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Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs San Francisco Sourdough Eatery 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 | $150,400 - $293,800 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 2% |
Year Founded | 1982 | 1999 |
Year Franchised | 1983 | 2003 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Must have capacity to manage a fast paced *QSR $50,000 - $100,000 liquid assets / $250,000 net worth | |
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 | - | Classroom Training: 7 days |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising |
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) | Absentee Ownership Allowed Number of Employees Required to Run: 10 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
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.
CONTROL YOUR FUTURE
Own one of the HOTTEST SANDWICH Franchises
Own a franchise in the hottest sandwich franchise today.
SAN FRANCISCO STYLE SOURDOUGH EATERY.
What makes SAN FRANCISCO STYLE SOURDOUGH EATERY better? Every sandwich is crafted on warm sourdough bread. Our authentic sourdough soup bowls and our fresh salads include some of the tastiest recipes in the billion dollar sandwich market. SAN FRANCISCO STYLE SOURDOUGH EATERY offers one of the most affordable turnkey franchise packages available. Take control of your future, become a SAN FRANCISCO STYLE SOURDOUGH EATERY and enjoy the excitement and success of this premium sandwich franchise.
THE FUTURE LOOKS EXCEPTIONALLY BRIGHT FOR THE SANDWICH SEGMENT OF THE QSR INDUSTRY.
Sandwiches are the fastest growing category, with sales of quick service restaurants specializing in sandwiches reaching over $10 billion. With today’s trend toward healthier eating, the growth is likely to continue. In fact, it is projected that between now and 2020 sandwich sale increases will outpace both the hamburger and pizza QSR.
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For Texas franchising information please call Synecore at 1-855-218-7373 (SFSE).