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Steak and Ale

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Steak and Ale
6500 International Pkwy., # 1000
Plano, TX 75093
800#: (800) 543-9670
Tel: (972) 588-5657
Fax: (972) 588-5806
E-Mail:
Web Site: www.steakandale.com
Contact: Mr. Art Kilmer, VP Franchising


STEAK AND ALE is an up-scale restaurant that features a variety of distinctive tastes, such as prime rib, steaks and a fresh salad bar served in a casually elegant atmosphere.




Franchisor Background


Established: 1966
First Franchise: 1998
Franchise Units: 1
Company-Owned Units: 107
Total Units: 108

Distribution:
U.S. -- 113; Canada -- 0; International -- 0
�North America -- Operations in 24 States
�States/Provinces with Greatest Density: 27 in FL, 25 in TX, 7 in NJ

Projected New Units Over Next 12 months:NR
Franchisee Qualifications:5, 5, 4, 3, 4, 5
(Click here for an explanation)

Registered in Following Registration States: All States
Average Number of Employees: NR (FT = Full Time, PT = Part Time)
Space Needs: 6,300 SF; FS (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $500K
Total Investment: $1.0-2.0MM
Average Total Investment: $1,500.0K
Minimum Net Worth: $1MM

Fees
�Franchise: $50K;
�Average Franchise Fee: $50.0K
�Royalty: 4%
�Average Royalty: 4.0%
�Advertising: 4%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 20/Varies
Passive Ownership: Discouraged
Area Development Agreements: Yes/20
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: Yes
Franchisee Association / Member: Yes/No
Size Of Corporate Staff: 375
On-Going Support: A,B,C,D,E,G,h (Click here for an explanation)
Training: Headquarters at Plano, TX; in Unit.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: All Countries

Note: NR = No Response by Franchisor.
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