The Steak Escape vs Billy Sims BBQ Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Billy Sims BBQ Franchise
Investment $190,200 - $1,300,000$174,200 - $446,100
Franchise Fee $25,000$30,000
Royalty Fee 6%6%
Advertising Fee --
Year Founded 1982-
Year Franchised 1983-
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee -$2500


Business Experience Requirements

 
The Steak Escape Franchise
Billy Sims BBQ Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    The Steak Escape Franchise
    Billy Sims BBQ 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
    Billy Sims BBQ 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
    Billy Sims BBQ 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 Billy Sims BBQ

    Billy Sims - former OU great and 1978 Heisman Trophy award winner is now offering Billy Sims BBQ franchises. The company is now ready to grow the brand in the US. This innovative quick casual dining experience is a proven success. Franchise support is our number one concern. Quality, consistancy and customer service is what drives our team. If you are ready to get in the draft check out our website for more details