The Original Italian Pie vs Mikes Restaurants Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Original Italian Pie vs Mikes Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Original Italian Pie Franchise
Mikes Restaurants Franchise
Investment $200,000 - $617,500$650,000 - $695,000
Franchise Fee $25,000$45,000
Royalty Fee 5%5%
Advertising Fee -3%Nat'l+1.5%Local
Year Founded 19941967
Year Franchised 19951968
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
The Original Italian Pie Franchise
Mikes Restaurants Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    The Original Italian Pie Franchise
    Mikes Restaurants Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Original Italian Pie Franchise
    Mikes Restaurants Franchise
    Training Various programs-
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 30

    Absentee ownership of franchise is NOT allowed. (75% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    The Original Italian Pie Franchise
    Mikes Restaurants Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About The Original Italian Pie

    The Original Italian Pie has two models for franchising. Our Full Service model is 2500-4000 square feet with a start up cost range between $328K-$617.5K Our New The Original Italian Pie 2GO model is much smaller, requiring 1400-2000 square feet and a start up cost range between $200K-$275K. Here at "The Pie" we are currently seeking qualified individuals or groups to be a part of our growing franchise community

    About Mikes Restaurants

    Mikes Restaurants is known for its hot submarines, generous pizzas, delicious pasta dishes and original Duettos. We are also in the "breakfast” niche since 1992 with our breakfast pizzas and flavourful countrysides.Since the first Toujours Mikes restaurant’s opening in 1967, we are part of Quebecer’s daily life. In an era where everything moves in fast forward, Mikes Restaurants offers reassuring landmarks with its classic dishes, which are always delicious.
    Mikes Restaurants is a neighborhood casual mid-scale restaurant concept specializing in Pizzas, Saute Pastas and hot Italian sandwiches and subs. We serve breakfast, lunch and dinner and provide a resto-bar area. Our corporate mantra is 'Always close to you' and convey that culture in everything we do, from grand openings to ongoing support.