Start-Up Costs and Fees |
||
| Mr. Mike's Steakhouse & Bar | Bandana's Bar-B-Q | |
| Investment | 600000 - 1200000 | 418000 - 1100000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 1960 | 1996 |
| Year Franchised | 0 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mr. Mike's Steakhouse & Bar | Bandana's Bar-B-Q | |
| Experience | ||
Financing Options |
||
| Mr. Mike's Steakhouse & Bar | Bandana's Bar-B-Q | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Mr. Mike's Steakhouse & Bar | Bandana's Bar-B-Q | |
| Training | * Available at headquarters: 5 weeks * At franchisee's location: 10 days * As needed | |
| Support | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives * Ad slicks * Regional advertising | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Mr. Mike's Steakhouse & Bar | Bandana's Bar-B-Q | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
| Franchise Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
| Royalty Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | 5% |
| Advertising Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
| Year Founded | |
| Mr. Mike's Steakhouse & Bar | 1960 |
| Bandana's Bar-B-Q | 1996 |
| Year Franchised | |
| Mr. Mike's Steakhouse & Bar | 0 |
| Bandana's Bar-B-Q | 2004 |
| Term Of Agreement | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | 10 years |
| Renewal Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
Financing Options |
|
| Franchise Fees | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
| Start-up Costs | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
| Equipment | |
| Mr. Mike's Steakhouse & Bar} | |
| Bandana's Bar-B-Q | |
| Inventory | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
| Receivables | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
| Payroll | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
Training & Support |
|
| Training | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | * Available at headquarters: 5 weeks * At franchisee's location: 10 days * As needed |
| Support | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives * Ad slicks * Regional advertising |
| Marketing | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
| Operations | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
Expansion Plans |
|
| US Expansion | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
| Canada Expansion | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |
| International Expansion | |
| Mr. Mike's Steakhouse & Bar | |
| Bandana's Bar-B-Q | |