Steak-Out

Description

Steak-Out is the answer to home meal replacement that more busy Americans are looking for every day. It's the perfect alternative to the ordinary choices in delivered food. Steak-Out is the largest chain in the United States dedicated to convenient delivery of a balanced menu. With over 30 stores in 13 states throughout the Southeast, Mid-West and Mid-Atlantic.

We are rapidly becoming the most popular home and business meal delivery company in half the nation. And when you consider that the projected $558 billion food service spending is for food consumed away from restaurants, you can easily see the potential for the Steak-Out concept. Invest in an opportunity with a future. Steak-Out has low start-up costs, multi-unit opportunities, exclusive areas for growth and a future in the food industry known as home meal replacement. We offer a real opportunity to capitalize on the convenience and take-out segment of the "at home meal consumption" delivery dollar.

Background

Year Established: 1986
Year First Franchised: 1987
Franchised Units: 10-50
Actual number of units: 30
Projected New Units (12 months): 10

States referrals are accepted in:

  • Alabama
  • Arizona
  • Arkansas
  • Colorado
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Mississippi
  • Missouri
  • Nebraska
  • North Carolina
  • Oklahoma
  • Oregon
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Virginia

Avail. in Canada: Masters/Area Developer: No


Notes:

Registered: CA, FL, IL, IN, MD, MI, MN, NY, OR, VA, WI


Steak-Out is ONLY seeking franchises in the following states: AL, AR, FL, GA, IL, IN, KS, KY, LA, MO, MS, NC, NE, OK, SC, SD, TN, TX and VA.

 

Financial / Terms

Cash Investment: $75,000
Minimum Investment: $75,000
Minimum Net Worth: $300,000
Franchise Fee: $30,000

Royalty: 5%
Ad: 2%
Average # of Employees: 25-30
Passive Ownership Allowed: No
Earnings Claims: No


Notes:

Total Investment: $272K - $458K
Average Number of Employees: 2 FT, 25-30 PT
Passive Ownership: Discouraged

 

Franchise Sales

Single Unit: Yes
Multiple Units: No
Area/Master Developer: No
Resales: No

 

International Expansion

International Expansion Opportunities: No
Developing outside of the U.S.: N/A
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: No
Area Development or Master Avail.: No


Notes:

No International Opportunities

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes


Notes:

6 weeks training (5 weeks in store and 1 week at Steak-Out University in Atlanta, GA.)

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474