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Updated RecentlyThe Steak Escape vs Bad Bob's BBQ Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs Bad Bob's BBQ 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 - $250,000 |
| Franchise Fee | $25,000 | $20,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1982 | 1997 |
| Year Franchised | 1983 | 2002 |
| 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 Bad Bob's BBQ
In 1994 BadBob’s started cooking as a hobby in local BBQ contest. In 1997 BadBob’s BBQ started cooking in Memphis in May sanctioned BBQ contest all over the country, finishing 4th in the world from 1997 thru 2000, 3 out of the 4 years. This among many other state championships and bbq contest awards. During this period of time BadBob’s developed the award winning sauces and rubs that are used and sold on the retail market today. Products like HawgRub, Cockadoodle Rub, Special Sauce and more are just a few products we produce for our restaurants both in bulk and for retail sales. BadBob’s currently has multiple locations in the TN and KY areas with new locations coming aboard. BadBob’s started franchising in June 2002 and has become an overnight success. BadBob’s utilizes special computerized cooking techniques to help reduce labor cost. BadBob’s also uses specialized point of sale software and hardware to help control your store.