Steak-Out vs Shane's Rib Shack Franchise Comparison

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

Start-Up Costs and Fees
 
Steak-Out Franchise
Shane's Rib Shack Franchise
Investment $271,000 - $453,000$363,000 - $558,000
Franchise Fee $30,000$30,000
Royalty Fee 5%5%
Advertising Fee --
Year Founded 19862002
Year Franchised 19882005
Term Of Agreement 10 years10 years+5+5
Term Of Agreement 10 years10 years+5+5
Renewal Fee $12.5K-


Business Experience Requirements
 
Steak-Out Franchise
Shane's Rib Shack Franchise
Experience
  • General business experience
  • Marketing skills
  • Industry experience required for multi-unit operation
    		• -

    Financing Options
     
    Steak-Out Franchise
    Shane's Rib Shack 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
    Shane's Rib Shack Franchise
    Training -

    Hands-on experience in operating a Shane's Rib Shack restaurant in Atlanta, Georgia. This covers all facets of operating the Shane's Rib Shack business. A Shane's Rib Shack representative will then assist you at the opening of your first restaurant.
    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
    Shane's Rib Shack 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 Shane's Rib Shack

    Take advantage of franchise business opportunities and join the Shane’s Rib Shack family. We’re a little picky about choosing our operators, but if you have a passion for your community and a desire to serve great BBQ, you may have what it takes. It’s a full-time job with big time rewards.
    All roads lead to The Shack and it's becoming easy to see why. Priding itself as a "true" rib shack, this new fast-casual concept specializes in choice cut mouth watering pork BBQ, baby back ribs, crispy chicken tenders, homemade side items and made from scratch peach cobbler. It's gonna get messy!
    What types of opportunities are available? Individual and multi-unit franchise opportunities are available.