The Steak Escape vs Jet's Pizza Franchise Comparison

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

Start-Up Costs and Fees
 
The Steak Escape Franchise
Jet's Pizza Franchise
Investment $190,200 - $1,300,000$437,500 - $631,000
Franchise Fee $25,000$25,000
Royalty Fee 6%8%-10%
Advertising Fee -Up to 1%
Year Founded 19821978
Year Franchised 19831990
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee -$2K


Business Experience Requirements
 
The Steak Escape Franchise
Jet's Pizza Franchise
Experience
  • General business experience

  • General business experience
  • Customer service & management skills
    		•

    Financing Options
     
    The Steak Escape Franchise
    Jet's Pizza Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    The Steak Escape Franchise
    Jet's Pizza Franchise
    Training - On-The-Job Training: 270 hours Classroom Training: 30 hours
    Support Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNewsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing -Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email 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)

    		 International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15

    Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators)

    Expansion Plans
     
    The Steak Escape Franchise
    Jet's Pizza Franchise
    US Expansion -Yes
    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 Jet's Pizza

    Based in Sterling Heights, Michigan, Jet's Pizza was founded in 1978 and began franchising in 1990.
    Jet’s Pizza® regularly receives “Best of the Best” and “Reader’s Choice” awards. Pizza Today magazine named Jet’s Pizza® as the eighteenth largest pizza chain in the nation in its “Top 100 Company” report (Pizza Today, 2010). Entrepreneur Magazine has consistently ranked Jet’s Pizza® as a “Top 500 Franchise,” opportunity (Entrepreneur, 2010). Jet’s Pizza® has rapidly risen through the ranks to become the twelfth largest pizza chain in the nation, by sales (PMQ, 2016), with over 400 locations and plans for rapid future growth. While the quality and taste of the food is number one for Jet’s Pizza®, there is also a simple belief throughout the company; “Pizza should be fun,” says John Jetts. “You’ll always have a smile on your face when you’re eating a Jet’s pizza®.” That fun attitude can be summed up in the company’s simple slogan says Jetts, “Life is short. Eat better pizza®. Let’s Get Jet’s®!”

    That is something that Jet’s Pizza® is betting that people across the nation will agree with. They’ve found that it’s working so far.

    Franchise Ranking History
    Franchise 500: #132 (2014), #146 (2013), #136 (2012), #145 (2011), #207 (2010),
    Fastest-Growing: #67 (2014), #82 (2012), #94 (2011)
    Veteran Incentives  50% off franchise fee or area development fee
    "Entrepreneur
    #220 in Franchise 500 for 2020.
    #340 in Franchise 500 for 2021.