The Mikhails aim to offer all the amenities of a classic city steakhouse—think premium beef, thoughtful service, tableside preparations—but with prices 15 to 20 percent lower. 'We want to make it accessible to the average person who doesn't want to spend $300 for a steakhouse experience,' says Sami Mikhail.
While all three are affordable compared to higher-end chains like Ruth's Chris, Texas Roadhouse stands alone for just how cheap it is, which has led to surging sales for the fast-growing chain.