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Steak Escape
STEAK ESCAPE prides itself on serving delicious grilled sandwiches, freshly cut fries and freshly squeezed lemonade. All of these items are created from fresh ingredients and are prepared in full view of customers using our own unique method of exhibition-style cooking. STEAK ESCAPE's signature item is The Genuine Philadelphia Cheesesteak Sandwich. Today we have opportunities available in free-standing locations, strip center locations and in mall locations!
Franchisor Background
Year Established:
1982
Franchising Since:
1983
Operating Units:
Franchised Units:
98
95.1%
Company-Owned Units:
5
4.9%
______
_____
Total Operating Units:
103
100%
Geographic Distribution:
U.S.:
98
99%
In 35 States
Canada:
0
0%
In 0 Canadian Provinces
International:
1
1%
In 0 Foreign Countries
______
_____
Total:
99
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. California
18
2. Colorado
16
3. Ohio
14
Registered in Following Registration States:
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment:
Minimum Net Worth:
$100K
Cash Investment:
$70-250K
Total Investment:
$105-501K
Average Total Investment:
$303K
Fees:
Initial Franchise Fee:
$25K
Average Franchise Fee:
$25K
On-Going Royalty:
6-5%
Average Royalty:
6%
Advertising Fee:
0.5%
Average Number of Employees:
4 Full-time, 12 Part-time
Space Needs (in square footage):
300-2,400
Preferred Sites:
Free-standing Building, Storefront, Strip Center, Regional Mall
