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Updated RecentlySteak-Out vs Dreamland BBQ Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steak-Out vs Dreamland BBQ including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $271,000 - $453,000 | $750,000 - And Up |
| Franchise Fee | $30,000 | $45,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | .25% |
| Year Founded | 1986 | - |
| Year Franchised | 1988 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $12.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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 |
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| 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 Dreamland BBQ
Thank you for your interest in franchise opportunities with Dreamland Bar-B-Que Ribs. The legend of Dreamland's famous ribs has grown throughout the state of Alabama and beyond. Today our ribs are still cooked over an open hickory-fired pit in our dining room much as they have been since 1958. The demand for these incredible ribs is awe-inspiring. As a result of this demand, Dreamland is selling franchises. Single-unit and multi-unit franchises are currently available in Alabama, Georgia, Florida, Mississippi, Tennessee and the South Carolina area.Dreamland is interested in attracting only the highest caliber franchisee. We seek individuals who meet the following criteria: Exceptional business skills and operational experience, particularly in the casual dining industry; Financial strength and stability to sustain a rapid development schedule; Financial resources that meet our requirements. Typically for single-unit development, a prospective franchisee should have a minimum net worth of $750,000 excluding personal residence, with $200,000 in liquid assets (i.e., cash or marketable securities only). For multi-unit development (for example, 3 or more restaurants), we require a minimum net worth of $2.25 million with $800,000 in liquid assets. Dreamland does not offer any type of financial assistance.