BD's Mongolian Barbeque vs Steak & Stuff Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of BD's Mongolian Barbeque vs Steak & Stuff including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$881,000 - $2,276,500 | $95,000 - $115,000 |
Franchise Fee |
$45,000 | $15,000 |
Royalty Fee |
5% | 3% |
Advertising Fee |
- | - |
Year Founded |
1992 | 2006 |
Year Franchised |
1996 | 2013 |
Term Of Agreement |
10 years | 5 years |
Term Of Agreement |
10 years | 5 years |
Renewal Fee |
50% of fee at time of renewal | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | No business experience required. General restaurant experience required. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/Yes |
Start-up Costs |
No/No | -/Yes |
Equipment |
No/Yes | -/Yes |
Inventory |
No/No | -/Yes |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
Company certified training restaurant | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations | *Email Newsletter
*Advisory Meetings
*Grand opening
*Internet
*Security/safety procedures
*Field operations/evaluations
*Purchasing cooperatives
*Management Support
*Training |
Marketing |
Co-op advertising, Ad slicks, National media | *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 |
Franchisees required to buy multiple units/master licenses; 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 75
- 100
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | *Number of employees- 20 - 25.
*Owner/Operators Preferred . |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | Yes |
International Expansion |
No | Yes |
Company Overviews
About BD's Mongolian Barbeque
BD's Mongolian Barbeque is the world's number one Create Your Own Stir-Fry restaurant concept where the guests choose their own ingredients from a great variety of meats, seafood, vegetables, salads, sauces and spices. The food is then prepared by master grillers on a 600 degree 7-foot grill.
Since 1992, has been delivering a unique, interactive dining experience that sets us apart from the competition. has created a growing band of loyal customers that believe passionately about their ability to take charge of their own dining event. We call this our "You Rule the Experience" philosophy. The guests don't just like bd's, they "love it" as they feel they can take ownership of their own dining experience.
The total investment necessary to begin operation of a bd’s Mongolian
Grill® Restaurant is $881,000 to $2,276,500. This includes $45,000 to
$65,000 that must be paid to the franchisor or an affiliate.
Development fees for Area Development Agreements are $45,000 for the first
restaurant plus $10,000 for each additional restaurant that you agree to
develop under the terms of the franchisor’s development schedule. These
amounts will be credited against the payment of your initial franchise
fees for each restaurant that you develop.
About Steak & Stuff
We opened Steak & Stuff in July 2006. Looking at all the large corporations overcharging potential franchise customers , we decided first of all to start our own and that we could provide better food than the competition. Second , after establishing ourselves we could offer other aspiring restaurant owners security within our company. Strength in numbers so to speak.
Franchising is about minimizing risks and maximizing your returns. As a Steak & Stuff franchisor we provide operating systems, solid research and development, established marketing methods and instant credibility. You will also receive extensive training and ongoing support which can reduce the risk and build success more rapidly than trying to do it on your own.
So if you are interested in becoming your own boss give us a call.
For as little as $95,000.00 you can franchise a Steak&Stuff. We offer what the others do with training, support, marketing etc. but its what we do that they don't that sets us apart.