Start-Up Costs and Fees |
||
| The Steak Escape | Erbert & Gerbert's Subs & Clubs | |
| Investment | 190200 - 1300000 | 191014 - 397535 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1982 | 1987 |
| Year Franchised | 1983 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Steak Escape | Erbert & Gerbert's Subs & Clubs | |
| Experience | General business experience | Attitude determines your altitude in life and in Franchising as well. You need a willingness to work hard, some business acumen and you have to enjoy working with people. |
Financing Options |
||
| The Steak Escape | Erbert & Gerbert's Subs & Clubs | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| The Steak Escape | Erbert & Gerbert's Subs & Clubs | |
| Training | We provide training to cover every aspect of your shop. This includes food prep, guest service, staff relations, business management - basically everything you need to open an E&G. On-The-Job Training: 112 hours Classroom Training: 35 hours Additional Training: At corporate restaurant | |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app | |
| 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) | Number of employees needed to run franchised unit: 20-30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| The Steak Escape | Erbert & Gerbert's Subs & Clubs | |
| US Expansion | Iowa, Illinois, Indiana, Michigan, Minnesota, North Dakota, Oregon, South Dakota, Wisconsin, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | |
| Franchise Fee | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | |
| Royalty Fee | |
| The Steak Escape | 6% |
| Erbert & Gerbert's Subs & Clubs | 6% |
| Advertising Fee | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | 2% |
| Year Founded | |
| The Steak Escape | 1982 |
| Erbert & Gerbert's Subs & Clubs | 1987 |
| Year Franchised | |
| The Steak Escape | 1983 |
| Erbert & Gerbert's Subs & Clubs | 1992 |
| Term Of Agreement | |
| The Steak Escape | 20 years |
| Erbert & Gerbert's Subs & Clubs | 10 years |
| Renewal Fee | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | |
Business Experience Requirements |
|
| Experience | |
| The Steak Escape | General business experience |
| Erbert & Gerbert's Subs & Clubs | Attitude determines your altitude in life and in Franchising as well. You need a willingness to work hard, some business acumen and you have to enjoy working with people. |
Financing Options |
|
| Franchise Fees | |
| The Steak Escape | No |
| Erbert & Gerbert's Subs & Clubs | No |
| Start-up Costs | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | |
| Equipment | |
| The Steak Escape} | |
| Erbert & Gerbert's Subs & Clubs | |
| Inventory | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | |
| Receivables | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | |
| Payroll | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | |
Training & Support |
|
| Training | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | We provide training to cover every aspect of your shop. This includes food prep, guest service, staff relations, business management - basically everything you need to open an E&G. On-The-Job Training: 112 hours Classroom Training: 35 hours Additional Training: At corporate restaurant |
| Support | |
| The Steak Escape | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Erbert & Gerbert's Subs & Clubs | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app |
| Operations | |
| 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) |
| Erbert & Gerbert's Subs & Clubs | Number of employees needed to run franchised unit: 20-30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | Iowa, Illinois, Indiana, Michigan, Minnesota, North Dakota, Oregon, South Dakota, Wisconsin, |
| Canada Expansion | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | |
| International Expansion | |
| The Steak Escape | |
| Erbert & Gerbert's Subs & Clubs | |