The Steak Escape vs Togo's Eateries, LLC Franchise Comparison

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

Start-Up Costs and Fees

  The Steak Escape Togo's Eateries, LLC
Investment 190200 - 1300000 240500 - 545700
Franchise Fee 0
Royalty Fee 6% 5%
Advertising Fee 3%
Year Founded 1982 1971
Year Franchised 1983 1977
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  The Steak Escape Togo's Eateries, LLC
Experience General business experience We're looking for franchisees with an entrepreneurial spirit and the willingness to work hard. Franchisees invest in us because they know how great our sandwiches are and how much our loyal guests love them. To invest in our great organization, a single restaurant development requires $150,000 in liquid assets and a net worth of $300,000. Three or more restaurant developments require $450,000 in liquid assets and a net worth of $900,000.

Financing Options

  The Steak Escape Togo's Eateries, LLC
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  The Steak Escape Togo's Eateries, LLC
Training As Togo's sandwich franchise owner, you and/or your designated manager will be enrolled in an extensive training program that covers all aspects of restaurant operations - running and marketing the business. The training includes eight hours of food safety certification; a week of classroom training at our headquarters in San Jose, which covers business operations, bookkeeping, marketing, and systems for overseeing and managing your business; three weeks of on-the-job operations training at a Togo's restaurant, learning to make sandwiches, manage inventory, and use the point of sale system. On-The-Job Training: 120 hours Classroom Training: 24 hours
Support Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations Our ongoing support sets Togo's apart. We group our restaurants into three districts: Northern California, Southern California, and New and Emerging Markets. Each group is overseen by a Vice President of Franchise Operations, who manages a team of Franchise Business Consultants. The Franchise Business Consultants help franchisees track key performance indicators, solve operational challenges, and boost performance. We also provide support with: 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 Regional Advertising Social media SEO Website development 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 Required to Run: 14 - 25

Expansion Plans

  The Steak Escape Togo's Eateries, LLC
US Expansion Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, Washington
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
The Steak Escape
Togo's Eateries, LLC
Franchise Fee
The Steak Escape
Togo's Eateries, LLC
Royalty Fee
The Steak Escape 6%
Togo's Eateries, LLC 5%
Advertising Fee
The Steak Escape
Togo's Eateries, LLC 3%
Year Founded
The Steak Escape 1982
Togo's Eateries, LLC 1971
Year Franchised
The Steak Escape 1983
Togo's Eateries, LLC 1977
Term Of Agreement
The Steak Escape 20 years
Togo's Eateries, LLC 10 years, renewable
Renewal Fee
The Steak Escape
Togo's Eateries, LLC


Business Experience Requirements

Experience
The Steak Escape General business experience
Togo's Eateries, LLC We're looking for franchisees with an entrepreneurial spirit and the willingness to work hard. Franchisees invest in us because they know how great our sandwiches are and how much our loyal guests love them. To invest in our great organization, a single restaurant development requires $150,000 in liquid assets and a net worth of $300,000. Three or more restaurant developments require $450,000 in liquid assets and a net worth of $900,000.

Financing Options

 
Franchise Fees
The Steak Escape No
Togo's Eateries, LLC No
Start-up Costs
The Steak Escape
Togo's Eateries, LLC
Equipment
The Steak Escape}
Togo's Eateries, LLC
Inventory
The Steak Escape
Togo's Eateries, LLC
Receivables
The Steak Escape
Togo's Eateries, LLC
Payroll
The Steak Escape
Togo's Eateries, LLC

Training & Support

Training
The Steak Escape
Togo's Eateries, LLC As Togo's sandwich franchise owner, you and/or your designated manager will be enrolled in an extensive training program that covers all aspects of restaurant operations - running and marketing the business. The training includes eight hours of food safety certification; a week of classroom training at our headquarters in San Jose, which covers business operations, bookkeeping, marketing, and systems for overseeing and managing your business; three weeks of on-the-job operations training at a Togo's restaurant, learning to make sandwiches, manage inventory, and use the point of sale system. On-The-Job Training: 120 hours Classroom Training: 24 hours
Support
The Steak Escape Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Togo's Eateries, LLC Our ongoing support sets Togo's apart. We group our restaurants into three districts: Northern California, Southern California, and New and Emerging Markets. Each group is overseen by a Vice President of Franchise Operations, who manages a team of Franchise Business Consultants. The Franchise Business Consultants help franchisees track key performance indicators, solve operational challenges, and boost performance. We also provide support with: 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
Togo's Eateries, LLC Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development 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)
Togo's Eateries, LLC Number of Employees Required to Run: 14 - 25

Expansion Plans

US Expansion
The Steak Escape
Togo's Eateries, LLC Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, Washington
Canada Expansion
The Steak Escape
Togo's Eateries, LLC 0
International Expansion
The Steak Escape
Togo's Eateries, LLC