The Steak Escape vs Atlanta Bread Company Franchise Comparison

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

Start-Up Costs and Fees
 
The Steak Escape Franchise
Atlanta Bread Company Franchise
Investment $190,200 - $1,300,000$629,700 - $806,300
Franchise Fee $25,000$40,000
Royalty Fee 6%5%
Advertising Fee --
Year Founded 19821993
Year Franchised 19831995
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee -$30K


Business Experience Requirements
 
The Steak Escape Franchise
Atlanta Bread Company Franchise
Experience
  • General business experience

  • General business experience
  • Marketing skills
  • Restaurant experience
    		•

    Financing Options
     
    The Steak Escape Franchise
    Atlanta Bread Company Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    The Steak Escape Franchise
    Atlanta Bread Company Franchise
    Training --
    Support Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing -Co-op advertising, Ad slicks, 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)

    		 65% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15 - 18

    Absentee ownership of franchise is NOT allowed. (70% of current franchisees are owner/operators)

    Expansion Plans
     
    The Steak Escape Franchise
    Atlanta Bread Company 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 Atlanta Bread Company

    Founded in 1993 by Jerry and Basil Couvaras, Atlanta Bread Company bakery/cafes serve sandwiches, soups, salads, gourmet coffees, and fresh-baked breads and pastries for breakfast, lunchtime and dinner dining.
    Each of our locations is locally owned and operated with an emphasis on community involvement and outreach. Every night, our extra bread goes to those in need and helps keep our communities fed.