The Steak Escape vs Souper Salad Franchise Comparison

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

Start-Up Costs and Fees
 
The Steak Escape Franchise
Souper Salad Franchise
Investment $190,200 - $1,300,000$593,650 - $873,200
Franchise Fee $25,000$30,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19821978
Year Franchised 19832009
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
The Steak Escape Franchise
Souper Salad Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    The Steak Escape Franchise
    Souper Salad 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
    Souper Salad 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
    Souper Salad Franchise
    US Expansion -Yes
    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 Souper Salad

    Souper Salad restaurants are perfect for customers seeking a casual atmosphere with fresh, and healthy food. Now operating bustling locations in multiple states, we're pleased to invite you to join in the success of the growing Souper Salad family.Souper Salad is actively seeking experienced retail operators with proven expertise in the food service industry. Souper Salad franchisees must be experts in their markets, be willing to work diligently and provide full-time best efforts toward the success of the Souper Salad brand.
     
    Our all-you-can-eat buffet features made-from-scratch soups, fresh salads and fruit, delicious made-from-scratch breads, baked potatoes, and dessert. Our menu items change daily and seasonally so you can try something new each visit as well as savor your favorites - and it’s all for one low price!
     
    Veteran Incentives
    50% off franchise fee