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Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs Badass Jack's 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 | $275,000 |
Franchise Fee | $25,000 | $15,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1982 | 1997 |
Year Franchised | 1983 | 1998 |
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 | - | One month |
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 | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
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.
Healthier Does Taste Better
Fast-Food, Fresh Food!
Jack's is always on the look-out for great people to partner with.
Badass Jack's remains ahead of the curve with healthier choices in the fast food sector.Our "open kitchen,cooked to order" service line and instore slow roasted meats assures our customers of fresh,low sodium wraps, Asian style boxes and "off-the-roast" subs.
Being a Badass is all about doing things your own way. That's why we let
you customize your whole order! Choose a wrap or an Asian style box
& create it to match your tastebuds.