Mr. 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

 
Mr. Mike's Steakhouse & Bar Franchise
Steak Escape Franchise
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

 
Mr. Mike's Steakhouse & Bar Franchise
Steak Escape Franchise
Experience - -

Financing Options

 
Mr. Mike's Steakhouse & Bar Franchise
Steak Escape Franchise
  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

 
Mr. Mike's Steakhouse & Bar Franchise
Steak Escape Franchise
Training - -
Support - -
Marketing - -
Operations - -

Expansion Plans

 
Mr. Mike's Steakhouse & Bar Franchise
Steak Escape Franchise
US Expansion - -
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Mr. Mike's Steakhouse & Bar Franchise
$600,000 - $1,200,000
Steak Escape Franchise
$224,000 - $665,000
Franchise Fee
Mr. Mike's Steakhouse & Bar Franchise
$50,000
Steak Escape Franchise
$35,000
Royalty Fee
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
6%
Advertising Fee
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
0.5%
Year Founded
Mr. Mike's Steakhouse & Bar Franchise
1960
Steak Escape Franchise
1996
Year Franchised
Mr. Mike's Steakhouse & Bar Franchise
0
Steak Escape Franchise
1996
Term Of Agreement
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
-
Renewal Fee
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
-


Business Experience Requirements

Experience
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Mr. Mike's Steakhouse & Bar Franchise
-/-
Steak Escape Franchise
No/No
Start-up Costs
Mr. Mike's Steakhouse & Bar Franchise
-/-
Steak Escape Franchise
No/No
Equipment
Mr. Mike's Steakhouse & Bar Franchise
-/-
Steak Escape Franchise
No/No
Inventory
Mr. Mike's Steakhouse & Bar Franchise
-/-
Steak Escape Franchise
No/No
Receivables
Mr. Mike's Steakhouse & Bar Franchise
-/-
Steak Escape Franchise
No/No
Payroll
Mr. Mike's Steakhouse & Bar Franchise
-/-
Steak Escape Franchise
No/No

Training & Support

Training
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
-
Support
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
-
Marketing
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
-
Operations
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
-

Expansion Plans

US Expansion
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
-
Canada Expansion
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
-
International Expansion
Mr. Mike's Steakhouse & Bar Franchise
-
Steak Escape Franchise
-

Company Overviews

About Mr. Mike's Steakhouse & Bar

Founded in 1960, Mr. Mikes West Coast Grill is a full-service Steakhouse and Bar that?s uniquely West Coast. We provide ?affordable indulgence? of premium spirits and quality grilled entrees in a refreshing restaurant environment that is relaxed and inviting. A full support franchise system. Extensive 10 to 12 week training program to ensure that the customer is delivered the Mr. Mike?s experience. Once opened there is on-going support and consulting in accounting, management, marketing, menu development and human resources. Currently only available in Canada.

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.