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Below is an in-depth analysis and side-by-side comparison of Mr. Mike's Steakhouse & Bar vs The Sawmill 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 | $1,000,000 |
Franchise Fee | $50,000 | $50,000 |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | 1960 | 1976 |
Year Franchised | 0 | 2004 |
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 | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
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.
Sawmill Prime Rib & Steak House clientele expect the best and are willing to compensate with a higher than average guest cheque. This is an important consideration when comparing franchise options.
We are 100% behind our Franchisees and totally committed to their success. Comprehensive training is provided and all details are addressed to ensure efficient operations in front and back of house.
Our screening process is thorough and comprehensive to ensure that your experience and business acumen are the right fit to assure mutual success in years to come.