Steak-Out vs Bandana's Bar-B-Q Franchise Comparison

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

Start-Up Costs and Fees
 
Steak-Out Franchise
Bandana's Bar-B-Q Franchise
Investment $271,000 - $453,000$418,000 - $1,100,000
Franchise Fee $30,000$40,000
Royalty Fee 5%5%
Advertising Fee --
Year Founded 19861996
Year Franchised 19882004
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $12.5K50% of current franchise fee


Business Experience Requirements
 
Steak-Out Franchise
Bandana's Bar-B-Q Franchise
Experience
  • General business experience
  • Marketing skills
  • Industry experience required for multi-unit operation
    		• -

    Financing Options
     
    Steak-Out Franchise
    Bandana's Bar-B-Q 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
    Bandana's Bar-B-Q Franchise
    Training -* Available at headquarters: 5 weeks

    * At franchisee's location: 10 days

    * As needed
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives* Newsletter

    * Meetings

    * Toll-free phone line

    * Grand opening

    * Internet

    * Security/safety procedures

    * Field operations/evaluations

    * Purchasing cooperatives

    * Ad slicks

    * Regional advertising
    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
    Bandana's Bar-B-Q 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 Bandana's Bar-B-Q

    The tradition began in September of 1996 when our first Bandana's BAR-B-Q opened in Arnold, Missouri. Our mission remains the same, to provide the best Southern Style BAR-B-Q, with exceptionally quick service, in a friendly, family atmosphere. Our real wood pit smokers operate 24 hours a day, which is why you can "SMELL THAT SMOKE" every time you come to Bandana's BAR-B-Q.