The Steak Escape vs Texas Roadhouse Franchise Comparison

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

Start-Up Costs and Fees
 
The Steak Escape Franchise
Texas Roadhouse Franchise
Investment $190,200 - $1,300,000$2,093,500 - $4,963,500
Franchise Fee $25,000$40,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19821995
Year Franchised 19831995
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


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

    Financing Options
     
    The Steak Escape Franchise
    Texas Roadhouse 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
    Texas Roadhouse 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
    Texas Roadhouse 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 Texas Roadhouse

    "Texas

    Based in Louisville, Kentucky, Texas Roadhouse opened its doors in 1993 and has more than 580 locations in 49 states and ten countries.
    The family-friendly restaurant is famous for hand-cut steaks, made-from-scratch sides, fresh-baked bread, and a lively atmosphere.
    Texas Roadhouse was consecutively voted #1 Steak by Nation’s Restaurant News Consumer Picks Survey in 2015 and 2016.
    Restaurant Business named Texas Roadhouse the #1 Full-Service Chain in
    Sales and Satisfaction in 2016.
    Most recently, the company was recognized as one of America’s Best Large Employers by Forbes.