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- 2022 Franchise 500 Rank
#107 Ranked #192 last year
- Initial investment
$336K - $612K
- Units as of 2022
257 21.8% over 3 years
Here’s what you need to know if you’re interested in opening a Mountain Mike's Pizza franchise.
Mountain Mike's Pizza is a leading family-style restaurant chain that is known for its delicious pizza. The company was established in 1978, and since then, its mission has been to provide high-quality pizza in a family-oriented environment.
In over 40 years of operation, the company has enhanced and refined its franchising concept. This has made the company a favorite amongst franchisees. Mountain Mike's Pizza offers a wide variety of pizzas, as well as other dining staples such as sandwiches and chicken wings. Customers are offered the chance to create a customized pizza by choosing various toppings, sauce, and crust types. At Mountain Mike's Pizza, there is even an option for gluten-free crust. Today, Mountain Mike's Pizza's annual sales top more than a million pizzas with over 230 units across Arizona, California, Colorado, Nevada, New Mexico, Oregon, Texas, and Utah.
Why You May Want to Start a Mountain Mike's Pizza Franchise
The Mountain Mike's Pizza franchisees have a unique market position because of their reputation for delivering a great product in the most efficient of ways. Mountain Mike's Pizza community positioning, value pricing, and proven system have played a huge role in building a loyal family customer base for the pizza company.
By buying into this franchise, you get a terrific opportunity to tap into the ever-popular pizza business. The company hosts a franchisor system that stimulates franchise system growth and drives local market share. This kind of support is key to enhancing the franchisees' quality of life. Mountain Mike's Pizza understands that franchisees are the backbone of the business. This is why the company is committed to ensuring its franchisees have everything they need to operate their business.
What Might Make a Mountain Mike's Pizza Franchise a Good Choice?
Buying into the Mountain Mike's Pizza franchise sets the agreement at 15 years of operation. Your investment grants you access to proven modern equipment, site selection experts, an updated design concept, and the invaluable experience of professionals who have been involved in the dine-in industry for years.
Franchisees will need to meet Mountain Mike's Pizza set net worth and liquid capital requirements to apply. When investing, you should make sure you are financially ready for an initial investment that will include a franchise fee and other startup fees. You should also be prepared for ongoing fees, including royalty fees, advertising fees, and potential renewal fees.
How Do You Start a Mountain Mike's Pizza Franchise?
To start a Mountain Mike's Pizza, submit a request for consideration form. Upon approval of the request, the franchisor may contact you for an interview. You may then receive and review the Franchise Disclosure Document. After establishing mutual consent, you can pay early expenses and sign the franchise agreement.
Site selection can then begin with the guidance of your Mountain Mike's Pizza development agent. As your project nears completion, you will take part in an extensive training program. As soon as you are done with training and your location is complete, you can open your new Mountain Mike's Pizza!
About Mountain Mike's Pizza
- Franchising Since
- 1981 (41 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
- # of Units
- 257 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Mountain Mike's Pizza franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $336,300 - $611,600
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 50% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 15 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Mountain Mike's Pizza has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 32-122 hours
- Classroom Training
- 10-35 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in franchise ownership like Mountain Mike's Pizza? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Mountain Mike's Pizza landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Mountain Mike's Pizza ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to Mountain Mike's Pizza.
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