Shane's Rib Shack vs Mr. Mike's Steakhouse & Bar Franchise Comparison

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

Start-Up Costs and Fees
 
Shane's Rib Shack Franchise
Mr. Mike's Steakhouse & Bar Franchise
Investment $363,000 - $558,000$600,000 - $1,200,000
Franchise Fee $30,000$50,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 20021960
Year Franchised 20050
Term Of Agreement 10 years+5+5-
Term Of Agreement 10 years+5+5-
Renewal Fee --


Business Experience Requirements
 
Shane's Rib Shack Franchise
Mr. Mike's Steakhouse & Bar Franchise
Experience --

Financing Options
 
Shane's Rib Shack Franchise
Mr. Mike's Steakhouse & Bar Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Shane's Rib Shack Franchise
Mr. Mike's Steakhouse & Bar Franchise
Training

Hands-on experience in operating a Shane's Rib Shack restaurant in Atlanta, Georgia. This covers all facets of operating the Shane's Rib Shack business. A Shane's Rib Shack representative will then assist you at the opening of your first restaurant.

-
Support --
Marketing --
Operations --

Expansion Plans
 
Shane's Rib Shack Franchise
Mr. Mike's Steakhouse & Bar Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Shane's Rib Shack

Take advantage of franchise business opportunities and join the Shane’s Rib Shack family. We’re a little picky about choosing our operators, but if you have a passion for your community and a desire to serve great BBQ, you may have what it takes. It’s a full-time job with big time rewards.
All roads lead to The Shack and it's becoming easy to see why. Priding itself as a "true" rib shack, this new fast-casual concept specializes in choice cut mouth watering pork BBQ, baby back ribs, crispy chicken tenders, homemade side items and made from scratch peach cobbler. It's gonna get messy!
What types of opportunities are available? Individual and multi-unit franchise opportunities are available.

About Mr. Mike's Steakhouse & Bar

Mr. Mikes SteakhouseCasual came to life in 2010 from the passion and the love of food and fun of Mike Cordoba, Al Cave and Robin Chakrabarti, three entrepreneurs who saw the potential in the heritage brand Mr. Mikes. Sharing core values of family, friends and fun, Mike, Robin, Al recreated Mr. Mikes into a place where people can connect through unique experiences driven by memorable moments on a platform of great food, ambiance, and being proud Canadians…..SteakhouseCasual.

At MR MIKES, we don't presume to be average or ordinary.