Steak-Out Char-Broiled Delivery
Yes, we actively support the inclusion and development of minority-owned franchises in the Steak-Out Char-Broiled Delivery system.
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: jmccord@steakout.com
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:
> North America -- Operations in 18 States
> States/Provinces with Greatest Density: 18 in AL, 12 in TN, 8 in GA
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 2 FT, 25-30 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,600 SF; FS, SF, SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $75-100K
Total Investment: $249-429K
Average Total Investment: $339K
Minimum Net Worth: $300K+
Fees
>Franchise: $25K
>Average Franchise Fee: $25K
>Royalty: 5%
>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
Cooperative Advertising: NA
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 18
On-Going Support: B,C,D,E,G,H,I (for an explanation click here)
Training: 4-5 Weeks Training Center in Columbia, SC.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: SE, MW
Note: NR = No Response by Franchisor.
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