Mr. Greek Restaurants vs The Lost Cajun Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Greek Restaurants vs The Lost Cajun including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Mr. Greek Restaurants Franchise
The Lost Cajun Franchise
Investment $335,000 - $665,000 $252,600 - $698,500
Franchise Fee $35,000 - $50,000 $40,000
Royalty Fee 5% 6%
Advertising Fee 4% 1%
Year Founded 1988 2010
Year Franchised 1993 2013
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee - -


Business Experience Requirements

 
Mr. Greek Restaurants Franchise
The Lost Cajun Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Mr. Greek Restaurants Franchise
    The Lost Cajun Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees No/Yes -/-
    Start-up Costs No/Yes -/-
    Equipment No/Yes -/Yes
    Inventory No/Yes -/-
    Receivables No/No -/-
    Payroll No/No -/-

    Training & Support

     
    Mr. Greek Restaurants Franchise
    The Lost Cajun Franchise
    Training - On-The-Job Training: 68 hours Classroom Training: 12 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising Co-op Advertising Ad Templates National Media Social media SEO Website development
    Operations Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15 - 30

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    Number of Employees Required to Run: 20 - 30

    Expansion Plans

     
    Mr. Greek Restaurants Franchise
    The Lost Cajun Franchise
    US Expansion Yes Yes
    Canada Expansion No -
    International Expansion Yes -

    Start-Up Costs and Fees Mobile

    Investment
    Mr. Greek Restaurants Franchise
    $335,000 - $665,000
    The Lost Cajun Franchise
    $252,600 - $698,500
    Franchise Fee
    Mr. Greek Restaurants Franchise
    $35,000 - $50,000
    The Lost Cajun Franchise
    $40,000
    Royalty Fee
    Mr. Greek Restaurants Franchise
    5%
    The Lost Cajun Franchise
    6%
    Advertising Fee
    Mr. Greek Restaurants Franchise
    4%
    The Lost Cajun Franchise
    1%
    Year Founded
    Mr. Greek Restaurants Franchise
    1988
    The Lost Cajun Franchise
    2010
    Year Franchised
    Mr. Greek Restaurants Franchise
    1993
    The Lost Cajun Franchise
    2013
    Term Of Agreement
    Mr. Greek Restaurants Franchise
    10 years
    The Lost Cajun Franchise
    -
    Renewal Fee
    Mr. Greek Restaurants Franchise
    -
    The Lost Cajun Franchise
    -


    Business Experience Requirements

    Experience
    Mr. Greek Restaurants Franchise

  • General business experience
  • Marketing skills
  • The Lost Cajun Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Mr. Greek Restaurants Franchise
    No/Yes
    The Lost Cajun Franchise
    -/-
    Start-up Costs
    Mr. Greek Restaurants Franchise
    No/Yes
    The Lost Cajun Franchise
    -/-
    Equipment
    Mr. Greek Restaurants Franchise
    No/Yes
    The Lost Cajun Franchise
    -/Yes
    Inventory
    Mr. Greek Restaurants Franchise
    No/Yes
    The Lost Cajun Franchise
    -/-
    Receivables
    Mr. Greek Restaurants Franchise
    No/No
    The Lost Cajun Franchise
    -/-
    Payroll
    Mr. Greek Restaurants Franchise
    No/No
    The Lost Cajun Franchise
    -/-

    Training & Support

    Training
    Mr. Greek Restaurants Franchise
    -
    The Lost Cajun Franchise
    On-The-Job Training: 68 hours Classroom Training: 12 hours
    Support
    Mr. Greek Restaurants Franchise
    Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    The Lost Cajun Franchise
    Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection
    Marketing
    Mr. Greek Restaurants Franchise
    Co-op advertising, Ad slicks, National media, Regional advertising
    The Lost Cajun Franchise
    Co-op Advertising Ad Templates National Media Social media SEO Website development
    Operations
    Mr. Greek Restaurants Franchise
    Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 15 - 30

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    The Lost Cajun Franchise
    Number of Employees Required to Run: 20 - 30

    Expansion Plans

    US Expansion
    Mr. Greek Restaurants Franchise
    Yes
    The Lost Cajun Franchise
    Yes
    Canada Expansion
    Mr. Greek Restaurants Franchise
    No
    The Lost Cajun Franchise
    -
    International Expansion
    Mr. Greek Restaurants Franchise
    Yes
    The Lost Cajun Franchise
    -

    Company Overviews

    About Mr. Greek Restaurants

    The name MR. GREEK has become synonymous with Greek and Mediterranean cuisine that defines quality, value and service. MR. GREEK Mediterranean Grills are full service casual dining restaurants have patios, take-out and delivery. MR. GREEK serves a delicious blend of grilled seafood, pastas, and Greek specialties such as souvlaki, tzatziki, and saganaki. The franchisor, provides site selection, lease negotiation, construction, training and ongoing support.

    About The Lost Cajun

    The Lost Cajun® was founded in October of 2010 in Frisco, Colorado. In 2012, we opened The Lost Cajun® in Breckenridge, Colorado. Since then we have grown The Lost Cajun® brand to more than 20 stores nationwide and counting!

    Our customers have been driving our growth, with people from all over the country wanting to open a Lost Cajun® restaurant in their hometown. We believe that it is our unique culture and atmosphere, friendly staff, and of course great consistent food that makes us such a popular destination. We offer a unique brand that is not just another sandwich shop, pizza store or another burger joint. It's "food that you can taste" not too spicy and full of flavors that you have yet to experience!

    Exclusive developmental markets now available in key cities across the United States.