The Steak Escape vs Port Of Subs Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Port Of Subs Franchise
Investment $190,200 - $1,300,000$214,500 - $397,100
Franchise Fee $25,000$18,500
Royalty Fee 6%5.5%
Advertising Fee -1%
Year Founded 19821972
Year Franchised 19831985
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee --


Business Experience Requirements

 
The Steak Escape Franchise
Port Of Subs Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    The Steak Escape Franchise
    Port Of Subs 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
    Port Of Subs Franchise
    Training -

    Two people per restaurant are required to successfully complete the Port of Subs®’ training in a Certified Training Restaurant. One person will spend four weeks of training in the restaurant and at the Port of Subs® Corporate Office in Reno, Nevada. The second person will spend two weeks of training in the restaurant.

    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
    Port Of Subs 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 Port Of Subs

    Eatery Ownership Never Tasted So Good

    Visitors have been getting a charge out of the considerable taste of Port of Subs®' sandwiches for more than 40 years. In 1972, two siblings from New Jersey opened a humble submarine sandwich shop in Sparks, Nevada called the "Sub Shop". John Larsen, a Public Accountant who had been prompting the Sub Shop proprietors, grabbed the open door and bought the business in 1975. Subsequent to taking control, Larsen supported a group wide challenge to pick another name. In a survey of more than 10,000 challenge passages, Port of Subs® was conceived.

    Not at all like a large portion of our opposition, we possess and work a significant number of Port of Subs® eateries speaking to roughly 25% of our chain. This speaks to a speculation of well over $5,500,000. Not at all like our rivals, we have put resources into our own particular eateries since we have confidence in our item and in our framework. After more than 40 years in business and more than 140 eateries open and working, we comprehend franchisees start things out. Our framework is basic; we develop the brand with trustworthiness by enlisting the most qualified franchisees conceivable and working with them to locate the most ideal areas. Since Port of Subs® possesses and works corporate eateries all through the framework, we remain educated about the day by day operations and difficulties eatery administrators confront. We help with demonstrated practices and methods.

    Today, Port of Subs® has more than 140 eateries and is growing all through the West. We have remained consistent with our beginnings and still make every sandwich new to arrange as our visitors look on.

    Veteran Incentives $8,500 off franchise fee
     

    "Entrepreneur

    #235 in Franchise 500 for 2020.
    #345 in Franchise 500 for 2021.