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Below is an in-depth analysis and side-by-side comparison of Steak-Out vs R. J. Boar's Barbeque 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 | $378,000 - $910,000 |
Franchise Fee | $30,000 | $35,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | - |
Year Founded | 1986 | - |
Year Franchised | 1988 | - |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 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 | - |
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.
R.J. Boar's Franchising Corp. is granting establishment understandings for R.J. Boar's Barbecue Restaurants to qualified people. The R.J.Boar's equation has earned honors for the member eateries on which the establishment units are designed according to. Jim and Ross Murty, principals of the establishment organization, have broad eatery and establishment encounter. Ross remarked, "We have won honors in the past in light of our customer ubiquity, yet I think we are as pleased with the eatery administration framework we have created for franchisees. Furthermore, I would prescribe to anybody purchasing an establishment that they painstakingly look at the working framework, since they will utilize it regular."