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Mikes Restaurants vs Strings Italian Cafe Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mikes Restaurants vs Strings Italian Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $650,000 - $900,000 | $325,000 |
| Franchise Fee | $45,000 | $37,500 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1967 | 1987 |
| Year Franchised | 1968 | 1989 |
| Term Of Agreement | - | 10 years +5 |
| Term Of Agreement | - | 10 years +5 |
| 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 | - | 1. Gold River, CA 6 Weeks 2. On-Site 3 Weeks |
| Support | - | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings |
| Marketing | - | - |
| Operations | - | Average Number of Employees: 4-6 Full-time, 15 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Mikes Restaurants
Mikes Restaurants is a neighborhood casual mid-scale restaurant concept specializing in Pizzas, Saute Pastas and hot Italian sandwhiches 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.
About Strings Italian Cafe
Strings Restaurant Group was incorporated in July of 1999 with the mission to offer great Italian food at a very affordable price to our customers. With items ranging from pizzas and pastas to more gourmet items such as Cioppino and Veal Marsala, we are confident that we can provide a fantastic meal for everyone. Our subsidiary, Strings Franchises Inc., is currently accepting applications for some of our strategic locations.