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Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs Hillbilly Heaven 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 | $75,000 - $125,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1982 | - |
Year Franchised | 1983 | - |
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 | - | - |
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 | - | - |
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.
We strongly believe that a Hillbilly Heaven franchise relationship is a recipe for partnered success. We take that very seriously. As a franchise owner, you can count on us to provide all the support you need to be successful in your business. Anyone in a retail-oriented business can tell you, the proper blend of merchandise is critical to profitability � you have to have product that moves. Hillbilly Heaven franchisees will always benefit from the experience of our support team as well as the successes of other franchisees. New products from all over the southern US are imported on a monthly basis and given a thorough retail testing before they ever make it into franchise distribution. Franchisees will never have to take "flyers" on unproven products and wonder if they'll sell. Proven products and everything else you'll need to run your business, are warehoused in Burlington ON. Everything is purchased in large quantities to drive down the cost and those savings are passed on to the franchisees. We have learned that the cost of moving small orders of unique goods erodes profitability, especially on those products that must be imported. To counter this, all Hillbilly Heaven franchisees will have the luxury of ordering stock from a central, company-owned, warehouse. You pay only the freight from the warehouse to your store � a tremendous boost to profitability. In the kitchen, we'll set-up you up with top-of-the-line suppliers, provide you our proprietary seasoning blends and everything else you'll need to produce the best of southern BBQ. Hillbilly Heaven is a complete turn-key operation with a completely outfitted kitchen and shelves fully stocked with merchandise. You'll be ready to do business on your first day of operation. We expect that the majority of our franchise owners will have never run a restaurant before buying their first Hillbilly Heaven. To make the transition easier, we offer incorporation and accounting advice, operations and retail product training, assistance with site and lease negotiation, construction support, and ongoing support from the day you open.