The Steak Escape vs New York 5th Av. Deli Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs New York 5th Av. Deli including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
The Steak Escape Franchise
New York 5th Av. Deli Franchise
Investment $190,200 - $1,300,000$65,000 - $110,000
Franchise Fee $25,000$20,000
Royalty Fee 6%6%
Advertising Fee -2%local +2%Nat'l
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
New York 5th Av. Deli Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    The Steak Escape Franchise
    New York 5th Av. Deli 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
    New York 5th Av. Deli Franchise
    Training -The New York 5th Av. Deli Academy offers a broad range of technical and managerial courses. The training is designed to provide you with the key skills required to run your stores with a passion for quality - a passion your customers will sense and appreciate through their overall experience at the store. New York 5th Av. Deli also offers onsite training by its experienced professionals and has a specialized team taht can assist your local team in opening a new store.
    Support Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNew York 5th Av. Deli will support you from the moment you sign a contract to the time your store - or stores - open. And the support continues during operation through continuous monitoring of your store, helping you to achieve a consistent high level of customer experience. We also help you promote your business by marketing the brand effectively within your territory. Because our ultimate goal is the same as yours - to generate solid returns on investment by running the business professionally and with the full support of New York 5th Av. Deli 's proven systems.
    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
    New York 5th Av. Deli 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 New York 5th Av. Deli

    New York 5th Av. Deli is modeled after deli's common to New York City. We serve a range of high quality sandwiches and salads. Besides our extensive sandwich and salad menu, customers can also "create their own" fresh salads and sandwiches. New York Deli offers a healthy, fresh, and quick meal for people on the go. The store sizes range from 50 sq/m to 150 sq/m. New York deli shops are modern, relaxing, and comfortable places to enjoy your favorite sandwich, soup or salad.