Mikes Restaurants vs Strings Italian Cafe Franchise Comparison

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

Start-Up Costs and Fees
 
Mikes Restaurants Franchise
Strings Italian Cafe Franchise
Investment $650,000 - $695,000$325,000
Franchise Fee $45,000$37,500
Royalty Fee 5%5%
Advertising Fee 3%Nat'l+1.5%Local2%
Year Founded 19671987
Year Franchised 19681989
Term Of Agreement -10 years +5
Term Of Agreement -10 years +5
Renewal Fee --


Business Experience Requirements
 
Mikes Restaurants Franchise
Strings Italian Cafe Franchise
Experience --

Financing Options
 
Mikes Restaurants Franchise
Strings Italian Cafe Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Mikes Restaurants Franchise
Strings Italian Cafe Franchise
Training -1. Gold River, CA 6 Weeks

2. On-Site 3 Weeks
Support -Field Operation Evaluation

Field Training

Initial Store Opening

Inventory Control

Franchisee Newsletter

Regional or National Meetings
Marketing --
Operations -Average Number of Employees: 4-6 Full-time, 15 Part-time

Passive Ownership: Allowed, But Discouraged

Expansion Plans
 
Mikes Restaurants Franchise
Strings Italian Cafe Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

About Strings Italian Cafe

Strings Restaurant Group was incorporated in July of 1999 with the mission to offer great Italian food at a very affordable price to our customers. With items ranging from pizzas and pastas to more gourmet items such as Cioppino and Veal Marsala, we are confident that we can provide a fantastic meal for everyone. Our subsidiary, Strings Franchises Inc., is currently accepting applications for some of our strategic locations.