Answers to Some of Mountain Mike’s Pizza’s Most Frequently-Asked Questions.
- ‹ What are the minimum Financial Requirements to qualify?
A potential Mountain Mike’s Pizza franchisee must have a minimum net worth of $300,000 and at least $100,000 liquid, along with having a good credit score and history.
- ‹ How much will it cost to build a franchise?
Costs vary greatly due to the store size, age of the building and regional restrictions. A total investment, inclusive of the franchise fee and working capital, will range between $203,500 and $593,000. If you would like more detailed information about the investment, submit the Franchise Application in order to receive a Franchise Disclosure Document, which contains details on every element of the estimated initial investment.
- ‹ How much money can I expect to make?
Mountain Mike’s Pizza does not predict sales or profits for any locations, however we do include data on average unit sales in Item 19 of our Franchise Disclosure Document. Profitability, however, will depend considerably upon the franchisees ability to manage the day-to-day operations and finances as well as factors specific to each location such as occupancy, costs, labor and the potential for sales.
- ‹ What is Mountain Mike’s Pizza’s franchise fee?
The franchise fee is $30,000 per unit. We offer a $15,000 reduction on the initial fee for qualified Veterans of the U.S. Armed Forces, as well as a discounted fee structure for an Area Development or Multiple Units.
- ‹ What is the Royalty Fee?
Five (5%) percent of your adjusted gross sales.
- ‹ What is the Marketing Fee?
An additional three (3%) percent fee is collected toward a national and regional Marketing and Advertising Funds, specifically to build the Mountain Mike’s Pizza brand and advertise your business regionally.
- ‹ What is the typical size store?
The traditional store size varies from 2,500-4,000 square feet. We provide you with a floor plan specifically designed for your space.
- ‹ How is my store site selected?
You are responsible for finding a location that meets the site criteria of Mountain Mike’s Pizza. We do work closely with several regional real estate brokers and will assist you in selecting your location.
- ‹ When can I expect to be profitable?
It varies by location and market as well as franchisee management. As in any business, we cannot predict earnings or profitability (based on Federal Trade Commission regulations).
- ‹ How involved am I in the development and construction?
You will work closely with your Development Agent who will guide you in selecting architects, designers, contractors and equipment vendors. Mountain Mike’s Pizza will keep in close contact so that we can check the progress of the developing location.
- ‹ Can I purchase or build multiple locations?
Yes! We encourage potential franchisees to own and operate multiple locations. In addition, we offer a discount on the franchise fee with multiple unit investments or locations under an Area Development Agreement.
- ‹ How many employees will I need?
A typical Mountain Mike’s Pizza will have anywhere from 10-15 part-time entry level employees. Owners can also hire a manager, but many franchisees manage the stores themselves. Absentee ownership is not permitted.
- ‹ I am ready to start. What are the next steps?
See Steps to Owning a Mountain Mike’s Pizza franchise.
Cost & Fees
Submit a Request for Consideration Form for review. Upon preliminary approval, you will be contacted to schedule an interview.
& $30,000 Franchise Fee After receipt and review of the FDD, mutual consent is established and a Mountain Mike’s Pizza Franchise Agreement is signed along with the $30,000 franchise fee.
With the guidance of your Development Agent you select your site to buy, lease, convert, renovate, remodel or build. This investment can range from $203,500 to $593,000.
With your site nearing completion, you take part in our extensive training program for owners and high-level management.
With training and building/renovations complete, it’s time to turn on the open sign!
Franchisees provide their personal perspective of what the business has offered to their own families as well as the families they serve in their local community.