Strings Italian Cafe vs Mikes Restaurants Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Strings Italian Cafe vs Mikes Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Strings Italian Cafe Mikes Restaurants
Investment 325000 - 325000 650000 - 695000
Franchise Fee
Royalty Fee 5% 5%
Advertising Fee 2% 3%Nat'l+1.5%Local
Year Founded 1987 1967
Year Franchised 1989 1968
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Strings Italian Cafe Mikes Restaurants
Experience

Financing Options
  Strings Italian Cafe Mikes Restaurants
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Strings Italian Cafe Mikes Restaurants
Training 1. Gold River, CA 6 Weeks 2. On-Site 3 Weeks
Support Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings
Marketing
Operations Average Number of Employees: 4-6 Full-time, 15 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans
  Strings Italian Cafe Mikes Restaurants
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Strings Italian Cafe
Mikes Restaurants
Franchise Fee
Strings Italian Cafe
Mikes Restaurants
Royalty Fee
Strings Italian Cafe 5%
Mikes Restaurants 5%
Advertising Fee
Strings Italian Cafe 2%
Mikes Restaurants 3%Nat'l+1.5%Local
Year Founded
Strings Italian Cafe 1987
Mikes Restaurants 1967
Year Franchised
Strings Italian Cafe 1989
Mikes Restaurants 1968
Term Of Agreement
Strings Italian Cafe 10 years +5
Mikes Restaurants
Renewal Fee
Strings Italian Cafe
Mikes Restaurants


Business Experience Requirements
Experience
Strings Italian Cafe
Mikes Restaurants

Financing Options
 
Franchise Fees
Strings Italian Cafe
Mikes Restaurants
Start-up Costs
Strings Italian Cafe
Mikes Restaurants
Equipment
Strings Italian Cafe}
Mikes Restaurants
Inventory
Strings Italian Cafe
Mikes Restaurants
Receivables
Strings Italian Cafe
Mikes Restaurants
Payroll
Strings Italian Cafe
Mikes Restaurants

Training & Support
Training
Strings Italian Cafe 1. Gold River, CA 6 Weeks 2. On-Site 3 Weeks
Mikes Restaurants
Support
Strings Italian Cafe Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings
Mikes Restaurants
Marketing
Strings Italian Cafe
Mikes Restaurants
Operations
Strings Italian Cafe Average Number of Employees: 4-6 Full-time, 15 Part-time Passive Ownership: Allowed, But Discouraged
Mikes Restaurants

Expansion Plans
US Expansion
Strings Italian Cafe Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Mikes Restaurants
Canada Expansion
Strings Italian Cafe
Mikes Restaurants
International Expansion
Strings Italian Cafe
Mikes Restaurants