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Updated RecentlyRuth's Chris Steak House vs Mr. Mike's Steakhouse & Bar Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ruth's Chris Steak House 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 |
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| Investment | $2,539,500 - $5,923,500 | $600,000 - $1,200,000 |
| Franchise Fee | $150,000 | $50,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1965 | 1960 |
| Year Franchised | 1976 | 0 |
| 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 | - | - |
Company Overviews
About Ruth's Chris Steak House
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.
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.