Ruth's Chris Steak House vs Mighty Quinn's Barbeque Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Ruth's Chris Steak House vs Mighty Quinn's Barbeque including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Ruth's Chris Steak House Franchise
Mighty Quinn's Barbeque Franchise
Investment $2,539,500 - $5,923,500$494,317 - $896,334
Franchise Fee $150,000$45,000
Royalty Fee 5%5%
Advertising Fee 2%1%
Year Founded 19652012
Year Franchised 19762018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Ruth's Chris Steak House Franchise
Mighty Quinn's Barbeque Franchise
Experience -We are looking for multi-unit franchisees or qualified investors with an established operating team. A passion for food and hospitality are the two most important traits in prospective franchisees.

Financing Options
 
Ruth's Chris Steak House Franchise
Mighty Quinn's Barbeque Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Ruth's Chris Steak House Franchise
Mighty Quinn's Barbeque Franchise
Training -Mighty Quinn’s will host your corporate and restaurant team at our training kitchen in New Jersey for extensive course work in production, systems and protocol. Franchisees will also spend time in Mighty Quinn’s restaurants during this process. An additional 2 weeks (one week prior and one week following the opening of your first restaurant) of training will be provided in your local market. Training tools and operational guidance will be provided to the franchisee throughout the process.
Support --
Marketing --
Operations --

Expansion Plans
 
Ruth's Chris Steak House Franchise
Mighty Quinn's Barbeque Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 Mighty Quinn's Barbeque

"Mighty

Mighty Quinn’s Barbeque was founded in 2011 with the belief that great barbeque should be more available in New York City which has one of the most diverse culinary offerings in the world. Co-founders Christos Gourmos, Micha Magid and Hugh Mangum set out to change this and have now grown the brand to 10 locations including a restaurant in the iconic Yankee Stadium and 5 locations internationally.   They set out to create a brand that supported what was most important to themselves and their customers; serving all-naturally raised meats, using fresh ingredients and supporting an environment where great customer service was just as important as the food. Having set the standard in our category we’re now looking for like-minded restaurateurs and entrepreneurs to join us in growing our brand across the country.
Our fast casual format allows the business to thrive as both the best BBQ restaurant in the neighborhood but also a place to grab a meal in under 10 minutes.
Our phenomenal slow smoked bbq, efficient service strategy, lean labor model and scalable operating plan will allow operators to quickly expand in their markets.

Mighty Quinn's Barbeque has worked to establish Mighty Quinn’s as the category leader in fast casual barbeque. What started as a single restaurant in the East Village of Manhattan has grown into a brand with international locations and a national media presence with features on the Food Network, The New York Times and many other influential media platforms. Our mission is to continue building on this momentum in new markets with our franchisee partners.