The Steak Escape vs Old Carolina Barbecue Co. Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Old Carolina Barbecue Co. Franchise
Investment $190,200 - $1,300,000$309,800 - $687,000
Franchise Fee $25,000$25,000 - $30,000
Royalty Fee 6%5%
Advertising Fee -0.5%
Year Founded 19822006
Year Franchised 19832012
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
The Steak Escape Franchise
Old Carolina Barbecue Co. Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    The Steak Escape Franchise
    Old Carolina Barbecue Co. 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
    Old Carolina Barbecue Co. 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
    Old Carolina Barbecue Co. 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 Old Carolina Barbecue Co.

    A passion for great barbecue inspired two former high school buddies to start a competition barbecue team in 2003. Travels across the country led us to discover the rich traditions of Carolina-style barbecue. During many road trips across the region, second and third generation pitmasters shared their closely guarded secrets and decades old recipes. It wasn't long before those recipes started earning Old Carolina trophies on the barbecue circuit. Best sauce. Best ribs. Best pulled pork. Fans of Old Carolina demanded a regular outpost they could visit every day of the week. And, in 2006, the first Old Carolina Barbecue Company restaurant opened in Massillon, OH. If you have tasted our food, you know that our concept is not just about barbecue. It's about great barbecue. If you have a passion to deliver that in your home market, we'd love to hear from you.