Mr. Greek Restaurants vs The Lost Cajun Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Greek Restaurants vs The Lost Cajun including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Mr. Greek Restaurants Franchise
The Lost Cajun Franchise
Investment $400,000 - $750,000$252,600 - $698,500
Franchise Fee $35,000 - $50,000$40,000
Royalty Fee 5%6%
Advertising Fee 4%1%
Year Founded 19882010
Year Franchised 19932013
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Mr. Greek Restaurants Franchise
The Lost Cajun Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Mr. Greek Restaurants Franchise
    The Lost Cajun Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/Yes
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Mr. Greek Restaurants Franchise
    The Lost Cajun Franchise
    Training - On-The-Job Training: 68 hours Classroom Training: 12 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising Ad Templates National Media Social media SEO Website development
    Operations Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15 - 30

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    		Number of Employees Required to Run: 20 - 30

    Expansion Plans
     
    Mr. Greek Restaurants Franchise
    The Lost Cajun Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Mr. Greek Restaurants

    The name MR. GREEK has become synonymous with Greek and Mediterranean cuisine that defines quality, value and service. MR. GREEK Mediterranean Grills are full service casual dining restaurants have patios, take-out and delivery. MR. GREEK serves a delicious blend of grilled seafood, pastas, and Greek specialties such as souvlaki, tzatziki, and saganaki. The franchisor, provides site selection, lease negotiation, construction, training and ongoing support.
    Owner-operators share two common passions. One is for the restaurant and the other is to succeed! A partnership with MR. GREEK is firmly based on the principle of mutual success, and on all parties striving together to achieve that success. MR. GREEK is seeking single or multi-unit franchisee partners in Ontario and Eastern Canada, and multi-unit development partners in territories throughout North America.

    About The Lost Cajun

    The Lost Cajun® was founded in October of 2010 in Frisco, Colorado. In 2012, we opened The Lost Cajun® in Breckenridge, Colorado. Since then we have grown The Lost Cajun® brand to more than 20 stores nationwide and counting!

    Our customers have been driving our growth, with people from all over the country wanting to open a Lost Cajun® restaurant in their hometown. We believe that it is our unique culture and atmosphere, friendly staff, and of course great consistent food that makes us such a popular destination. We offer a unique brand that is not just another sandwich shop, pizza store or another burger joint. It's "food that you can taste" not too spicy and full of flavors that you have yet to experience!

    Exclusive developmental markets now available in key cities across the United States.