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Below is an in-depth analysis and side-by-side comparison of Mikes Restaurants vs Caffe Sorrentino including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $650,000 - $695,000 | $295,000 - $345,000 |
Franchise Fee | $45,000 | $20,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | 3%Nat'l+1.5%Local | 2% |
Year Founded | 1967 | 2005 |
Year Franchised | 1968 | 2008 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | Yes |
International Expansion | - | - |
Caffe Sorrentino is an authentic Italian caffe that was inspired by the success of the Sorrentino's chain of restaurants which have been in operation for 30 years. Enjoy our authentic Italian coffee, panini, pasta, gelato and delicious pastries. We are now offering Franchise opportunities & Area Development opportunities across Canada.