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Updated RecentlyMr. Mike's Steakhouse & Bar vs Ponderosa Steakhouse Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Mike's Steakhouse & Bar vs Ponderosa Steakhouse including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $600,000 - $1,200,000 | $1,200,000 - $2,300,000 |
| Franchise Fee | $50,000 | $40,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 1960 | 1966 |
| Year Franchised | 0 | 1966 |
| 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 | - | - |
| International Expansion | - | - |
Company Overviews
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.About Ponderosa Steakhouse
Ponderosa has always been known for it's flame-grilled Steak, Chicken and Seafood dinners; each served with an All-You-Can-Eat Buffet at lunch and dinner. Ponderosa has been franchising since 1966 and our franchisees have played a vital role in our growth and strategic direction.