Start-Up Costs and Fees |
||
| Mr. Mike's Steakhouse & Bar | Western Sizzlin | |
| Investment | 600000 - 1200000 | 811000 - 2300000 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | |
| Advertising Fee | ||
| Year Founded | 1960 | 1962 |
| Year Franchised | 0 | 1965 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mr. Mike's Steakhouse & Bar | Western Sizzlin | |
| Experience | ||
Financing Options |
||
| Mr. Mike's Steakhouse & Bar | Western Sizzlin | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mr. Mike's Steakhouse & Bar | Western Sizzlin | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Ad slicks | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Mr. Mike's Steakhouse & Bar | Western Sizzlin | |
| US Expansion | Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |
| Franchise Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |
| Royalty Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | 3% |
| Advertising Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |
| Year Founded | |
| Mr. Mike's Steakhouse & Bar | 1960 |
| Western Sizzlin | 1962 |
| Year Franchised | |
| Mr. Mike's Steakhouse & Bar | 0 |
| Western Sizzlin | 1965 |
| Term Of Agreement | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | 20 years |
| Renewal Fee | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |
Business Experience Requirements |
|
| Experience | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |
Financing Options |
|
| Franchise Fees | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |
| Start-up Costs | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |
| Equipment | |
| Mr. Mike's Steakhouse & Bar} | |
| Western Sizzlin | |
| Inventory | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |
| Receivables | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |
| Payroll | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |
Training & Support |
|
| Training | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |
| Support | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | Ad slicks |
| Operations | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | 0 |
| International Expansion | |
| Mr. Mike's Steakhouse & Bar | |
| Western Sizzlin | |