The Steak Escape vs Mr. Pickle's Sandwich Shop Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Mr. Pickle's Sandwich Shop Franchise
Investment $190,200 - $1,300,000$151,500 - $342,500
Franchise Fee $25,000$25,000 - $50,000
Royalty Fee 6%$250+/wk
Advertising Fee -Up to 2% Monthly
Year Founded 19821996
Year Franchised 19832006
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee --


Business Experience Requirements

 
The Steak Escape Franchise
Mr. Pickle's Sandwich Shop Franchise
Experience
  • General business experience
  • Restaurant experience is always helpful but, if you have experience running another type of business including working with employees and customers, managing cash and generating financial statements, we have a complete training program and manuals as well as field operational staff that can help you learn this business as well as provide ongoing support for you. SBA funding may require some restaurant experience, please consult your SBA lender.
  • Up to $400,000 minimum liquid assets
  • Restaurant and/or Management experience
  • 680+ credit score
  • No bankruptcies, liens or Judgements

  • Financing Options

     
    The Steak Escape Franchise
    Mr. Pickle's Sandwich Shop 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
    Mr. Pickle's Sandwich Shop 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
    Mr. Pickle's Sandwich Shop 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 Mr. Pickle's Sandwich Shop

    Mr. Pickle’s Sandwich Shop is a premium sandwich shop. Our shops offer hand sliced proprietary proteins and cheeses topped with sauces that are made daily. All sandwiches are served on our fresh baked rolls, including our famous Dutch Crunch roll. Mr. Pickle’s Sandwich Shop offers best in class sandwiches including the famous Big Jake, Reuben, and of course The Mr. Pickle. Our twenty- six plus years of success is rooted in the simple formula of "Making the Guest Happy” by providing craveable sandwiches, exceptional guest service, and local community involvement.The ideal Franchisee will strive to keep their customers happy while devoting their time and energy toward running a successful Mr. Pickle's shop.