The Steak Escape vs Johnny's Italian Steakhouse Franchise Comparison

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

Start-Up Costs and Fees
 
The Steak Escape Franchise
Johnny's Italian Steakhouse Franchise
Investment $190,200 - $1,300,000$1,285,000 - $4,010,000
Franchise Fee $25,000$75,000
Royalty Fee 6%5%
Advertising Fee --
Year Founded 19822002
Year Franchised 19832013
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
The Steak Escape Franchise
Johnny's Italian Steakhouse Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    The Steak Escape Franchise
    Johnny's Italian Steakhouse 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
    Johnny's Italian Steakhouse 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
    Johnny's Italian Steakhouse Franchise
    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 Johnny's Italian Steakhouse

    "Johnnys

    Johnny’s Italian Steakhouse Restaurants are full-service restaurants that feature steaks, seafood, pasta and other Italian cuisine menu items in a distinctive supper club atmosphere.
    Backed by over three decades of food, beverage and hospitality experience. Johnny’s Italian Steakhouse delivers proven results by effortlessly blending the line between Fast Casual and Fine Dining.

    The total investment necessary to begin operation of a franchised Johnny’s Italian Steakhouse Restaurant is between $1,285,000 and $4,010,000. This includes an Initial Fee of $75,000 that must be paid to JIS Franchising LLC.
    If you sign an Area Development Agreement, you must also pay JIS Franchising LLC a Development Fee equal to $10,000 multiplied by the number of Johnny’s Italian Steakhouse Restaurants that you develop under the Area Development Agreement and an Initial Fee of $65,000 for each Restaurant you develop in your Territory.

    Seeking new franchise units throughout the U.S. , Asia, Canada and Middle East.