The Steak Escape vs Bobby Rubino's Place For Ribs Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Bobby Rubino's Place For Ribs Franchise
Investment $190,200 - $1,300,000$200,000 - $645,200
Franchise Fee $25,000$25,000 - $50,000
Royalty Fee 6%4%
Advertising Fee --
Year Founded 19821978
Year Franchised 19831980
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
The Steak Escape Franchise
Bobby Rubino's Place For Ribs Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    The Steak Escape Franchise
    Bobby Rubino's Place For Ribs 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
    Bobby Rubino's Place For Ribs Franchise
    Training --
    Support Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing --
    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)

    -

    Expansion Plans

     
    The Steak Escape Franchise
    Bobby Rubino's Place For Ribs Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    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 Bobby Rubino's Place For Ribs

    The first Bobby Rubino's Place for Ribs opened in Ft. Lauderdale, Florida, in 1978. The company began franchising two years later and was soon making ribs for customers across the United States. In 1986, Bobby Rubino's opened its first international location in Chijmes, Singapore.