The Steak Escape vs Big Town Hero Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Big Town Hero Franchise
Investment $190,200 - $1,300,000$73,550 - $245,200
Franchise Fee $25,000$20,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19821982
Year Franchised 19831989
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
The Steak Escape Franchise
Big Town Hero Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    The Steak Escape Franchise
    Big Town Hero 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
    Big Town Hero 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
    Big Town Hero 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 Big Town Hero

    Our story begins in 1981: Big Town Hero was then just a twinkle in the eye of a young college student. His idea: to provide a healthy, better-tasting alternative to fast-food restaurants - a sandwich shop that served great food with great service to match.

    Our founder created his experience in the sandwich business in the college town of Corvallis, Oregon. His unique, fresh sandwiches on homemade bread were an immediate success, and the Big Town legend was born (Campus Hero back then).

    Today, Big Town Hero is a culinary destination throughout the western United States; each store features an on-site bakery where we prepare our fabulous, famous bread efficiently from scratch daily. Our stores are growing as fast as our reputation: The Ultimate Sandwich is back and better than ever!

    Through our growth and expansion, one thing will always remain unchanged - our unwavering commitment to fresh quality and legendary service.