The Steak Escape vs Saladarity Franchise Comparison

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

Start-Up Costs and Fees
 
The Steak Escape Franchise
Saladarity Franchise
Investment $190,200 - $1,300,000$355,875 - $469,275
Franchise Fee $25,000$30,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19822003
Year Franchised 19832012
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
The Steak Escape Franchise
Saladarity Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    The Steak Escape Franchise
    Saladarity 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
    Saladarity 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
    Saladarity Franchise
    US Expansion -Yes
    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 Saladarity

    Green Fine Salad Co., a Denver-based company opened its third local location in April, 2014 at 707 Seventeenth Street -- but this outpost will have another name: Saladarity. This new prototype is trademarked. "Green Fine Salad is a name we couldn't protect, so we came up with Saladarity, which we have trademarked," says founder Gerry Weber.