Start-Up Costs and Fees |
||
| Steak Escape | Western Sizzlin | |
| Investment | 224000 - 665000 | 811000 - 2300000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 3% |
| Advertising Fee | 0.50% | |
| Year Founded | 1996 | 1962 |
| Year Franchised | 1996 | 1965 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Steak Escape | Western Sizzlin | |
| Experience | ||
Financing Options |
||
| Steak Escape | Western Sizzlin | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Steak Escape | Western Sizzlin | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Ad slicks | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Steak Escape | Western Sizzlin | |
| US Expansion | Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Steak Escape | |
| Western Sizzlin | |
| Franchise Fee | |
| Steak Escape | |
| Western Sizzlin | |
| Royalty Fee | |
| Steak Escape | 6% |
| Western Sizzlin | 3% |
| Advertising Fee | |
| Steak Escape | 0.50% |
| Western Sizzlin | |
| Year Founded | |
| Steak Escape | 1996 |
| Western Sizzlin | 1962 |
| Year Franchised | |
| Steak Escape | 1996 |
| Western Sizzlin | 1965 |
| Term Of Agreement | |
| Steak Escape | |
| Western Sizzlin | 20 years |
| Renewal Fee | |
| Steak Escape | |
| Western Sizzlin | |
Business Experience Requirements |
|
| Experience | |
| Steak Escape | |
| Western Sizzlin | |
Financing Options |
|
| Franchise Fees | |
| Steak Escape | No |
| Western Sizzlin | No |
| Start-up Costs | |
| Steak Escape | |
| Western Sizzlin | |
| Equipment | |
| Steak Escape} | |
| Western Sizzlin | |
| Inventory | |
| Steak Escape | |
| Western Sizzlin | |
| Receivables | |
| Steak Escape | |
| Western Sizzlin | |
| Payroll | |
| Steak Escape | |
| Western Sizzlin | |
Training & Support |
|
| Training | |
| Steak Escape | |
| Western Sizzlin | |
| Support | |
| Steak Escape | |
| Western Sizzlin | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Steak Escape | |
| Western Sizzlin | Ad slicks |
| Operations | |
| Steak Escape | |
| Western Sizzlin | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Steak Escape | |
| Western Sizzlin | Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Steak Escape | |
| Western Sizzlin | 0 |
| International Expansion | |
| Steak Escape | |
| Western Sizzlin | |