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Updated RecentlySteak Escape vs McGhin's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steak Escape vs McGhin's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $224,000 - $665,000 | $300,000 - $1,300,000 |
| Franchise Fee | $35,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | 0.5% | - |
| Year Founded | 1996 | 1984 |
| Year Franchised | 1996 | 2006 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Steak Escape
Start with fresh, quality food. Add a sizzling hot grill. Toss in
performance and a bit of friendly attitude. Throw it all together, and
you've got a great opportunity with the Steak Escape system. The Steak Escape system of quick service restaurants has more than a 25-year history of helping our franchisees provide high-quality service to their customers. We are looking for individuals who recognize the value of our brand, are interested in owning their own business, and are committed to quality.
Owning your own business is a big decision, so we encourage you to spend some time learning more about becoming a franchisee. If you have any questions along the way, feel free to give us a call.
About McGhin's
NO LONGER FRANCHISIING