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Updated RecentlyMr. Mike's Steakhouse & Bar vs Mighty Quinn's Barbeque Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Mike's Steakhouse & Bar vs Mighty Quinn's Barbeque 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 | $494,317 - $896,334 |
| Franchise Fee | $50,000 | $45,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 1% |
| Year Founded | 1960 | 2012 |
| Year Franchised | 0 | 2018 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | We are looking for multi-unit franchisees or qualified investors with an established operating team. A passion for food and hospitality are the two most important traits in prospective franchisees. |
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 | - | Mighty Quinn’s will host your corporate and restaurant team at our training kitchen in New Jersey for extensive course work in production, systems and protocol. Franchisees will also spend time in Mighty Quinn’s restaurants during this process. An additional 2 weeks (one week prior and one week following the opening of your first restaurant) of training will be provided in your local market. Training tools and operational guidance will be provided to the franchisee throughout the process. |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
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 Mighty Quinn's Barbeque
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Mighty Quinn’s Barbeque was founded in 2011 with the belief that great barbeque should be more available in New York City which has one of the most diverse culinary offerings in the world. Co-founders Christos Gourmos, Micha Magid and Hugh Mangum set out to change this and have now grown the brand to 10 locations including a restaurant in the iconic Yankee Stadium and 5 locations internationally.
They set out to create a brand that supported what was most important to themselves and their customers; serving all-naturally raised meats, using fresh ingredients and supporting an environment where great customer service was just as important as the food. Having set the standard in our
category we’re now looking for like-minded restaurateurs and
entrepreneurs to join us in growing our brand across the country.
Our fast casual format allows the business to thrive as both the best BBQ restaurant in the neighborhood but also a place to grab a meal in under 10 minutes.
Our phenomenal slow smoked bbq, efficient service strategy, lean labor model and scalable operating plan will allow operators to quickly expand in their markets.
Mighty Quinn's Barbeque has worked to establish Mighty Quinn’s as the category leader in
fast casual barbeque. What started as a single restaurant in the East
Village of Manhattan has grown into a brand with international locations
and a national media presence with features on the Food Network, The
New York Times and many other influential media platforms. Our mission
is to continue building on this momentum in new markets with our
franchisee partners.