Real Mountain Mike’s Pizza Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Everybody loves pizza! Admit it. That’s why you ended up in this Mountain Mike’s Pizza franchise cost article. But, the question is, “can you afford the franchise?” So, let’s find out the real cost of buying Mountain Mike’s Pizza franchise, and more!
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Table of Contents
Real Mountain Mike’s Pizza Franchise Wiki
The franchise is under Mountain Mike’s Pizza LLC. It started its pizza-making business in 1978 at Newport Beach, California. Ever since Mountain Mike’s Pizza began franchising in 1981 with an estimated 220 number of units to date. Aside from pizza, Mountain Mike’s restaurant sells the following:
- Sandwiches
- Salads
- Other food products and services.
Real Mountain Mike’s Pizza Franchise Benefits
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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Real Mountain Mike’s Pizza Franchise Financial Support
Unfortunately, the franchisor does not offer direct or indirect franchising. Also, the franchisor does not guarantee a franchisee’s note, lease or obligation.
However, a $15,000 reduction off of the $30,000 initial franchise fee is offered for any qualified veterans of the U.S. Armed Forces for each restaurant purchase.
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Real Mountain Mike’s Pizza Franchise Cost
Name of Fee | Low | High |
---|---|---|
Initial Franchise Fee | $15,000 | $30,000 |
Leasehold Improvements | $50,000 | $200,000 |
Furniture, Fixtures, and Equipment | $60,000 | $150,000 |
Signage | $3,000 | $15,000 |
POS/Electronic Information System | $7,020 | $15,520 |
Three Months’ Rent | $9,000 | $40,000 |
Security Deposit | $3,000 | $12,000 |
Opening Inventory and Supplies | $10,000 | $15,000 |
Grand Opening Marketing Fee | $4,000 | $4,000 |
Décor Package | $1,500 | $8,000 |
Training Expenses for all attendees | $500 | $4,000 |
Miscellaneous Opening Costs | $20,000 | $50,000 |
Additional Funds – 3 months | $25,000 | $50,000 |
ESTIMATED TOTAL (excluding real estate purchase costs) | $208,020 | $593,520 |
Real Mountain Mike’s Pizza Franchise Training Program
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Initial training on operating a restaurant will be provided to franchisees, the managing owner, and one managerial employee. Also, the length of the training will consist of up to 15 days. Other than that, the training program’s location will be designated to one of Mountain Mike’s Pizza restaurants in California. Either that or any area designated by the franchisor.
Furthermore, all restaurant management staff will receive up to 10 days of additional training at the restaurant. Lastly, franchisees and other previously trained managers must attend any periodic refresher training courses advised by the franchisor. Take note that the franchisee will shoulder applicable fees for the said periodic courses.
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Real Mountain Mike’s Pizza Franchise Territory Agreement
Firstly, the specific location of the franchisee’s restaurant must be approved by the franchisor. Then, after the site is endorsed, the franchisor will identify the exclusive area. Furthermore, the franchisor will not establish or allow a franchisee to establish another Mountain Mike’s restaurant within the specified exclusive area.
The exclusive territory is within a 1 ½ mile radius from the restaurant. However, even if there are no other branches located within the restaurant’s designated area, there would be instances where an exclusive area may overlap with another franchisee’s exclusive location.
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Real Mountain Mike’s Pizza Franchise Terms of Agreement
The initial length for the franchise is 15 years. If franchisees are in good standing, they may acquire a successor franchise for 10 years based on franchisor’s then-current terms.
Real Mountain Mike’s Pizza Franchise Requirements
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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Real Mountain Mike’s Pizza Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply For Real Mountain Mike’s Pizza Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Real Mountain Mike’s Pizza Franchise Contact details
Website
FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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What’s Expected of a Franchisee?
- Franchisees must always be faithful, honest, and diligent in performing their contractual obligations.
- Exert excellent effort to promote and enhance the franchise restaurant.
- Not engage in any other activity that would conflict with obligations to operate the restaurant properly.
- Franchisees must offer all products and perform all services required by franchisor periodically.
- Offers for any product, or performing any services that are unauthorized by the franchisor is not allowed.
Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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