Steak-Out Char-Broiled Delivery
Steak-Out Char-Broiled Delivery
3091 Governors Lake Dr., # 500
Norcross, GA 30071-1130
800#: (877) 878-3257
Tel: (678) 533-6000
Fax: (678) 291-0222
E-Mail: [email protected]
Web Site: www.steakout.com
Contact: Mr. Joseph M. McCord, Vice President Franchising
STEAK-OUT franchising specializes in home and office deliveries of charbroiled steaks, chicken and burgers - other menu items include salads and desserts. The only full meal delivery service expanding nationwide. Customers absolutely love our combination of quality food and delivery service. America's finest delivery.
Franchisor Background
Established: 1986
First Franchise: 1987
Franchise Units: 73
Company-Owned Units: 3
Total Units: 76
Distribution:
U.S. -- 76;
Canada -- 0;
International -- 0
-North America -- Operations in 18 States
-States/Provinces with Greatest Density: 18 in AL, 12 in TN, 8 in GA
Projected New Units Over Next 12 months: 12
Franchisee Qualifications: 4, 5, 3, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,IL,IN,MD,MI,MN,NY,OR,SD,VA,WI (Click here for an explanation)
Average Number of Employees: 2 FT, 25-30 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,600 SF; FS, SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $75-100K
Total Investment: $249-429K
Average Total Investment: $339.0K
Minimum Net Worth: $300K+
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 2%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/Varies
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: NA
International Franchise Association: IFA MEMBER
Canadian Franchise Association: CFA MEMBER
Franchisee Association / Member: No
Size Of Corporate Staff: 18
On-Going Support: B,C,D,E,G,H,I (Click here for an explanation)
Training: 4-5 Weeks Training Center in Columbia, SC.
Franchisor's Specific Expansion Plans
U.S.: SE, MW
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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