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Updated RecentlyThe Steak Escape vs Just Fresh Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs Just Fresh 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 | $475,000 - $650,000 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1982 | 1993 |
| Year Franchised | 1983 | 2003 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal 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 | - | - |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| 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) |
Number of employees needed to run franchised unit: 12 - 15
(100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | Yes |
| 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 Just Fresh
At Just Fresh, we're committed to serving great tasting foods that are consistent with today's healthier lifestyle, never see a fryer, and include lots of fresh fruit, vegetables, nuts and grains, as well as poultry, seafood and lean meats. Besides our signature tossed-to-order salads, we feature delicious wraps and sandwiches made with our fresh baked breads, comforting soups, fabulous pastas and pizzas and a kid's menu that every parent will find appealing. We round it out with hassle-free, take home specialties and a variety of beverages, not to mention those Legendary Just Fresh Big Cookies. There really is something for everyone at Just Fresh!