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Updated RecentlyThe Steak Escape vs Great Outdoors Sub Shops Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs Great Outdoors Sub Shops including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $190,200 - $1,300,000 | $75,000 - $260,000 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1982 | 1971 |
| Year Franchised | 1983 | 1976 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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 |
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| 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 Great Outdoors Sub Shops
"Every sub is a masterpiece and every customer a good friend".
The man behind the statement, Jerry Oliverie, decided to give up a Bio-Med Degree at Paterson State College back in 1971 when he took over a "Ma & Pa" sub shop in Morristown, NJ. He enjoyed serving great quality subs with a personal touch and so this established community sub shop with Jerry's passion grew substantially in sales. Jerry took his knowledge and talents to Texas and created his own concept, The Great Outdoors, and became an instant success. With over 35 years of hands on experience, successfully profitable company owned and franchised locations he welcomes interested entrepreneurs to share in the excellence. You can own a personally rewarding, high quality, unique franchise and create a future in a great place to eat and work. We offer over 31 years of experience in site selection, layout & design, construction, equipment purchasing and installation, hiring & training, food prep and quality control, marketing & advertising and continued support. Along with this you get our 31 years of proven products, consistent quality, a complete system and the many customers who have eaten with us consistently over the years. We offer you a solid profit potential, and growth in protected territories. When you are awarded a "Great Outdoors Franchise", you will be getting the best sub shop franchise available, serving the best variety and quality subs in town! We will teach you the necessary product knowledge and how the system works. You will need to be a people person with enthusiasm & energy to motivate your staff and create customer loyalty.