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Below is an in-depth analysis and side-by-side comparison of Miami Grill vs Quaker Steak & Lube including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $175,000 - And Up | $1,800,000 - $3,700,000 |
Franchise Fee | $30,000 | $40,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 3% | 3% |
Year Founded | - | 1974 |
Year Franchised | - | 1997 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Miami Subs Grill's Franchise Program will provide training and support services at our Training Center in Fort Lauderdale, Florida. The training program is designed to cover all facets of operating a Miami Subs Grill franchise; focusing on store operations � both theoretical and practical. | Available at headquarters: 8-10 weeks. |
Support | Our support system includes assistance with site selection, architecture, product development, purchasing, inventory control, marketing, and ongoing operational support. Becoming a Miami Subs Grill franchisee means that everyone will always be part of a great team: in business for yourself, but not by yourself. | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Marketing Programs are designed to increase store traffic, create "top of mind" awareness, and build the Miami Subs Grill brand in your area. Each restaurant will be provided access to marketing support from pre-opening through operational stages. Assistance will be provided in the following areas: � Marketing and Advertising � Public Relations � Print Materials � Soft and Grand Opening Assistance � National and Regional Advertising | Co-op advertising, National media, Regional advertising |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | No |
Miami Subs Grill is Florida's Largest Regional Sub/Grill Chain. This success has been achieved by a team of dedicated, innovative people who are committed to excellence, pride, loyalty and creative thinking. We are proud to offer our customers the finest choice of meals for any eating occasion. It is our belief that our customers are why we are in business and why our focus on satisfying their needs continues to make us so successful. This decade will be even more fantastic for Miami Subs Grill as we expand operations and add a new presence to our franchise family. Our company's success lies in our dedication to quality, cleanliness, and customer service. This credo is at the very heart of the day-to-day operations of every department within the company and forms the foundation and rationale for everything we do. Supported by our employees, state-of-the-art computerized management and operations systems, and driven by the desire to be the best, Miami Subs Grill is looking forward to a bright future in developing franchisee relationships around the world. Miami Subs Grill is committed to success. We are looking for people who understand and give credence to our vision of providing both an exceptional product and quality service. These individuals will become part of our family, and together, we expect to flourish. Wherever people gather, Miami Subs Grill will be there. It is our mandate.
Founded in 1974 in Sharon, Pa., the Award-Winning casual dining restaurant chain has expanded to more than 60 locations throughout the United States and Canada. Quaker Steak & Lube offers the most differentiated decor, including gas station and motoring memorabilia, classic cars, motorcycles and race cars suspended from the ceiling. Voted Best Wings USA, our concept's varied menu has combined craveable food and high-octane events to create a cult-like fan following. With great new franchise territories available, Quaker Steak & Lube offers America's hottest franchise opportunity while winning hundreds of national and international awards for its innovative menu, unique trade dress, jumbo wings and more than 25 signature wing flavors. What We Offer at Quaker Steak & Lube Franchise * Great new franchise territories available around the country * Multiple revenue streams in each location * Multiple building designs * Wide demographic appeal * Fun casual dining environment * Award-Winning menu * Unique trade dress * Over 25 signature wing flavors * Fresh, never frozen, jumbo bone-in wings