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Below is an in-depth analysis and side-by-side comparison of Montana Mike's Steakhouse vs Ruth's Chris Steak House including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $439,000 - $2,700,000 | $2,539,500 - $5,923,500 |
Franchise Fee | $20,000 | $150,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 2% |
Year Founded | 1999 | 1965 |
Year Franchised | 1999 | 1976 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Montana Mike's is a full-service steakhouse concept specializing in big appetites and great value. Our steaks are naturally aged, USDA steaks, hand-cut at the restaurant and grilled to your liking. The atmosphere is reminiscent of a mountain lodge and our service is first class. All Montana Mike's offer beer and wine with all new locations having a full bar.
With more locations than any other upscale steakhouse, our excellent service, genuine hospitality and signature sizzle is recognized by customers worldwide. The recipe is brilliantly simple: we deliver the best steak experience one memorable meal at a time, each and every time. Just like our fearless founder, Ruth Fertel, did all those years ago. Sometimes it's good to be picky: As a publicly held company with over 130 successful locations, we've worked with diverse partners to position our steak houses in unique locations. You'll find us in major hotels, casinos, prime corners of high-end malls, the most visited downtown areas - even in Boston's venerable Old City Hall. Only the very best will do: The people you want to attract to your next development - upscale, tasteful and loyal - all know what to expect from the Ruth's Chris Steak House experience. They look to us for our inviting atmosphere, award-winning wine list, USDA Prime steaks, homemade dishes and quality ingredients. 1800 broiler. 180 difference: Our USDA Prime steaks are prepared in a special 1800 broiler to seal in the juices and lock in that delicious flavor. We bring that same special sizzle to every location we call home.