Mikes Restaurants vs Strings Italian Cafe Franchise Comparison

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

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


Business Experience Requirements
  Mikes Restaurants Strings Italian Cafe
Experience

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

Training & Support
  Mikes Restaurants Strings Italian Cafe
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
  Mikes Restaurants Strings Italian Cafe
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
Mikes Restaurants
Strings Italian Cafe
Franchise Fee
Mikes Restaurants
Strings Italian Cafe
Royalty Fee
Mikes Restaurants 5%
Strings Italian Cafe 5%
Advertising Fee
Mikes Restaurants 3%Nat'l+1.5%Local
Strings Italian Cafe 2%
Year Founded
Mikes Restaurants 1967
Strings Italian Cafe 1987
Year Franchised
Mikes Restaurants 1968
Strings Italian Cafe 1989
Term Of Agreement
Mikes Restaurants
Strings Italian Cafe 10 years +5
Renewal Fee
Mikes Restaurants
Strings Italian Cafe


Business Experience Requirements
Experience
Mikes Restaurants
Strings Italian Cafe

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

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

Expansion Plans
US Expansion
Mikes Restaurants
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
Canada Expansion
Mikes Restaurants
Strings Italian Cafe
International Expansion
Mikes Restaurants
Strings Italian Cafe