Start-Up Costs and Fees |
||
| The Steak Escape | East Coast Subs | |
| Investment | 190200 - 1300000 | 99000 - 175000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 4% | |
| Year Founded | 1982 | 1991 |
| Year Franchised | 1983 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Steak Escape | East Coast Subs | |
| Experience | General business experience | |
Financing Options |
||
| The Steak Escape | East Coast Subs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Steak Escape | East Coast Subs | |
| Training | We offer support & training that is covered in detail in our Franchise Disclosure Document and Operations Manual. | |
| 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 | East Coast Subs | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Steak Escape | |
| East Coast Subs | |
| Franchise Fee | |
| The Steak Escape | |
| East Coast Subs | |
| Royalty Fee | |
| The Steak Escape | 6% |
| East Coast Subs | 6% |
| Advertising Fee | |
| The Steak Escape | |
| East Coast Subs | 4% |
| Year Founded | |
| The Steak Escape | 1982 |
| East Coast Subs | 1991 |
| Year Franchised | |
| The Steak Escape | 1983 |
| East Coast Subs | 2008 |
| Term Of Agreement | |
| The Steak Escape | 20 years |
| East Coast Subs | 10 years |
| Renewal Fee | |
| The Steak Escape | |
| East Coast Subs | 20% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| The Steak Escape | General business experience |
| East Coast Subs | |
Financing Options |
|
| Franchise Fees | |
| The Steak Escape | No |
| East Coast Subs | No |
| Start-up Costs | |
| The Steak Escape | |
| East Coast Subs | |
| Equipment | |
| The Steak Escape} | |
| East Coast Subs | |
| Inventory | |
| The Steak Escape | |
| East Coast Subs | |
| Receivables | |
| The Steak Escape | |
| East Coast Subs | |
| Payroll | |
| The Steak Escape | |
| East Coast Subs | |
Training & Support |
|
| Training | |
| The Steak Escape | |
| East Coast Subs | We offer support & training that is covered in detail in our Franchise Disclosure Document and Operations Manual. |
| Support | |
| The Steak Escape | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| East Coast Subs | |
| Marketing | |
| The Steak Escape | |
| East Coast Subs | |
| 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) |
| East Coast Subs | |
Expansion Plans |
|
| US Expansion | |
| The Steak Escape | |
| East Coast Subs | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| The Steak Escape | |
| East Coast Subs | |
| International Expansion | |
| The Steak Escape | |
| East Coast Subs | |