Full Answer
Who is the CEO of Mountain Mike's Pizza?
Chris Britt - CEOChris Britt - CEO at Britt Private Capital, CEO/Owner at Mountain Mike's Pizza, Chairman/Owner at Juice It Up! - Newport Beach, California, United States | LinkedIn.
How much does a Boston Pizza franchise cost and profit?
Facts & FiguresLiquid capital required$500,000Net worth required$1,500,000Investment$1,800,000 - $2,200,000Franchise fee$50,000Royalty5.0%1 more row
How many Mountain Mike Pizza locations are there?
What started as a single pizza restaurant with a casual, family-friendly atmosphere has since grown into a leading pizza brand. With over 40 years in business, Mountain Mike's Pizza now has more than 250 restaurants across California, Oregon, Nevada, Utah, Arizona and Idaho.
Who founded Mountain Mike's Pizza?
Thomas Van BuskirkMountain Mike's PizzaMountain Mike's Pizza in Ripon, CaliforniaIndustryFast food restaurantsGenrePizza ChainFounded1978FounderThomas Van Buskirk6 more rows
Is Boston Pizza a good investment?
The Bottom Line First, it's not great to see the company paying a dividend despite being loss-making over the last year. On the plus side, the dividend was covered by free cash flow." Overall it doesn't look like the most suitable dividend stock for a long-term buy and hold investor.
What is the cost of a Subway franchise?
How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
Who owns Mountain Mike?
The Mountain Mike's Friends and Co-Owners Chris Britt and Ed St. Geme did their undergrad work at Stanford University in Palo Alto, CA, and they both have a lot of fond memories of the first Mountain Mike's Pizza, which opened next to the campus in 1978. “Of course, this was before it became a chain,” says Britt.
How many pizzas do I need for 20 people?
8For 20 adults you should order 8 large pizzas. This may seem like an arbitrary number, but there's actually a pizza ordering formula that can help you figure out the proper amount to order for any size group. When serving adults at a regular mealtime, go by what is known as the 3/8 pizza rule.
Where is Mountain Mike's headquarters?
Newport Beach, CAMountain Mike's Pizza / Headquarters
Where did Mountain Mikes pizza start?
After opening its inaugural restaurant in Palo Alto, California in 1978, Mountain Mike's Pizza has become known for its inviting, family-friendly atmosphere and delicious pizza made using simple, fresh and quality ingredients.
Where was Mountain Mike's founded?
1978Mountain Mike's Pizza / Founded
Who owns Wild Mike's pizza?
Steve PiazzaCEO and President Steve Piazza on why pizza is more than just a meal to the Wild Mike's family. When my father began this business 50 years ago, he had a vision: to fulfill the American dream with a family business.
What does a Pizza Hut franchise cost?
Pizza Hut has a franchise fee of $25,000 for a 20-year agreement, although the total initial investment ranges between $297,000 and $2,109,000. Additionally, franchisees must pay the company ongoing royalty fee of 6% on all sales, as well as an additional 3% to be applied toward national marketing efforts.
How much is Tim Horton franchise?
How Much Does It Cost to Open a Tim Hortons?Name of FeeLowHighInitial Franchise Fee$25,000$50,000Real Estate Taxes, Personal Property Taxes and Common Area Maintenance Charges$1,000$70,000Equipment$20,000$435,000Real EstateVaries10 more rows•Jul 29, 2022
When did Boston Pizza start franchising?
One of the first franchisees was Jim Treliving, a Royal Canadian Mounted Police officer who lived down the street from the original location and was a regular customer. In 1968, he noticed the growing popularity of Boston Pizza and purchased the rights to open a restaurant in Penticton, British Columbia.
Is there Boston Pizza in the US?
Boston's has locations in: Colorado. Florida. Georgia. Maryland.
How much is Mountain Mike's Pizza 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.
What is the most satisfying thing about being a Mountain Mike's franchise owner?
The most satisfying thing about being a Mountain Mike’s Pizza franchise owner is the limitless ability to grow my business and brand locally. Pizza is a community food and when you have a good product and a savvy business model, business is good.
What does a franchisee talk about?
Franchisees talk about what the business has offered to their own families as well as the families they serve in their local community.
Is Mountain Mike's Pizza a regional pizza?
For four decades, Mountain Mike’s has quietly been building one of the largest regional pizza franchises in the United States. Now we’re ready to make some noise.
Background
The pizza industry is a booming business that accounts for $46 billion in economic activity and adds countless jobs to the economy. Data shows that 30% of Americans eat pizza at least once a week. Investing in a pizza shop could certainly come with upsides. That is where the Mike's Mountain Pizza franchise comes in.
Support and Training Offered By Mountain Mike's Pizza
In terms of support and training, the company provides franchisees with at least 15 days of training at a designated location. Additionally, all restaurant management personnel will receive up to 10 days of training.
Franchises Similar to Mountain Mike's Pizza
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
How much does a Mountain Mike's franchise make?
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. Unlock this franchise for franchise-specific data and insight.
When did they begin franchising?
They began franchising in 2000. The average Pizza franchise began franchising in 2006.
Are there any Mountain Mike's franchise opportunities near me?
Based on 2020 FDD data, Mountain Mike's has franchise locations in 3 states. The largest region is the West with 215 franchise locations.
How long does it take to get franchise training at Mountain Mike's?
Franchisees will receive up to 15 days of training, all of which currently occur at an operating Mountain Mike’s Pizza restaurant in California or at a location that the franchisor designates. All restaurant management personnel will receive up to 10 days (at the franchisor’s discretion) of additional training at the restaurant.
How long is the franchise term?
Term of Agreement and Renewal: The length of the initial franchise term is 15 years. If franchisees are in good standing, they may acquire a successor franchise for 10 years on the franchisor’s then current terms. Financial Assistance: The franchisor does not offer direct or indirect financing.
Does franchising offer financing?
Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease, or obligation. The franchisor offers a $15,000 reduction off of the $30,000 initial franchise fee for qualified veterans of the U.S. Armed Forces for each restaurant purchased.
Can a restaurant be located in another franchisee's exclusive area?
Restaurant will be physically located within the restaurant’s exclusive area, the exclusive area may overlap with another franchisee’s exclusive area ( in other words, area in one franchisee’s exclusive area also may be in another franchisee’s exclusive area).
Do franchisees have to attend refresher courses?
Franchisees (or their managing owner) and/or previously trained and experienced managers must attend any periodic refresher training courses the franchisor provides and pay the applicable fees. Territory Granted: Franchisees will operate the restaurant at a specific location the franchisor first must accept.
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