STEAK ESCAPE Rated a Worst Franchise by Forbes. Do You Agree?

The Steak Escape franchise was rated one of the worst franchise opportunities in America by Forbes magazine.

Do you agree that Steak Escape is one of the worst franchises? 

Why or why not?

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(UnhappyFranchisee.Com)  The June 16, 2014 issue of Forbes magazine features their picks for America’s Best And Worst Franchises.

The Steak Escape franchise made the Forbes list of the worst franchise opportunities in the $150,001 – $500,000 investment range.

The Forbes ranking for Steak Escape included the following assessment:

No. 2 Steak Escape

Serves cheesesteaks, sandwiches and fresh-cut fries at units mostly found in food courts and airports.

Average Initial Investment: $393,450

Initial Training Hours: 154

Growth rate: –16%

Continuity: 37%

Franchisor Support: C

Here are the rest of Forbes worst franchises:

Forbes Worst Franchises with $150,001 – $500,000 Investments

(With #1 being the worst)

 

#1 Dippin’ Dots

Concept:  Franchisees sell flash-frozen beads of ice cream, yogurt, sherbet and flavored ice at inline locations, carts and mobile units

#2 Steak Escape

Concept:  Franchisees serve cheesesteaks, sandwiches and fresh-cut fries mostly at quickservice food court and airport locations

#3 Commission Express

Concept:  Franchisees works as a pay advance for realtors, turning unpaid commissions into cash.

#4 Cookies by Design

Concept:  Franchisees turn dough into “cookie bouquets” and gift baskets for holidays and various occasions.

#5 Dream Dinners

Concept:  Franchisees teaches in-person meal prep and sell measured ingredients for consumers to take home.

# 6 Avalar

Concept:  Franchisees provides training and HR support for expanding real estate and mortgage businesses.

#7  DreamMaker Bath & Kitchen

Concept:  Franchisees offer remodeling plans and provides financing in some locations.

# 8 Golf Etc.

Concept:  Franchisees operate golf stores that sell and repair golf equipment

#9 Samurai Sam’s Teriyaki Grill (Kahala)

Concept:  Franchisees operate quickservice Japanese cuisine in strip center and mall locations

#10 Great Steak & Potato Company (Kahala)

Concept:  Franchisees sell cheese steak & potatoes in mall and strip centers quickservice units

See all Forbes Worst Franchises here:

America’s Best And Worst Franchises

ARE YOU FAMILIAR WITH THE STEAK ESCAPE FRANCHISE OPPORTUNITY?  DO YOU THINK IT’S ONE OF THE WORST FRANCHISES… OR NOT? SHARE A COMMENT BELOW.

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