE WANT YOU! Our successful team of franchisees and developers all have the same outlook and passion for the concept. The following criteria will also help determine how suitable Roly Poly is for you:
- Roly Poly is most successful as an owner operated concept. Our concept requires the TLC that we believe only comes from motivated coworkers working hand in hand with dedicated owners.
- Roly Poly thrives in upper middle class market area locations. We look for the shopping areas patronized by the most upscale residential neighborhoods with a customer mix of upscale residential, office workers, hospital/medical professionals, retail workers and students.
- Our ideal size is 1,000 - 1,400 square feet
- Our busiest stores operate 7 days a week with 75% / 25% anticipated lunch/dinner business breakdown
- Most importantly we look for special franchisees that recognize Roly Poly as a concept that will thrive in their neighborhood market area and have a desire to make Roly Poly a part of their business community. The right franchisee knows the right locations for Roly Poly. We look for franchisees that are already a part of the community.