Start-Up Costs and Fees |
||
| Western Sizzlin | Steak Escape | |
| Investment | 811000 - 2300000 | 224000 - 665000 |
| Franchise Fee | ||
| Royalty Fee | 3% | 6% |
| Advertising Fee | 0.50% | |
| Year Founded | 1962 | 1996 |
| Year Franchised | 1965 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Western Sizzlin | Steak Escape | |
| Experience | ||
Financing Options |
||
| Western Sizzlin | Steak Escape | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Western Sizzlin | Steak Escape | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Ad slicks | |
| Operations | 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 |
||
| Western Sizzlin | Steak Escape | |
| 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 | |
| Western Sizzlin | |
| Steak Escape | |
| Franchise Fee | |
| Western Sizzlin | |
| Steak Escape | |
| Royalty Fee | |
| Western Sizzlin | 3% |
| Steak Escape | 6% |
| Advertising Fee | |
| Western Sizzlin | |
| Steak Escape | 0.50% |
| Year Founded | |
| Western Sizzlin | 1962 |
| Steak Escape | 1996 |
| Year Franchised | |
| Western Sizzlin | 1965 |
| Steak Escape | 1996 |
| Term Of Agreement | |
| Western Sizzlin | 20 years |
| Steak Escape | |
| Renewal Fee | |
| Western Sizzlin | |
| Steak Escape | |
Business Experience Requirements |
|
| Experience | |
| Western Sizzlin | |
| Steak Escape | |
Financing Options |
|
| Franchise Fees | |
| Western Sizzlin | No |
| Steak Escape | No |
| Start-up Costs | |
| Western Sizzlin | |
| Steak Escape | |
| Equipment | |
| Western Sizzlin} | |
| Steak Escape | |
| Inventory | |
| Western Sizzlin | |
| Steak Escape | |
| Receivables | |
| Western Sizzlin | |
| Steak Escape | |
| Payroll | |
| Western Sizzlin | |
| Steak Escape | |
Training & Support |
|
| Training | |
| Western Sizzlin | |
| Steak Escape | |
| Support | |
| Western Sizzlin | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Steak Escape | |
| Marketing | |
| Western Sizzlin | Ad slicks |
| Steak Escape | |
| Operations | |
| 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) |
| Steak Escape | |
Expansion Plans |
|
| US Expansion | |
| 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, |
| Steak Escape | |
| Canada Expansion | |
| Western Sizzlin | 0 |
| Steak Escape | |
| International Expansion | |
| Western Sizzlin | |
| Steak Escape | |