Mikes Restaurants Franchise

Restaurant

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Mikes Restaurants is known for its hot submarines, generous pizzas, delicious pasta dishes and original Duettos. We are also in the "breakfast-- niche since 1992 with our breakfast pizzas and flavourful countrysides.Since the first Toujours Mikes restaurant s opening in 1967, we are part of Quebecer s daily life. In an era where everything moves in fast forward, Mikes Restaurants offers reassuring landmarks with its classic dishes, which are always delicious. Mikes Restaurants is a neighborhood casual mid-scale restaurant concept specializing in Pizzas, Saute Pastas and hot Italian sandwiches and subs. We serve breakfast, lunch and dinner and provide a resto-bar area. Our corporate mantra is 'Always close to you' and convey that culture in everything we do, from grand openings to ongoing support.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Mikes Restaurants, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Mikes Restaurants website.

How much does it cost to open a Mikes Restaurants Franchise ?

The investment required to open a Mikes Restaurants Franchise is between $650,000 - $695,000 . There is an initial franchise fee of $45,000 which grants you the license to run a business under the Mikes Restaurants name.

Individual Franchise Costs

  • Initial Investment:
    $650,000 -
  • Initial Franchise Fee:
    $45,000
  • Royalty Fee:
    5%
  • Advertising Fee:
    3%Nat'l+1.5%Local

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

Mikes Restaurants Growth History

When did the first Mikes Restaurants open? 1967
When did Mikes Restaurants start Franchising ? 1968


How much does a Mikes Restaurants Franchise owner make?

How much money you could make as a Mikes Restaurants Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Mikes Restaurants Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$45,000 - $695,000
Initial Franchise Fee
$45,000
Royalty Fee
5%
Advertising Fee
3%Nat'l+1.5%Local

Sister Companies

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Legal Disclaimer: This information is not a franchise offering for Mikes Restaurants and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Mikes Restaurants franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.