Start-Up Costs and Fees |
||
| Mr. Mike's Steakhouse & Bar | Rib Crib Barbecue | |
| Investment | 600000 - 1200000 | 400000 - 1300000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4% | |
| Advertising Fee | ||
| Year Founded | 1960 | 1992 |
| Year Franchised | 0 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mr. Mike's Steakhouse & Bar | Rib Crib Barbecue | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Mr. Mike's Steakhouse & Bar | Rib Crib Barbecue | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mr. Mike's Steakhouse & Bar | Rib Crib Barbecue | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Mr. Mike's Steakhouse & Bar | Rib Crib Barbecue | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | |
| Franchise Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | |
| Royalty Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | 4% |
| Advertising Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | |
| Year Founded | |
| Mr. Mike's Steakhouse & Bar | 1960 |
| Rib Crib Barbecue | 1992 |
| Year Franchised | |
| Mr. Mike's Steakhouse & Bar | 0 |
| Rib Crib Barbecue | 2000 |
| Term Of Agreement | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | 10 years |
| Renewal Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | $5K-10K |
Business Experience Requirements |
|
| Experience | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | |
| Start-up Costs | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | |
| Equipment | |
| Mr. Mike's Steakhouse & Bar} | |
| Rib Crib Barbecue | |
| Inventory | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | |
| Receivables | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | |
| Payroll | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | |
Training & Support |
|
| Training | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | |
| Support | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | |
| International Expansion | |
| Mr. Mike's Steakhouse & Bar | |
| Rib Crib Barbecue | |