McGhin's vs The Steak Escape Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of McGhin's vs The Steak Escape including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  McGhin's The Steak Escape
Investment 300000 - 1300000 190200 - 1300000
Franchise Fee 0
Royalty Fee 6%
Advertising Fee
Year Founded 1984 1982
Year Franchised 2006 1983
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  McGhin's The Steak Escape
Experience General business experience

Financing Options

  McGhin's The Steak Escape
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  McGhin's The Steak Escape
Training
Support Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing
Operations International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Expansion Plans

  McGhin's The Steak Escape
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
McGhin's
The Steak Escape
Franchise Fee
McGhin's
The Steak Escape
Royalty Fee
McGhin's
The Steak Escape 6%
Advertising Fee
McGhin's
The Steak Escape
Year Founded
McGhin's 1984
The Steak Escape 1982
Year Franchised
McGhin's 2006
The Steak Escape 1983
Term Of Agreement
McGhin's
The Steak Escape 20 years
Renewal Fee
McGhin's
The Steak Escape


Business Experience Requirements

Experience
McGhin's
The Steak Escape General business experience

Financing Options

 
Franchise Fees
McGhin's
The Steak Escape
Start-up Costs
McGhin's
The Steak Escape
Equipment
McGhin's}
The Steak Escape
Inventory
McGhin's
The Steak Escape
Receivables
McGhin's
The Steak Escape
Payroll
McGhin's
The Steak Escape

Training & Support

Training
McGhin's
The Steak Escape
Support
McGhin's
The Steak Escape Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing
McGhin's
The Steak Escape
Operations
McGhin's
The Steak Escape International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Expansion Plans

US Expansion
McGhin's
The Steak Escape
Canada Expansion
McGhin's
The Steak Escape
International Expansion
McGhin's
The Steak Escape