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Updated RecentlySteak-Out vs Hickory River Smokehouse Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steak-Out vs Hickory River Smokehouse 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 | $400,000 - $800,000 |
| Franchise Fee | $30,000 | $18,000 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | - | - |
| Year Founded | 1986 | 2006 |
| Year Franchised | 1988 | 2006 |
| 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 Hickory River Smokehouse
To understand why Hickory River Smokehouse, a small, quickservice restaurant chain based in Tipp City OH, Champaign-Urbana IL, is without a doubt one of the Best Undiscovered Franchises in our solar system, you need to understand two things. The first is Barbecue. The second is Brad & Krista Bowman.
What you need to know is that Barbecue is a religion. There is no more passionate of a congregation than the devotees of Barbecue.
Hickory River Smokehouse serves real Texas barbecue, in the tradition of the legendary barbecue pits that Brad, literally, visited and studied from one end of the Lone Star state to the other.
The Bowmans created Hickory River Smokehouse to provide authentic, incredible Texas-style barbecue to the rest of the country without compromising flavor or quality.
A powerful advantage of the Hickory River Smokehouse concept and product line is its suitability for both take-out and off-premise catering business, two of the most highly prized revenue centers in the restaurant industry. To find out more about this tasty opportunity, you need to contact Brad Bowman or request some more information right away. But be forewarned: you may gain a few pounds before you even get through training.
Voted as one of the Top 10 Best Undiscovered Franchises by IdeaFarm, Hickory River Smokehouse and its "Real Texas Barbecue" may be your true ground-floor opportunity to join a Brand with broad appeal and unlimited growth potential. By smoking all meats on site, we create the most tender, flavorful meats possible, then serve it with our proprietary Texas-style barbecue sauce. With complete support, begin building your net worth with our unique concept and be an entrepreneur.