Steak-Out vs Coyote Canyon Franchise Comparison

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

Start-Up Costs and Fees
 
Steak-Out Franchise
Coyote Canyon Franchise
Investment $271,000 - $453,000$419,000 - $3,128,000
Franchise Fee $30,000$20,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 1986-
Year Franchised 1988-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $12.5K-


Business Experience Requirements
 
Steak-Out Franchise
Coyote Canyon Franchise
Experience
  • General business experience
  • Marketing skills
  • Industry experience required for multi-unit operation
    		• -

    Financing Options
     
    Steak-Out Franchise
    Coyote Canyon Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Steak-Out Franchise
    Coyote Canyon Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Ad slicks, National media-
    Operations 50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 30

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Steak-Out Franchise
    Coyote Canyon Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Steak-Out

    Franchising since 1988, Steak-Out Franchising Inc. CEO Don Harkleroad knows a lot about home meal replacement. Steak-Out offers delivery franchises in the Southeast, Mid-Atlantic and Midwest. The privately held company offers both multi-unit opportunities and exclusive areas for growth.

    About Coyote Canyon

    Coyote Canyon is a casual low price concept with an exciting twist. It is an all-you-can-eat steak buffet with juicy steaks, tender chicken and steakburgers, all prepared right before your eyes on the display grill.

    Guests can also enjoy our hot and cold buffet, soups, salads, side dishes and vegetables as well as a full-service bakery with rolls, muffins, pies, cakes and soft serve ice cream with a variety of toppings.