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Mr Mikes SteakhouseCasual full profile
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Mr Mikes SteakhouseCasual

100-3700 N Fraser Way
BC, Canada, V5J 5H4

Year business established: 1960
Date of first franchise: 1960
Membership: CFA
Other franchise systems offered: No

Full Time work: Yes
Part Time work: No
Home-based: No
Special skills buyer requires: N/A

Initial training offered: Yes

Initial training includes:
Eight-week training program in the operation of the franchise system, which includes instruction or guidance in management and accounting procedures, human resources (HR) management, design, decor and maintenance of the restaurant and other training.

On-going training offered: Yes

On-going training includes:
Mikes Best Academy online training program.

Location selection assistance offered: Yes
National Advertising Program offered: Yes
Assistance with signage/branding offered: Yes
Store layout and fit-up assistance offered: Yes
Business Description
Great food shared with friends and family, a place to be social, to enjoy each other's company, a place to experience small-town Canadiana on a grander scale; this is MR MIKES! Over the past decade, MR MIKES restaurants have embraced the heritage that was established back in 1960 and revitalized the brand by introducing the concept of SteakhouseCasual. 'That word sounds made up!' shrieked the masses. And you're right! Because no one has ever done it before. But that's how amazing things are created. We're sure when someone suggested the concept of 'bacon', people laughed. And now look how awesome bacon is!

CANADA USA International
Number of franchises units 42 0 0
Number of corporate units 4

Canada: BC, NT, YT, AB, MB, NU, SK, ON, NB, NL, NS, PE, GVA, GTA
United States:

CANADA USA International
Master licenses available No No No
Regional licenses available No No No
Single franchises available Yes No No
Multiple units available Yes No No
Disclosure Document (UFOC) available Yes No No

INVESTMENT REQUIREMENTS (Averages only. Actual amounts may vary due to franchise specifics - location, size, etc.)
Minimum Investment: $1,600,000
Startup Capital (unencumbered cash): $600,000
Maximum Investment: $1,800,000
Initial Franchise Fee: $50,000
Royalty Fee: 6%
Advertising Fee: 2%

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