Start-Up Costs and Fees |
||
| Shula's Steak House | The Steak Escape | |
| Investment | 1126600 - 3037500 | 190200 - 1300000 |
| Franchise Fee | 0 | |
| Royalty Fee | 12% | 6% |
| Advertising Fee | Not less than $30,000 | |
| Year Founded | 0 | 1982 |
| Year Franchised | 0 | 1983 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Shula's Steak House | The Steak Escape | |
| Experience | General business experience | |
Financing Options |
||
| Shula's Steak House | The Steak Escape | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Shula's Steak House | The Steak Escape | |
| Training | The Franchise Owner, the Head Coach, the Business Development Manager, the Shula's Chef, and any oth er employees that designated must attend and complete the Basic training program. The training is based at the franchise premise for 14 days. The franchisee must pay for the expenses incurred by the franchisor during the basic training. The Head Coach, Business Development Manager, and Shula's Chef must complete the Managers' Training Program, which consists of three to five business days located at corporate headquarters. | |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | ||
| Operations | The franchisee must act as or hire a designated Head Coach to act as the franchised business's general manager. The Head Coach must devote, on a full-time basis, his or her best efforts to managing and operating the franchised business. The franchised business requires the Head Coach's day-to-day supervision. The franchisee must also hire a Business Development Manager, who is primarily responsible for developing business from individuals and organizations within the protected territory. The franchisee must also hire a Shula's Chef, who is the franchised business's head chef and is primar ily responsible for operating and managing its kitchen. | 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 |
||
| Shula's Steak House | The Steak Escape | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Shula's Steak House | |
| The Steak Escape | |
| Franchise Fee | |
| Shula's Steak House | |
| The Steak Escape | |
| Royalty Fee | |
| Shula's Steak House | 12% |
| The Steak Escape | 6% |
| Advertising Fee | |
| Shula's Steak House | Not less than $30,000 |
| The Steak Escape | |
| Year Founded | |
| Shula's Steak House | 0 |
| The Steak Escape | 1982 |
| Year Franchised | |
| Shula's Steak House | 0 |
| The Steak Escape | 1983 |
| Term Of Agreement | |
| Shula's Steak House | 10 years +10+10 |
| The Steak Escape | 20 years |
| Renewal Fee | |
| Shula's Steak House | |
| The Steak Escape | |
Business Experience Requirements |
|
| Experience | |
| Shula's Steak House | |
| The Steak Escape | General business experience |
Financing Options |
|
| Franchise Fees | |
| Shula's Steak House | |
| The Steak Escape | |
| Start-up Costs | |
| Shula's Steak House | |
| The Steak Escape | |
| Equipment | |
| Shula's Steak House} | |
| The Steak Escape | |
| Inventory | |
| Shula's Steak House | |
| The Steak Escape | |
| Receivables | |
| Shula's Steak House | |
| The Steak Escape | |
| Payroll | |
| Shula's Steak House | |
| The Steak Escape | |
Training & Support |
|
| Training | |
| Shula's Steak House | The Franchise Owner, the Head Coach, the Business Development Manager, the Shula's Chef, and any oth er employees that designated must attend and complete the Basic training program. The training is based at the franchise premise for 14 days. The franchisee must pay for the expenses incurred by the franchisor during the basic training. The Head Coach, Business Development Manager, and Shula's Chef must complete the Managers' Training Program, which consists of three to five business days located at corporate headquarters. |
| The Steak Escape | |
| Support | |
| Shula's Steak House | |
| The Steak Escape | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Shula's Steak House | |
| The Steak Escape | |
| Operations | |
| Shula's Steak House | The franchisee must act as or hire a designated Head Coach to act as the franchised business's general manager. The Head Coach must devote, on a full-time basis, his or her best efforts to managing and operating the franchised business. The franchised business requires the Head Coach's day-to-day supervision. The franchisee must also hire a Business Development Manager, who is primarily responsible for developing business from individuals and organizations within the protected territory. The franchisee must also hire a Shula's Chef, who is the franchised business's head chef and is primar ily responsible for operating and managing its kitchen. |
| 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 | |
| Shula's Steak House | |
| The Steak Escape | |
| Canada Expansion | |
| Shula's Steak House | |
| The Steak Escape | |
| International Expansion | |
| Shula's Steak House | |
| The Steak Escape | |