FranchiseVerdict
Steak Escape Sandwich Grill logo
FV-02444·CAUTIONExcellent81

Steak Escape Sandwich Grill

Formerly known as Escape Room

Food & Beverage - Quick ServiceFranchising since 1996Website
Investment
$240K – $829K
47th pct Quick Service
Avg revenue
60th pct Quick Service
Royalty
6.0%
46th pct Quick Service
Units
23
44th pct Quick Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $240K – $829K including a $25K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 74/100. SBA loan default rate of 0.0% across 1 loans (below the industry average).
  • System contracting at -2080% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Escape Enterprises, Ltd.
Parent company
Escape Enterprises, Inc.
Incorporated in
Ohio
HQ
1099 Sullivant Avenue, Columbus, Ohio 43223
Auditor
Holbrook & Manter
Audited financials
Franchisor revenue
$1.1M
vs $1.0M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Steak Escape Sandwich Grill unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: qsr
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $240K–$829K
Working capital
$
FDD reports $20K–$30K

Unlevered ROIC · per unit

19%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$109K
EBITDA margin
14.5%
Total invested
$559K
Payback
62 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Steak Escape operates fast-casual sandwich and grill restaurants focused on steak-based sandwiches and grilled items. Franchisees manage daily food preparation, counter service, inventory control, staffing, and marketing within a quick-service restaurant model. The business model targets lunch and casual dinner dayparts with a menu-driven format.

CEO
Kyle Turner
Founded
1996
FDD year
2025
States available
7

Item 7 · what it costs

The Vitals

Total investment
$240K – $829K
All-in to open one unit
Liquid capital
$20K – $30K
Cash you must have on hand
Franchise fee
$25K
Royalty
6.0%
percentage of gross sales · typical 6–8%
Ad fund
1.5%
typical 3–5%
Total fee load
7.5%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
23
Opened
1
Last reporting year
Closed
4
Turnover rate
17.4%
Company-owned
4
Corporate units in the system
% franchised
83%
vs corporate-owned
Net growth (yr3)
-17.4%
Net unit change last year
3-yr CAGR
-20.8%
Compounded over last 3 years
2023
19-4
Franchised units
2024
23
Franchised units
2025
24
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 6 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Available · 6 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
1
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

74
Risk · 0-100
CAUTION74 / 100

Steak Escape exhibits multiple critical distress signals: collapsing unit count, going concern status, active franchisor-franchisee litigation, and zero financial transparency, making this a high-risk turnaround play unsuitable for most franchisees.

Score breakdown · what drove the 74 / 100 rating

  1. 01MINORUnit count collapsed 17.4% year-over-year (23 units remaining), indicating severe system contraction and franchisee failure rate
  2. 02HIGHGoing Concern designation = franchisor questioned ability to continue operations, suggesting financial distress at corporate level
  3. 03HIGHActive litigation (2022) by franchisor against franchisees for royalty collection indicates cash flow desperation and potential franchisor-franchisee conflict
  4. 04MINORNo financial disclosure (Item 19): no average unit volumes, net income, or profitability data provided—impossible to model ROI
  5. 05MINORUnprotected territory creates cannibalization risk; franchisor could open competing units nearby without restriction
  6. 06MINORWide investment range ($239.5K–$828.5K) with no clarity on what drives variance—suggests hidden costs or inconsistent support
  7. 07MINOR6% royalty on unknown revenue base is unquantifiable; combined with declining units, suggests royalty collection is strained

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Ohio

Item 11

Training & Operations

Classroom training
70 hrs
On-the-job training
142 hrs

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

6 numbers

Locked
(562) 228-••••
CA
(970) 978-••••
CO
(601) 898-••••
MS

One-time purchase · CSV download · Validation questions included

FDD download

Steak Escape Sandwich Grill · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above