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Updated RecentlyBennett's Bar-B-Que vs Mr. Mike's Steakhouse & Bar Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bennett's Bar-B-Que vs Mr. Mike's Steakhouse & Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,200,000 - $2,000,000 | $600,000 - $1,200,000 |
| Franchise Fee | $35,000 | $50,000 |
| Royalty Fee | 3.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1984 | 1960 |
| Year Franchised | 1989 | 0 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | - | - |
| Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Ad slicks, Regional advertising | - |
| Operations |
Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Bennett's Bar-B-Que
Engelwood, Colorado-based Bennett's Bar-B-Que has operated full and quick-service barbecue restaurants since 1984. At its Western-themed full-service restaurants, the company offers a menu of beef brisket, ribs, pork, chicken, turkey, sausage and side dishes like barbecue beans and coleslaw. The quick-service locations serve select menu items in mall food courts and shopping centers.
About Mr. Mike's Steakhouse & Bar
Mr. Mikes SteakhouseCasual came to life in 2010 from the passion and the love of food and fun of Mike Cordoba, Al Cave and Robin Chakrabarti, three entrepreneurs who saw the potential in the heritage brand Mr. Mikes. Sharing core values of family, friends and fun, Mike, Robin, Al recreated Mr. Mikes into a place where people can connect through unique experiences driven by memorable moments on a platform of great food, ambiance, and being proud Canadians…..SteakhouseCasual.
At MR MIKES, we don't presume to be average or ordinary.