Steak Escape - Franchise
Steak Escape is in the business of bringing people together and like to think of ourselves not as a cheesesteak company that serves people, but rather a people company that serves cheesesteaks. Learn more about the costs, benefits, and available locations today!
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $150,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $500,000 What does Net Worth mean? |
| Franchise Fee: | $25,000 What does Franchise Fee mean? |
Options
Options available to franchisees:
| Financing: | Via 3rd party |
|---|---|
| Veteran Discount: | 15% discount off initial franchise fee |
Franchisor Details
Facts about this franchise:
| Franchise Units: | 5 |
|---|---|
| Total Units: | 65 |
| Year Founded: | 1996 |
| Franchising Since: | 1996 |
What Does a Steak Escape Franchise Cost?
To buy a franchise with Steak Escape, you'll need to have at least liquid capital of $150,000 and a minimum net worth of $500,000. Steak Escape charges a franchise fee of $25,000. They also offer financing via 3rd party as well as a discount for veterans (15% discount off initial franchise fee). *
Steak Escape Franchise Information:
The Steak Escape name and reputation for fresh, quality food are recognized across North America and beyond. Our restaurants are in 23 states and four countries, offering our made-to-order menu of fresh-grilled Cheesesteaks and specialty Subs, Fresh-Cut Fries, Salads, Wraps, Steak Burgers, and Smashed Potatoes. The centerpiece of all our restaurants is the grill, where we proudly prepare our customers' food right before their eyes.
"Laid back, casual, and family friendly, a good option for the hungry carnivore"
-- Baltimore Sun
"Steak Escape, the country's most popular place for the cheesesteak addict"
-- Metromix.com
"Steak Escape is Cleveland's best sandwich shop"
-- Fox 8 Television, Cleveland
Steak Escape was born in 1982 to provide customers with a dining experience that was different from any quick serve meal they had previously encountered. 29 years later, we remain committed to providing that unique experience, while offering our franchisees the opportunity and freedom to make lifestyle choices that can't be achieved from behind the desk.
"I've been fortunate enough to make a very comfortable living as a Steak Escape franchisee for 19 years. I continue to build new stores because, quite honestly, I've not found a better place to put my money."
Greg Thomas, Steak Escape franchisee for 19 years Jackson, Mississippi
We are happy to open our doors to you as a part of the most transparent development process in the franchise industry. Please come in and explore, learn all there is to know about our people, our business models, our past, and our future.
Then, help us understand your situation and your long-term goals and we'll see if there is a fit that works for both of us. We look forward to working with you.
BRAND POSITION
For hungry people on the go, Steak Escape is the alternative quick serve restaurant that provides a wide variety of fresh, hot, quality food at a reasonable price in a friendly environment. A great alternative to ordinary fast food.
Our Vision
Escape Enterprises will provide franchisees with a menu of business models that will allow them to offer superior products at competitive prices in a variety of settings designed to make Steak Escape® the preferred Quick Serve Restaurant of the American consumer.
Franchise Support
To help franchisees succeed, we offer a variety of expert support at start-up and on an on-going basis.
- Guidance for market analysis, site selection and negotiations
- Engineering/construction support through the development process
- Comprehensive training both initially and on an ongoing basis
- Technology support and management reporting
- National purchasing contracts to control costs
- Expert marketing support
- Regional Operations Consultants
We also provide continuous support to ensure our menu appeals to customers. We are constantly researching trends in tastes and diets to develop new and exciting menu items.
Six models from which to choose.
- Strip Center End Cap
- Free-standing
- College Campus
- Airport
- Mall Food Court
- Convenience stores "Steak Escape Express"
Availability
Steak Escape is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, 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
Interested parties should have at least $150,000 in liquid capital to invest.
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