Steak-Out Franchising Inc.

Founded: 1986 Franchising since: 1988
Franchising since 1988, Steak-Out Franchising Inc. CEO Don Harkleroad knows a lot about home meal replacement. Steak-Out offers delivery franchises in the Southeast, Mid-Atlantic and Midwest. The privately held company offers both multi-unit opportunities and exclusive areas for growth.

3091 Governors Lake Dr., #500 Norcross, Georgia 30071-1130

Phone: (678)533-6000

Franchisor is a privately-held company with 18 employee(s); 9 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	51	0	0	2
2008	--	--	--	--
2007	65	0	0	1
2006	68	0	0	3
2005	70	0	0	3

Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Missouri, Mississippi, North carolina, New jersey, New york, Ohio, Pennsylvania, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, West virginia

Exclusive territories available.
Territory size: Defined by delivery area

Special Programs
Steering committees provide an open forum between the corporate staff and store operators.

Total investment: $271K-453K Franchise fee: $30K

Ongoing royalty fee: 5% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $400K+
Cash liquidity requirement: $75K-100K
Business Experience:

• General business experience
• Marketing skills
• Industry experience required for multi-unit operation

Operations

• 50% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 30
• Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training

• Available at headquarters: 4 weeks
• At franchisee's location: 1-2 weeks

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Ad slicks
• National media

Other marketing support

• Local store marketing

Franchise 500® rank:
#465 (2007); #358 (2006); #458 (2005);