Shula's Steak House vs Mr. Mike's Steakhouse & Bar Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shula's Steak House vs Mr. Mike's Steakhouse & Bar including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Shula's Steak House Mr. Mike's Steakhouse & Bar
Investment 1126600 - 3037500 600000 - 1200000
Franchise Fee 0
Royalty Fee 12%
Advertising Fee Not less than $30,000
Year Founded 0 1960
Year Franchised 0 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Shula's Steak House Mr. Mike's Steakhouse & Bar
Experience

Financing Options

  Shula's Steak House Mr. Mike's Steakhouse & Bar
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Shula's Steak House Mr. Mike's Steakhouse & Bar
Training The Franchise Owner, the Head Coach, the Business Development Manager, the Shula's Chef, and any oth er employees that designated must attend and complete the Basic training program. The training is based at the franchise premise for 14 days. The franchisee must pay for the expenses incurred by the franchisor during the basic training. The Head Coach, Business Development Manager, and Shula's Chef must complete the Managers' Training Program, which consists of three to five business days located at corporate headquarters.
Support
Marketing
Operations The franchisee must act as or hire a designated Head Coach to act as the franchised business's general manager. The Head Coach must devote, on a full-time basis, his or her best efforts to managing and operating the franchised business. The franchised business requires the Head Coach's day-to-day supervision. The franchisee must also hire a Business Development Manager, who is primarily responsible for developing business from individuals and organizations within the protected territory. The franchisee must also hire a Shula's Chef, who is the franchised business's head chef and is primar ily responsible for operating and managing its kitchen.

Expansion Plans

  Shula's Steak House Mr. Mike's Steakhouse & Bar
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Shula's Steak House
Mr. Mike's Steakhouse & Bar
Franchise Fee
Shula's Steak House
Mr. Mike's Steakhouse & Bar
Royalty Fee
Shula's Steak House 12%
Mr. Mike's Steakhouse & Bar
Advertising Fee
Shula's Steak House Not less than $30,000
Mr. Mike's Steakhouse & Bar
Year Founded
Shula's Steak House 0
Mr. Mike's Steakhouse & Bar 1960
Year Franchised
Shula's Steak House 0
Mr. Mike's Steakhouse & Bar 0
Term Of Agreement
Shula's Steak House 10 years +10+10
Mr. Mike's Steakhouse & Bar
Renewal Fee
Shula's Steak House
Mr. Mike's Steakhouse & Bar


Business Experience Requirements

Experience
Shula's Steak House
Mr. Mike's Steakhouse & Bar

Financing Options

 
Franchise Fees
Shula's Steak House
Mr. Mike's Steakhouse & Bar
Start-up Costs
Shula's Steak House
Mr. Mike's Steakhouse & Bar
Equipment
Shula's Steak House}
Mr. Mike's Steakhouse & Bar
Inventory
Shula's Steak House
Mr. Mike's Steakhouse & Bar
Receivables
Shula's Steak House
Mr. Mike's Steakhouse & Bar
Payroll
Shula's Steak House
Mr. Mike's Steakhouse & Bar

Training & Support

Training
Shula's Steak House The Franchise Owner, the Head Coach, the Business Development Manager, the Shula's Chef, and any oth er employees that designated must attend and complete the Basic training program. The training is based at the franchise premise for 14 days. The franchisee must pay for the expenses incurred by the franchisor during the basic training. The Head Coach, Business Development Manager, and Shula's Chef must complete the Managers' Training Program, which consists of three to five business days located at corporate headquarters.
Mr. Mike's Steakhouse & Bar
Support
Shula's Steak House
Mr. Mike's Steakhouse & Bar
Marketing
Shula's Steak House
Mr. Mike's Steakhouse & Bar
Operations
Shula's Steak House The franchisee must act as or hire a designated Head Coach to act as the franchised business's general manager. The Head Coach must devote, on a full-time basis, his or her best efforts to managing and operating the franchised business. The franchised business requires the Head Coach's day-to-day supervision. The franchisee must also hire a Business Development Manager, who is primarily responsible for developing business from individuals and organizations within the protected territory. The franchisee must also hire a Shula's Chef, who is the franchised business's head chef and is primar ily responsible for operating and managing its kitchen.
Mr. Mike's Steakhouse & Bar

Expansion Plans

US Expansion
Shula's Steak House
Mr. Mike's Steakhouse & Bar
Canada Expansion
Shula's Steak House
Mr. Mike's Steakhouse & Bar
International Expansion
Shula's Steak House
Mr. Mike's Steakhouse & Bar