The Steak Escape vs Houston Restaurants Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Houston Restaurants Franchise
Investment $190,200 - $1,300,000$1,350,000
Franchise Fee $25,000$50,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19821998
Year Franchised 19831999
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
The Steak Escape Franchise
Houston Restaurants Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    The Steak Escape Franchise
    Houston Restaurants Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    The Steak Escape Franchise
    Houston Restaurants 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
    Houston Restaurants Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 Houston Restaurants

    Specializing in grilled steaks, ribs and meats of all kinds, HOUSTON restaurants have the mission to serve superior quality food at affordable prices in a highly courteous manner. Every location also has an attractive and trendy bar with a friendly atmosphere that makes it the meeting place par excellence. Customer attention is the key element of the concept in every aspect of the business.