Mr. Mike's Steakhouse & Bar vs Shula's on the Beach Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Mike's Steakhouse & Bar vs Shula's on the Beach including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Mr. Mike's Steakhouse & Bar Franchise
Shula's on the Beach Franchise
Investment $600,000 - $1,200,000$1,126,600 - $3,037,500
Franchise Fee $50,000$150,000 - $175,000
Royalty Fee -10%
Advertising Fee -Not less than $30,000
Year Founded 1960-
Year Franchised 0-
Term Of Agreement -10 years +10+10
Term Of Agreement -10 years +10+10
Renewal Fee --


Business Experience Requirements

 
Mr. Mike's Steakhouse & Bar Franchise
Shula's on the Beach Franchise
Experience --

Financing Options

 
Mr. Mike's Steakhouse & Bar Franchise
Shula's on the Beach Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Mr. Mike's Steakhouse & Bar Franchise
Shula's on the Beach Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Mr. Mike's Steakhouse & Bar Franchise
Shula's on the Beach Franchise
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 Shula's on the Beach

TOP TEN REASONS FOR A SHULA'S FRANCHISE #1 Shula's Brand #2 Shula's Product #3 Shula's Knowledge / Expertise #4 Shula's Support #5 Shula's Success #6 Shula's Leadership #7 Shula's Integrity #8 Shula's Marketing #9 Shula's Business Flexibility #10 Shula's Cost Effective Design and Rehab