Today 21 May
Updated 21 january 2022

Franchise MR. MIKES

Investments

$1,700,000

Franchise fee

$50,000

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Short information

$1,700,000

$1,700,000

Investments

6

6

Wishing to buy

1960

1960

Year Brand Started

1960

1960

Year Franchising Started

Franchise MR. MIKES

Investments

$1,700,000

Franchise Fee

50000

Short information

1960

Year Brand Started

1960

Year Franchising Started

About Franchise

Mr. Mikes SteakhouseCasual came to life in 2010 from the passion and the love of food and fun of Mike Cordoba, Al Cave and Robin Chakrabarti, three entrepreneurs who saw the potential in the heritage brand Mr. Mikes. Sharing core values of family, friends and fun, Mike, Robin, Al recreated Mr. Mikes into a place where people can connect through unique experiences driven by memorable moments on a platform of great food, ambiance, and being proud Canadians…..SteakhouseCasual.

SteakhouseCasual is about feeling like you belong, where everyone feels comfortable in his or her own way. Guests can come as they are and instantly feel like they fit in, and they will want to return again and again because they genuinely feel valued.

An experience in Mr. Mikes gives guests a chance to let their hair down, relax and have some fun. Its a place where you don’t have to be something you’re not, you can just be yourself. It means tasty and affordable creations from our signature steak and Mikeburgers to our home-branded wines and beers. It's about creating memories, uncontrollable laughs and the charm of warm service.

Franchise MR. MIKES

And at Mr. Mikes we offer two experiences under one roof, a restaurant on one side and an urbanlodge on the other.  Many places have lounges. Even more have sports bars. Nobody has an urbanLODGE. urbanLODGE is a sanctuary. It’s a place where you can meet and engage with family and friends. While the “LODGE” really seems to be a natural descriptor of the familiar, welcoming, wooden, rustic feel of MR MIKES, the “urban” means a little more hip, not to mention definitely more irreverent; the ambiance, décor, drinks and the music played are all a little more edgy and self-aware than the traditional pub or watering hole.

Striving for being the best restaurant chain in Canada, Mr. Mikes SteakhouseCasual franchises share the main values of the company. They respect everyone they work with and enjoy what they are doing. They are starting new Mr. Mikes SteakhouseCasual restaurant franchises and keep an ideal cost and profit balance. The best Mr. Mikes SteakhouseCasual franchise opportunities are proven by a large number of loyal customers. The chain offers casual dining food for sale. The menu includes seafood, chicken, meatballs, etc. Would you like to know how to open the Mr. Mikes SteakhouseCasual franchise? Familiarize yourself with the franchise requirements, investment information, fees, and contact us.

Franchise MR. MIKES

How to open a Mr. Mikes SteakhouseCasual franchise?

  1. Ensure you have adequate capitalization.
    In order to open the Mr. Mikes SteakhouseCasual franchise, you must have a net-worth of $600,000 ~ $750,000.
  2. Appreciate the investment required for a restaurant franchise.
    You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
  3. Evaluate your prior experience and strengths.
    You should thoroughly evaluate your prior business experience before applying to become a Mr. Mikes SteakhouseCasual franchise owner.
  4. Assess market availability.
    You will want to look at the market availability for Mr. Mikes SteakhouseCasual franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
  5. Submit your application.
    Your application will be reviewed by the Mr. Mikes SteakhouseCasual franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
  6. Receive approval & opening your Mr. Mikes SteakhouseCasual franchise.
    You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.

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Finance Information

Investments: $1,700,000 – $1,900,000

Franchise fee: $50,000

Royalty fee: 6%

Net Worth: $600,000

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Training

Yes

Business Type

Franchise

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