The Steak Escape vs Planet Grilled Cheese Franchise Comparison

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

Start-Up Costs and Fees

 
The Steak Escape Franchise
Planet Grilled Cheese Franchise
Investment $190,200 - $1,300,000$200,000
Franchise Fee $25,000$30,000
Royalty Fee 6%6%
Advertising Fee --
Year Founded 19822016
Year Franchised 19832017
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
The Steak Escape Franchise
Planet Grilled Cheese Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    The Steak Escape Franchise
    Planet Grilled Cheese 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
    Planet Grilled Cheese 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
    Planet Grilled Cheese Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    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 Planet Grilled Cheese

    Planet Grilled Cheese is an innovative and unique grilled cheese concept. We offer a low-cost and scalable franchise that features gourmet grilled cheese and various delicious treats.

    Our concept was built to respond to the main challenges in the food industry: quality, simplicity and excellent service. Thanks to our unique concept we combine these three keys to success.

    Because of our experience in multiple domains, we are able to provide our franchisees with a complete turnkey business, full assistance and guidance to help you succeed in this new venture.
     
    Veteran Incentives    15% off franchise fee