The Steak Escape vs Shane's Rib Shack Franchise Comparison

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

Start-Up Costs and Fees
 
The Steak Escape Franchise
Shane's Rib Shack Franchise
Investment $190,200 - $1,300,000$363,000 - $558,000
Franchise Fee $25,000$30,000
Royalty Fee 6%5%
Advertising Fee --
Year Founded 19822002
Year Franchised 19832005
Term Of Agreement 20 years10 years+5+5
Term Of Agreement 20 years10 years+5+5
Renewal Fee --


Business Experience Requirements
 
The Steak Escape Franchise
Shane's Rib Shack Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    The Steak Escape Franchise
    Shane's Rib Shack 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
    Shane's Rib Shack Franchise
    Training -

    Hands-on experience in operating a Shane's Rib Shack restaurant in Atlanta, Georgia. This covers all facets of operating the Shane's Rib Shack business. A Shane's Rib Shack representative will then assist you at the opening of your first 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
    Shane's Rib Shack 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 Shane's Rib Shack

    Take advantage of franchise business opportunities and join the Shane’s Rib Shack family. We’re a little picky about choosing our operators, but if you have a passion for your community and a desire to serve great BBQ, you may have what it takes. It’s a full-time job with big time rewards.
    All roads lead to The Shack and it's becoming easy to see why. Priding itself as a "true" rib shack, this new fast-casual concept specializes in choice cut mouth watering pork BBQ, baby back ribs, crispy chicken tenders, homemade side items and made from scratch peach cobbler. It's gonna get messy!
    What types of opportunities are available? Individual and multi-unit franchise opportunities are available.