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Updated RecentlyMr. Mike's Steakhouse & Bar vs Texas Roadhouse Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Mike's Steakhouse & Bar vs Texas Roadhouse 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 | $2,093,500 - $4,963,500 |
| Franchise Fee | $50,000 | $40,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 1960 | 1995 |
| Year Franchised | 0 | 1995 |
| 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 | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
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 Texas Roadhouse
!["Texas]("https://www.texasroadhouse.com/images/texas-roadhouse-logo@1x.36a3af8d70ee65771e0953621a5a4062.png"){kind=logo}
Based in Louisville, Kentucky, Texas Roadhouse opened its doors in 1993
and has more than 580 locations in 49 states and ten countries.
The family-friendly restaurant is famous for hand-cut steaks,
made-from-scratch sides, fresh-baked bread, and a lively atmosphere.
Texas Roadhouse was consecutively voted #1 Steak by Nation’s Restaurant
News Consumer Picks Survey in 2015 and 2016.
Restaurant Business named Texas Roadhouse the #1 Full-Service Chain in
Sales and Satisfaction in 2016.
Most recently, the company was recognized as one of America’s
Best Large Employers by Forbes.