Start-Up Costs and Fees |
||
| The Steak Escape | Mr. Pickle's Sandwich Shop | |
| Investment | 190200 - 1300000 | 151500 - 342500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $250+/wk |
| Advertising Fee | Up to 2% Monthly | |
| Year Founded | 1982 | 1996 |
| Year Franchised | 1983 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Steak Escape | Mr. Pickle's Sandwich Shop | |
| Experience | General business experience | Restaurant experience is always helpful but, if you have experience running another type of business including working with employees and customers, managing cash and generating financial statements, we have a complete training program and manuals as well as field operational staff that can help you learn this business as well as provide ongoing support for you. SBA funding may require some restaurant experience, please consult your SBA lender. Up to $400,000 minimum liquid assets Restaurant and/or Management experience 680+ credit score No bankruptcies, liens or Judgements |
Financing Options |
||
| The Steak Escape | Mr. Pickle's Sandwich Shop | |
| 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 | Mr. Pickle's Sandwich Shop | |
| 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 |
||
| The Steak Escape | Mr. Pickle's Sandwich Shop | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | |
| Franchise Fee | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | |
| Royalty Fee | |
| The Steak Escape | 6% |
| Mr. Pickle's Sandwich Shop | $250+/wk |
| Advertising Fee | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | Up to 2% Monthly |
| Year Founded | |
| The Steak Escape | 1982 |
| Mr. Pickle's Sandwich Shop | 1996 |
| Year Franchised | |
| The Steak Escape | 1983 |
| Mr. Pickle's Sandwich Shop | 2006 |
| Term Of Agreement | |
| The Steak Escape | 20 years |
| Mr. Pickle's Sandwich Shop | 10 years |
| Renewal Fee | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | |
Business Experience Requirements |
|
| Experience | |
| The Steak Escape | General business experience |
| Mr. Pickle's Sandwich Shop | Restaurant experience is always helpful but, if you have experience running another type of business including working with employees and customers, managing cash and generating financial statements, we have a complete training program and manuals as well as field operational staff that can help you learn this business as well as provide ongoing support for you. SBA funding may require some restaurant experience, please consult your SBA lender. Up to $400,000 minimum liquid assets Restaurant and/or Management experience 680+ credit score No bankruptcies, liens or Judgements |
Financing Options |
|
| Franchise Fees | |
| The Steak Escape | No |
| Mr. Pickle's Sandwich Shop | No |
| Start-up Costs | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | |
| Equipment | |
| The Steak Escape} | |
| Mr. Pickle's Sandwich Shop | |
| Inventory | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | |
| Receivables | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | |
| Payroll | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | |
Training & Support |
|
| Training | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | |
| Support | |
| The Steak Escape | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Mr. Pickle's Sandwich Shop | |
| Marketing | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | |
| 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) |
| Mr. Pickle's Sandwich Shop | |
Expansion Plans |
|
| US Expansion | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | |
| Canada Expansion | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | 0 |
| International Expansion | |
| The Steak Escape | |
| Mr. Pickle's Sandwich Shop | |