Start-Up Costs and Fees |
||
| The Steak Escape | Western Sizzlin | |
| Investment | 190200 - 1300000 | 811000 - 2300000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 3% |
| Advertising Fee | ||
| Year Founded | 1982 | 1962 |
| Year Franchised | 1983 | 1965 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Steak Escape | Western Sizzlin | |
| Experience | General business experience | |
Financing Options |
||
| The 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 |
||
| The Steak Escape | Western Sizzlin | |
| Training | ||
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks | |
| 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) | 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 |
||
| The 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 | |
| The Steak Escape | |
| Western Sizzlin | |
| Franchise Fee | |
| The Steak Escape | |
| Western Sizzlin | |
| Royalty Fee | |
| The Steak Escape | 6% |
| Western Sizzlin | 3% |
| Advertising Fee | |
| The Steak Escape | |
| Western Sizzlin | |
| Year Founded | |
| The Steak Escape | 1982 |
| Western Sizzlin | 1962 |
| Year Franchised | |
| The Steak Escape | 1983 |
| Western Sizzlin | 1965 |
| Term Of Agreement | |
| The Steak Escape | 20 years |
| Western Sizzlin | 20 years |
| Renewal Fee | |
| The Steak Escape | |
| Western Sizzlin | |
Business Experience Requirements |
|
| Experience | |
| The Steak Escape | General business experience |
| Western Sizzlin | |
Financing Options |
|
| Franchise Fees | |
| The Steak Escape | No |
| Western Sizzlin | No |
| Start-up Costs | |
| The Steak Escape | |
| Western Sizzlin | |
| Equipment | |
| The Steak Escape} | |
| Western Sizzlin | |
| Inventory | |
| The Steak Escape | |
| Western Sizzlin | |
| Receivables | |
| The Steak Escape | |
| Western Sizzlin | |
| Payroll | |
| The Steak Escape | |
| Western Sizzlin | |
Training & Support |
|
| Training | |
| The Steak Escape | |
| Western Sizzlin | |
| Support | |
| The Steak Escape | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Western Sizzlin | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| The Steak Escape | |
| Western Sizzlin | Ad slicks |
| 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) |
| 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 | |
| The 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 | |
| The Steak Escape | |
| Western Sizzlin | 0 |
| International Expansion | |
| The Steak Escape | |
| Western Sizzlin | |