Steak-Out vs Billy Sims BBQ Franchise Comparison

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

Start-Up Costs and Fees
 
Steak-Out Franchise
Billy Sims BBQ Franchise
Investment $271,000 - $453,000$174,200 - $446,100
Franchise Fee $30,000$30,000
Royalty Fee 5%6%
Advertising Fee --
Year Founded 1986-
Year Franchised 1988-
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $12.5K$2500


Business Experience Requirements
 
Steak-Out Franchise
Billy Sims BBQ Franchise
Experience
  • General business experience
  • Marketing skills
  • Industry experience required for multi-unit operation
    		• -

    Financing Options
     
    Steak-Out Franchise
    Billy Sims BBQ 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
    Billy Sims BBQ 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
    Billy Sims BBQ 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 Billy Sims BBQ

    Billy Sims - former OU great and 1978 Heisman Trophy award winner is now offering Billy Sims BBQ franchises. The company is now ready to grow the brand in the US. This innovative quick casual dining experience is a proven success. Franchise support is our number one concern. Quality, consistancy and customer service is what drives our team. If you are ready to get in the draft check out our website for more details