Samuel Mancino's Italian Eatery vs Mikes Restaurants Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Samuel Mancino's Italian Eatery vs Mikes Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Samuel Mancino's Italian Eatery Franchise
Mikes Restaurants Franchise
Investment $234,500 - $304,500$650,000 - $695,000
Franchise Fee $30,000$45,000
Royalty Fee 5%5%
Advertising Fee -3%Nat'l+1.5%Local
Year Founded 19591967
Year Franchised 19941968
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Samuel Mancino's Italian Eatery Franchise
Mikes Restaurants Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Samuel Mancino's Italian Eatery Franchise
    Mikes Restaurants Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    Samuel Mancino's Italian Eatery Franchise
    Mikes Restaurants Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Samuel Mancino's Italian Eatery Franchise
    Mikes Restaurants Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Samuel Mancino's Italian Eatery

    In the late 1950s my parents, Samuel and Marion Mancino Sr. established Sammy's Pizzeria in St. Clair Shores, Michigan. My father worked in the family restaurants for many years. In the early 1980s, my wife, Michele Mancino and I opened our first restaurant in Three Rivers, Michigan. In 1990 I was the proud owner of two Mancino’s restaurants. These were Mom and Pop concepts that I developed myself. I was frequently asked how somone could own and operate their own Mancino’s restaurant. In 1991 I met with an attorney about how I could start selling the Mancino's Italian Eatery name and let people share in my dream without owning the restaurant myself. My attorney recommended this could be done through franchising. From 1991 until 1993 I built on my dream of franchising my restaurant name and families concept until finally, in February of 1994 my first franchise was up and running. My staff consisted of myself and my one working partner. We did everything from building the stores to marketing.

    About Mikes Restaurants

    Mikes Restaurants is known for its hot submarines, generous pizzas, delicious pasta dishes and original Duettos. We are also in the "breakfast” niche since 1992 with our breakfast pizzas and flavourful countrysides.Since the first Toujours Mikes restaurant’s opening in 1967, we are part of Quebecer’s daily life. In an era where everything moves in fast forward, Mikes Restaurants offers reassuring landmarks with its classic dishes, which are always delicious.
    Mikes Restaurants is a neighborhood casual mid-scale restaurant concept specializing in Pizzas, Saute Pastas and hot Italian sandwiches and subs. We serve breakfast, lunch and dinner and provide a resto-bar area. Our corporate mantra is 'Always close to you' and convey that culture in everything we do, from grand openings to ongoing support.