Montana's vs Mr. Mike's Steakhouse & Bar Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Montana's 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

  Montana's Mr. Mike's Steakhouse & Bar
Investment 1600000 - 1800000 600000 - 1200000
Franchise Fee 0
Royalty Fee 5%
Advertising Fee 4%
Year Founded 1995 1960
Year Franchised 1998 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Montana's Mr. Mike's Steakhouse & Bar
Experience

Financing Options

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

Training & Support

  Montana's Mr. Mike's Steakhouse & Bar
Training Montana s Franchise Leadership Certification training program is a 12 week program designed to be the industry standard in equipping you to successfully and confidently operate your business. Over the course of 12 weeks you will be trained on all aspects of the restaurant from the technical details of each position to the big picture of managing the entire business and leading your team. The program is a combination of extensive in-restaurant hands on training with the added benefit of attending leadership courses at Cara University. Through Cara University you will attend a series of courses delivered by the Academy of Leadership that will provide you with the knowledge and tools to develop your restaurant team to deliver a perfect guest experience every time. Our Academy of Compliance will train and certify you in all areas of Health and Safety, Food Safety and First Aid.
Support
Marketing All Montana s locations contribute 4% of sales to the Montana s Marketing fund which provides brand building support including advertising, promotions, and in-store merchandising materials to promote the brand and help grow sales. First-rate marketing programs using radio, TV, and print to promote Montana s restaurants.
Operations

Expansion Plans

  Montana's Mr. Mike's Steakhouse & Bar
US Expansion
Canada Expansion Alberta, British Columbia, Northwest Territories, Nova Scotia, Ontario, Prince Edward Island, Saskatchewan
International Expansion

Start-Up Costs and Fees Mobile

Investment
Montana's
Mr. Mike's Steakhouse & Bar
Franchise Fee
Montana's
Mr. Mike's Steakhouse & Bar
Royalty Fee
Montana's 5%
Mr. Mike's Steakhouse & Bar
Advertising Fee
Montana's 4%
Mr. Mike's Steakhouse & Bar
Year Founded
Montana's 1995
Mr. Mike's Steakhouse & Bar 1960
Year Franchised
Montana's 1998
Mr. Mike's Steakhouse & Bar 0
Term Of Agreement
Montana's 20 years
Mr. Mike's Steakhouse & Bar
Renewal Fee
Montana's
Mr. Mike's Steakhouse & Bar


Business Experience Requirements

Experience
Montana's
Mr. Mike's Steakhouse & Bar

Financing Options

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

Training & Support

Training
Montana's Montana s Franchise Leadership Certification training program is a 12 week program designed to be the industry standard in equipping you to successfully and confidently operate your business. Over the course of 12 weeks you will be trained on all aspects of the restaurant from the technical details of each position to the big picture of managing the entire business and leading your team. The program is a combination of extensive in-restaurant hands on training with the added benefit of attending leadership courses at Cara University. Through Cara University you will attend a series of courses delivered by the Academy of Leadership that will provide you with the knowledge and tools to develop your restaurant team to deliver a perfect guest experience every time. Our Academy of Compliance will train and certify you in all areas of Health and Safety, Food Safety and First Aid.
Mr. Mike's Steakhouse & Bar
Support
Montana's
Mr. Mike's Steakhouse & Bar
Marketing
Montana's All Montana s locations contribute 4% of sales to the Montana s Marketing fund which provides brand building support including advertising, promotions, and in-store merchandising materials to promote the brand and help grow sales. First-rate marketing programs using radio, TV, and print to promote Montana s restaurants.
Mr. Mike's Steakhouse & Bar
Operations
Montana's
Mr. Mike's Steakhouse & Bar

Expansion Plans

US Expansion
Montana's
Mr. Mike's Steakhouse & Bar
Canada Expansion
Montana's Alberta, British Columbia, Northwest Territories, Nova Scotia, Ontario, Prince Edward Island, Saskatchewan
Mr. Mike's Steakhouse & Bar
International Expansion
Montana's
Mr. Mike's Steakhouse & Bar