|
Below is an in-depth analysis and side-by-side comparison of Mr. Mike's Steakhouse & Bar vs Voo Doo BBQ & Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $600,000 - $1,200,000 | $340,500 - $625,000 |
Franchise Fee | $50,000 | $35,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 2% |
Year Founded | 1960 | 2002 |
Year Franchised | 0 | 2006 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | You and your key managers will participate in an intense training course for four to six weeks at our headquarters in Baton Rouge. During training you will be given our detailed manual that covers a wide array of topics key to operating your restaurant. Our store opening team will be on site with you several days before you open to help you set up your store and train your staff. We will stay with you for several days after you open to assist in the transition. As needed we will provide on-going training to intro- duce new operating methods and menu items. |
Support | - | Our field support team will periodically visit your store to meet with you and provide operational evaluations. Our CEO provides personal financial and performance consulting to each of our franchisees at least once a month. We go above and beyond to assist our franchisees with their success. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
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.