
We’re sure you have plenty of questions. Many are likely about the financial commitment and experience needed to open a Steak Escape®. You will find brief answers to these top four questions below. If you have any further questions, check out our FAQ page or click on Request for Information, complete the form, and submit it to us. We'll get back to you as soon as possible.
The following represents typical costs related to opening a Steak Escape® franchise in the food court of an enclosed mall.
Initial Franchise Fee |
$25,000 |
|---|---|
Legal Costs |
$3,000 |
Architectural Costs |
$10,000 |
Construction Costs |
$150,000 |
Equipment Costs |
$80,000 |
Fixtures |
$0 |
Signs/Graphics |
$6,000 |
Cash Registers |
$7,500 |
Smallwares |
$3,000 |
Training Expenses |
$2,000 |
Store Opening Costs |
$5,000 |
TOTAL* |
$291,500 |
*Based on experience of franchisees who own and operate restaurants.
The royalty fee, paid monthly, is six percent (6%) of gross sales.
Steak Escape® currently collects one-half percent (1/2%) of gross sales for marketing production costs, payable monthly.
At this time, Steak Escape® does not offer financial assistance. We will, however, supply you with what information we can to assist in your preparation of a business plan for presentation to a financial institution(s). We also can introduce you to leasing or financing representatives that we have developed relationships with since 1982.