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Updated RecentlyMr. Mike's Steakhouse & Bar vs Steak Escape Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Mike's Steakhouse & Bar vs Steak Escape including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $600,000 - $1,200,000 | $224,000 - $665,000 |
| Franchise Fee | $50,000 | $35,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 0.5% |
| Year Founded | 1960 | 1996 |
| Year Franchised | 0 | 1996 |
| 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 | -/- | No/No |
| Start-up Costs | -/- | No/No |
| Equipment | -/- | No/No |
| Inventory | -/- | No/No |
| Receivables | -/- | No/No |
| Payroll | -/- | No/No |
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 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.About Steak Escape
Start with fresh, quality food. Add a sizzling hot grill. Toss in
performance and a bit of friendly attitude. Throw it all together, and
you've got a great opportunity with the Steak Escape system. The Steak Escape system of quick service restaurants has more than a 25-year history of helping our franchisees provide high-quality service to their customers. We are looking for individuals who recognize the value of our brand, are interested in owning their own business, and are committed to quality.
Owning your own business is a big decision, so we encourage you to spend some time learning more about becoming a franchisee. If you have any questions along the way, feel free to give us a call.