Steak Escape Franchise Review

Franchise Opportunity Information

What are the requirements to buy a Steak Escape franchise?

Steak Escape has an initial franchise fee of up to $25,000, with a overall upfront investment range of $224,000 to $665,000.

• Initial Franchise Fee: $25,000
• Total Investment: $224,000 to $665,000
• Working Capital: $20,000 to $30,000
• Royalty Fee: 6.0%

The initial purchase price of any franchise opportunity includes many fees. Unlock this franchise opportunity to better understand the specific costs required to own a Steak Escape, such as franchise fees, real estate costs, pre-opening advertising, and furniture and fixtures purchases. It should be noted that, franchisors must to disclose all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay. Another important consideration to review is whether the initial fees are refundable to you or not. The franchise system must disclose what criteria any of the initial fees are refundable. A franchisor must also provide details of a range of fees if their upfront fees are not the same within the franchise. A thorough analysis of the Item 5 upfront fees will provide you answers needed to make a decision to purchase this opportunity.

Can you Afford an Steak Escape Franchise. Complete our Affordability Calculator to find out!

How much can I earn by owning a Steak Escape franchised business?

As with any new investment opportunity, the franchisee's income and the profits from a Steak Escape franchise depends on many factors. One way to validate the potential revenues or profits earned from a Steak Escape franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. Usually, profits and owner's income are correspond to the size of the investment and number of locations you buy. Demand for your products, the labor costs, commercial lease rates and a number of other variables also play a huge role in your earnings and your personal income

For additional information and system-specific data on the profits of a Steak Escape franchise opportunity, unlock this franchise

How many franchise outlets do they operate?

As of the 2020 Franchise Disclosure Document, there are 35 franchised Steak Escape locations in the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Steak Escape franchise opportunities in my state?

Based on 2020 FDD analysis, Steak Escape has franchise locations in 19 states. There could be zero outlets in several states as each franchise company maps out their growth strategy differently. Certain states require franchisors to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to selling franchise opportunities to people residing in that state. These registration states have examiners review a franchise company's FDD to confirm it satisfies state regulatory conditions. In addition to registration states, some other states have enforced franchise or business opportunity laws that mandate franchisors to file their franchise within the state. In most instances the filing is simply a notice with the state. Unlike franchise registration states, the franchise filing states do not examine the FDD.

Based on the data collected this franchise is expanding into new cities and might be available near you. While planning your franchise purchase, you should be thinking about what is a good location for my business. Review the potential customer base to confirm that your city has a need or want for this business.

One of our consultants will have detailed knowledge about this brand. Unlock to learn more and talk with our advisors.

Last Reviewed: 2020