Business Description

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

Year Established:  1986

Franchising Since:  1987

Operating Units:
Franchised Units:	30	100%
Company-Owned Units:	0	0%
Total Operating Units:	30	100.0%
Minority Representation Units Owned by Minorities: African-American: 0 Asian-American: 0 Hispanic: 0 Native American: 0 Other: 0 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.
Geographic Distribution: U.S.: 30 100% In 18 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 30 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Alabama	18
2. Georgia	8
3. Tennessee	12

Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, South Dakota, Virginia, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$300K+
Cash Investment:	$75-100K
Total Investment:	$271-453K
Average Total Investment:	$362K
Fees:
Initial Franchise Fee:	$25K
Average Franchise Fee:	$25K
On-Going Royalty:	5%
Average Royalty:	5%
Advertising Fee:	2%

Average Number of Employees: 2 Full-time, 25-30 Part-time

Space Needs (in square footage): 1,600

Preferred Sites: Free-standing Building, Storefront, Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	5
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 0 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	18
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Indirect
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Training Center in Columbia, SC	4-5 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 12 U.S.: Yes, SE, MW Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Steak-Out Char-Broiled Delivery.