Steak Escape FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will operate a retail food outlet using the trade name “STEAK ESCAPE SANDWICH GRILLTM, or a variation thereof. The franchised system is a comprehensive food service operation that specializes in the retail sale of specialty sandwiches, specialty salads, specialty potatoes, fresh-cut french fries and fresh made lemonade and utilizes certain unique in-store merchandising techniques, with a strict adherence to uniform procedures to offer products of the highest quality.
Corporate Information
Escape Enterprises, Ltd. is an Ohio limited liability company, organized on September 30, 1996. Escape has offered, sold and supported STEAK ESCAPE SANDWICH GRILL franchises continuously from August 2012 and franchises under similar concepts under the name STEAK ESCAPE or a variation thereof from October 1996. Escape is majority-owned and controlled by its parent company, Escape Enterprises, Inc., .an Ohio corporation. The principal business address for Escape and EEI is 1099 Sullivant Avenue, Columbus, Ohio 43223.
Investment
The total investment necessary to begin operation of a STEAK ESCAPE SANDWICH GRILL franchise is $239,500 to $828,500. This includes $25,000 that must be paid to the Franchisor or an affiliate. The total investment necessary to begin the operation of a STEAK ESCAPE SANDWICH GRILL franchise development business is between $304,500 (for a 3 restaurant development) and $928,500 (for a 5 restaurant development). This includes a development fee of $65,000 for a three-store development and $100,000 for a five-store development that must be paid to the Franchisor or an affiliate.
