The Steak Escape vs Fit for Life Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Fit for Life Franchise
Investment $190,200 - $1,300,000$180,000 - And Up
Franchise Fee $25,000N/A
Royalty Fee 6%7%
Advertising Fee -0%
Year Founded 1982-
Year Franchised 1983-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
The Steak Escape Franchise
Fit for Life Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    The Steak Escape Franchise
    Fit for Life 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
    Fit for Life Franchise
    Training --
    Support Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsAt Fit for Life, we fully understand the needs of a Franchisee "Business Person" and further understand that change in the business environment is constant and indeed needed. Fit for Life Head Office personnel are available on an ongoing basis to aid and assist in all levels of management for the benefit of the Franchisee.
    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
    Fit for Life 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 Fit for Life

    Fit for Life is a fast food concept catering to the health and nutrition conscious consumer. The menu focuses primarily on nutrition developed around the Wrap sandwich prepared with organically made bread, with no chemicals or preservatives. The Fit for Life menu items are endorsed by the Heart and Stroke Foundation and have earned an excellent reputation through many satisfied customers. The Fit for Life franchise is protected under federal and provincial trademark laws. It offers an exciting and outstanding opportunity to become part of a highly successful and rapidly growing fast food industry. Fit for Life's unique concept responds to the increasing consumers demand for a high quality nutritious product provided in an attractive, efficient format.