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Updated RecentlyThe Steak Escape vs Dagwoods Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Steak Escape vs Dagwoods 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 | $200,000 - $250,000 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | 3% |
| 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 | - | Hands-on in-store training at one of our locations. You will learn all aspects of management, product preparation, quality and service. Once you are ready to open your store, you will be assigned a Dagwoods trainer to ensure that you and your staff are ready to give the best possible service to your valuable customers. You will receive ongoing visits and on-site consultations and reviews. You will work at a Dagwoods location in Montreal for at least six weeks. During this time, you will learn all aspects of management, product preparation and quality, and service. Once you are ready to open your store, you will be assigned a Dagwoods trainer to ensure that you and your staff are ready to give the best possible service to your valuable customers. You will receive ongoing visits and on-site consultations and reviews. You will attend informative franchisee meetings as well as slicer, safety and service clinics, which are held every six months. Training for you and your staff is of utmost importance for Dagwoods. The key to our success is our great sandwiches, the consistency that we have maintained over the years and our fast and friendly service. |
| 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 | - |
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 Dagwoods
Follow your dream and become your own boss! Dagwoods is presently seeking dynamic individuals who aren’t afraid of working hard to realize their dreams. These individuals will help maintain the success that Dagwoods has enjoyed for more than 25 years.
If you’re interested in joining our team of Dagwoods franchisees, here are a few things you should know:
Dagwoods’ concept is simple and easy to operate. Its low start-up costs and low overhead allow you to develop your business quickly and enjoy the day-to-day interactions with your customers and staff.
Dagwoods provides all our franchisees with hands-on in-store training at one of our locations. You will learn all aspects of management, product preparation, quality and service.
Dagwoods offers a popular catering service, allowing you to increase your sales with add-on business that not only helps you add on to the bottom line but also promotes your store in your area. You will also benefit from online catering orders generated through the Dagwoods website.