The Steak Escape vs Steak Escape Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Steak Escape Franchise
Investment $190,200 - $1,300,000 $224,000 - $665,000
Franchise Fee $25,000 $35,000
Royalty Fee 6% 6%
Advertising Fee - 0.5%
Year Founded 1982 1996
Year Franchised 1983 1996
Term Of Agreement 20 years -
Term Of Agreement 20 years -
Renewal Fee - -


Business Experience Requirements

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

    Financing Options

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

    Training & Support

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

    Start-Up Costs and Fees Mobile

    Investment
    The Steak Escape Franchise
    $190,200 - $1,300,000
    Steak Escape Franchise
    $224,000 - $665,000
    Franchise Fee
    The Steak Escape Franchise
    $25,000
    Steak Escape Franchise
    $35,000
    Royalty Fee
    The Steak Escape Franchise
    6%
    Steak Escape Franchise
    6%
    Advertising Fee
    The Steak Escape Franchise
    -
    Steak Escape Franchise
    0.5%
    Year Founded
    The Steak Escape Franchise
    1982
    Steak Escape Franchise
    1996
    Year Franchised
    The Steak Escape Franchise
    1983
    Steak Escape Franchise
    1996
    Term Of Agreement
    The Steak Escape Franchise
    20 years
    Steak Escape Franchise
    -
    Renewal Fee
    The Steak Escape Franchise
    -
    Steak Escape Franchise
    -


    Business Experience Requirements

    Experience
    The Steak Escape Franchise

  • General business experience
  • Steak Escape Franchise
    -

    Financing Options

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

    Training & Support

    Training
    The Steak Escape Franchise
    -
    Steak Escape Franchise
    -
    Support
    The Steak Escape Franchise
    Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
    Steak Escape Franchise
    -
    Marketing
    The Steak Escape Franchise
    -
    Steak Escape Franchise
    -
    Operations
    The Steak Escape Franchise
    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)

    Steak Escape Franchise
    -

    Expansion Plans

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

    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 Steak Escape

    Start with fresh, quality food. Add a sizzling hot grill. Toss in performance and a bit of friendly attitude. Throw it all together, and you've got a great opportunity with the  Steak Escape system. The Steak Escape system of quick service restaurants has more than a 25-year history of helping our franchisees provide high-quality service to their customers. We are looking for individuals who recognize the value of our brand, are interested in owning their own business, and are committed to quality. Owning your own business is a big decision, so we encourage you to spend some time learning more about becoming a franchisee. If you have any questions along the way, feel free to give us a call.