Virginia Barbeque vs Montana Mike's Steakhouse Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Virginia Barbeque vs Montana Mike's Steakhouse including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Virginia Barbeque Franchise
Montana Mike's Steakhouse Franchise
Investment $81,500 - $221,500$439,000 - $2,700,000
Franchise Fee $15,000$20,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 20001999
Year Franchised 20041999
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Virginia Barbeque Franchise
Montana Mike's Steakhouse Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Virginia Barbeque Franchise
    Montana Mike's Steakhouse Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Virginia Barbeque Franchise
    Montana Mike's Steakhouse Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Regional advertising-
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 6

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Virginia Barbeque Franchise
    Montana Mike's Steakhouse Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Virginia Barbeque

    Richard Ivey, the founder of Virginia Barbeque, has been a Certified Executive Chef since 2003, with over 30 years of experience in the restaurant industry. Richard's goal was to create a business that would not only create his success, but create a business that he could share to help others do the same. His desire for "success larger than life" compelled him to create the Virginia Barbeque franchise system. Richard also wanted to create a lifestyle that worked for owners, staff and customers. Operational hours are generally from 11 a.m. to 9 p.m. Our model has been specifically designed to be family friendly to our customers and the franchise owner. Virginia Barbecue offers financial opportunity, freedom, and quality of life to those who desire success while offering a superior product to consumers.

    About Montana Mike's Steakhouse

    Montana Mike's is a full-service steakhouse concept specializing in big appetites and great value. Our steaks are naturally aged, USDA steaks, hand-cut at the restaurant and grilled to your liking. The atmosphere is reminiscent of a mountain lodge and our service is first class. All Montana Mike's offer beer and wine with all new locations having a full bar.