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Below is an in-depth analysis and side-by-side comparison of Mister Bar-B-Que vs Steak & Stuff including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $159,900 - $163,600 | $95,000 - $115,000 |
Franchise Fee | $15,000 | $15,000 |
Royalty Fee | 6% | 3% |
Advertising Fee | - | - |
Year Founded | 1988 | 2006 |
Year Franchised | 1997 | 2013 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | 20% of current franchise fee | - |
Business Experience Requirements |
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Experience | No business experience required. General restaurant experience required. |
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Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/No | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | - |
Support | Toll-free phone line, Grand opening, Internet, Field operations/evaluations | *Email Newsletter *Advisory Meetings *Grand opening *Internet *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives *Management Support *Training |
Marketing | Ad slicks | *Local Media *Ad Slicks *Internet Ad campaign-- Google - Yahoo Etc *Gorilla Marketing Campaign *Facebook *Dedicated Store Web-site *Local Networking *Marketing Training for Franchisee. |
Operations |
International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. | *Number of employees- 20 - 25. *Owner/Operators Preferred . |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
NO LONGER FRANCHISING