Mountain Mike's Pizza Franchise Cost & 2026 FDD Data
66/100
Second tier
66 this brand53 Full-Service Restaurants medianlikely 62–70 (high confidence)
Higher is better · an editorial assessment, not investment advice
#726 of 3,068 graded brands
Why a B: Helped by unit growth, scale, legal record and transparency. Held back by unit economics. See all six factors
- Total investment
- $356K – $994K
- excl. real estate
- Avg gross sales
- $1.0M
- “All Restaurants Operating Full 2025 Calendar Year”, 292 outlets; not profit
- SBA charge-off
- 14.0%
1 in 7 SBA 7(a) loans to Mountain Mike's Pizza owners charged off (12 of 86 resolved loans, approved since FY1991); Full-Service Restaurants median 14.5%. Loans approved FY2015–FY2023: 1 of 31 resolved loans charged off (3.2%); newer loans have not had time to default, so this is not a trend.
Data from the FDD filing + SBA 7(a) records. Analysis by FranchiseVerdict · Methodology · Website · Report an error · Franchisor? Claim this listing
FranchiseVerdict summary · 2026 FDD
Per the 2026 FDD, a Mountain Mike's Pizza franchise requires a total initial investment of $356K – $994K, excluding real estate, including a $30K franchise fee. Once open, the ongoing royalty is 5.0%. Per the 2026 FDD, average gross sales were $1.0M (Item 19 group “All Restaurants Operating Full 2025 Calendar Year”, 292 outlets; gross sales, not profit). SBA 7(a) loans show a 14.0% charge-off rate on 86 resolved loans. Verdict grade: B (Second tier), an editorial assessment, not investment advice.
Sources: 2026 FDD · SBA 7(a) loan records (FOIA) · What one unit could make and lose →
Sources, dates and evidence
FDD issued: 2026 filing · Data extracted: · Last cited check: · Staleness risk: low (the current year's filing)
Evidence for the headline figures: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored7 of 8 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
Quick verdict · vs Full-Service Restaurants median
Top edge: green = better than the Full-Service Restaurants median by more than 10%, red = worse by more than 10%, gray = within 10% or no benchmark. Source: FDD filings + SBA 7(a).
Data from public FDD filings and SBA records. Methodology
Bottom line
- RETURNSAverage gross sales of $1.0M/year (outlet median $969K; Item 19 group “All Restaurants Operating Full 2025 Calendar Year”, 292 outlets; gross sales, not profit).
- GROWTHIn the latest Item 20 year, the number of franchised outlets grew by 22 (24 opened, 2 closed).
AT STAKEOne unit at the Item 7 midpoint: $87K a year in payments on assumed SBA 7(a)-style terms.You put in about $135K of your own cash and personally guarantee a $540K loan. Assumptions are labeled in Sales; not investment advice.See what one unit could make and lose
Things to check before you sign (3)
- The franchisor keeps the right to compete inside your territory (Item 12, territory).
- You waive a jury trial in disputes with the franchisor (Item 17, renewal, termination and disputes).
- The franchisor receives rebates or payments from suppliers you buy from (Item 8, required suppliers).
SBA charge-off rate 14.0%, near the 14.5% category median; the score uses fixed ranges, not the median, and takes 6 points for it (see Why a B). Checked and clear: no auditor doubt that the franchisor can keep operating, no net loss of franchised outlets in the latest Item 20 years, no lawsuit naming the franchisor in Item 3, no rule that the owner must run it personally and the full filing on file, and an Item 19 average from 292 units.
What to do next
Step 1: Read the FDD itself.
Free: the franchisor must give it to you at least 14 days before you sign or pay. Or look it up in a state registry (Wisconsin, Minnesota, California). What to read first.
Step 2: Talk to current and former owners.
Free: Item 20 of the FDD lists every current owner and those who left last year, most with a phone number. Questions to ask.
Shortcut: the Mountain Mike's Pizza owner list as a CSV, in the Contacts section.
Step 3: Talk to an SBA lender.
Free: the SBA's Lender Match, or the lenders already lending to this brand in the SBA section. Ask what you would personally guarantee and what the monthly payment would be. If you plan to use retirement savings, ask a CPA about the rules for that first.
Step 4: Have a franchise attorney review the FDD and agreement.
Free: your state bar's lawyer referral service can name franchise lawyers, and many offer a short first consultation. Bring the checks listed above.
Research steps, not investment or legal advice.
Can you afford it, and what does the money buy?
Entry cost (the Item 7 midpoint) is 37% below the Full-Service Restaurants median ($1.1M).
Source: FDD 2026 · Items 5–7 (fees and startup costs)
Do you qualify? The filing states no minimum net worth or liquid capital. Ask Mountain Mike's Pizza, LLC (Item 1: 110 Theory, Suite 150, Irvine, CA 92617) and your lender what they require, and keep living costs for the first year outside the deal.
Full Item 7 breakdown14 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $7.5K | $30K | |
| Leasehold Improvements | $66.5K | $497K | |
| Architectural and Engineering Fees | $17K | $26K | |
| Furniture, Fixtures, and Equipment | $144.8K | $238K | |
| Signage | $8.65K | $24K | |
| POS/Electronic Information System | $8.26K | $17.9K | |
| Three Month's Rent | $30K | $36K | |
| Opening Inventory, Uniforms, and Supplies | $14K | $30K | |
| Marketing Fee | $8K | $8K | |
| Décor Package | $5K | $12K | |
| Training Expenses (for one required attendee) | $2.5K | $5K | |
| Professional Fees | $1.1K | $4K | |
| Miscellaneous Opening Costs | $21.6K | $35K | |
| Additional Funds - 3 months | $21K | $25K | |
| Total initial investment | $356K | $994K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. The total row is the total as printed in Item 7; the lines above add to $356,000 to $987,946, $6,000 at most from the printed total, which is the figure shown. Actual costs may fall outside this range depending on market and build-out scope.
Item 6 · what you pay once you are open
Ongoing fees
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fundBrand-wide marketing pool. Marketing Fund up to 1% of weekly Gross Sales; plus Advertising Cooperative up to 2% of weekly Gross Sales (may be increased by 2/3 franchisee vote) | 1.0% of gross sales |
| Technology feeTechnology fees currently between $109 and $139 per month, subject to increase | $109–$139/month |
| Training feeAdditional training charge listed in Item 6 | $2,500 |
| Transfer fee | $30,000 |
| Renewal fee | $15,000 |
| Total fee loadnear the Full-Service Restaurants median of 6.4% | 6.0% of sales |
What do units actually make?
Average gross sales are 46% below the Full-Service Restaurants median ($1.9M).
Source: FDD 2026 · Item 19 (sales and earnings)
Items 6 (other fees), 7 (startup costs) and 19 (sales and earnings) · assumptions labeled
What you could make and lose: one unit
What one Mountain Mike's Pizza unit would ask of you, from the filing's Item 7 total and labeled assumptions.
Average gross sales are $1.0M (FDD p.58), and the royalty and ad fund take about $61K of that a year (Item 6). This brand's Item 19 prints cost or operating-income lines that are not on this page yet. Read them in Item 19 and enter them here. So this box does not estimate a profit. To cover the loan payment alone, one unit has to clear $87K a year after its food, labor, rent and other costs and the franchisor's fees.
How these figures are worked out
- Loan (assumption): 80% of the $675K Item 7 midpoint is a $540K loan, paid over 10 years at 10.5%: $87K a year. SBA 7(a)-style terms on a long-term rate; your lender sets yours. Mountain Mike's Pizza's past SBA 7(a) loans averaged 7.8% at approval; 7(a) rates move with the prime rate, so 10.5% is a current-rate assumption, not this brand's history.
What you put at risk
Your own cash in: about $135K Assumption (the part the loan does not cover of the $675K Item 7 midpoint), plus whatever anything Item 7 leaves out (its notes say what). The loan is $540K.
Personal guarantee. SBA 7(a) loans require a personal guarantee from anyone who owns 20% or more of the business. If the unit cannot pay, the lender can collect from you personally, which can include your savings and your home. The worst case is losing the cash you put in and still owing the rest of the loan.
Gross sales are not profit, and none of these figures is take-home pay until tax and every operating cost are paid. The assumptions are ours, not the filing's. Not investment advice.
Returns modelOne unit · several units · editable
One unit
One unit: what is left after the loan payment
Gross sales, minus the franchisor's fees and the operating costs, is the unit's EBITDA (earnings before interest, taxes, depreciation and amortization). Minus an assumed loan payment, that is what is left for you, before tax. Gross sales are not profit.
This brand's Item 19 prints cost or operating-income lines that are not on this page yet. Read them in Item 19 and enter them here. Invested capital is the Item 7 total, which already includes its working-capital (additional funds) line.
Returns model · one unit
What would one Mountain Mike's Pizza unit leave you each year after the loan payment?
Item 19: $1,009,266 average for 292 outlets (All Restaurants Operating Full 2025 Calendar Year). Use a figure for outlets like yours if yours differ.
Gross sales, not profit: the costs below decide what is left.
The filing also sets a minimum or cap on these fees: “5% of Restaurant's weekly Gross Sales (or minimum $500/week if Restaurant not timely opened)” (Item 6). This model applies the percentages, so at low sales the real fee can be higher than shown here.
Item 6, as stored, a year. A fixed fee, so it comes off EBITDA as dollars, not a share of sales.
This brand's Item 19 prints cost or operating-income lines that are not on this page yet. Read them in Item 19 and enter them here.
Illustrative category typicals, not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Item 7 midpoint of $356K to $994K
Item 7's $21K to $25K additional funds are already in the total
Left after the loan payment · per year
The unit's EBITDA minus the assumed loan payment. Before tax, depreciation and any cost your inputs leave out (insurance, accounting and legal, licenses, technology fees): not take-home pay.
Gross sales are not profit. Neither the filing nor a stated assumption on this page supplies COGS, labor, rent / occupancy and other operating costs. Enter your own (a lease quote, owner calls) and the model runs on it.
Loan of $540K at 10.5% over 10 years, an assumption, not a quote. Return and payback are before tax, depreciation and the costs above. The loan usually needs your personal guarantee.
Buying several existing units? The acquisition scenario
Buying several units
What buying a few existing units could return
Prices an existing operator of a few units off the single-unit EBITDA above, after shared services, and finances it with an SBA 7(a) loan, a conventional loan and a seller note. It shows the yearly return on your cash (IRR), whether year-1 earnings cover the loan payments (DSCR) and how the price is paid for. It starts at 5 units; every deal term is an assumption you can change, and none is from the FDD.
Not modelled yet
Gross sales are not profit. Neither the filing nor a stated assumption on this page supplies COGS, labor, rent / occupancy and other operating costs. Enter your own (a lease quote, owner calls) and the model runs on it.
This scenario starts from a per-unit EBITDA. Fill in the operating costs in the one-unit model above and it runs on that figure, or take it to the full ROI workbench, where the multi-unit and acquisition models accept your own per-unit economics.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD · filed by Mountain Mike's Pizza, LLC
Financial performance
- Range (low → high)
- $352K→$2.9MSource: 2026 FDD, page 58
- Cohort dispersion (min → max)
- Top and bottom 25%
- N/A→$1.5M
- Bottom group → top group: the top and bottom 25% as the filing reports them
Percentile ranks within Full-Service Restaurants
Each rank is among the Full-Service Restaurants brands that report that figure (the count is under each bar).
vs Full-Service Restaurants medians
How Mountain Mike's Pizza compares
Category median of published Full-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Who are you contracting with?
Mountain Mike's Pizza, LLC, owned by MMP Intermediate, LLC.
Item 1 (the franchisor) · who you're contracting with
The franchisor
Corporate structure & franchisor financials
- Legal entity
- Mountain Mike's Pizza, LLC
- Parent company
- MMP Intermediate, LLC
- FDD Item 1, page 8 of the 2026 FDD
- Ultimate parent
- MM Pizza Upper Holdings, LLC
- FDD Item 1, page 8 of the 2026 FDD
- Predecessor
- Concept Acquisitions, LLC (COAC)
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Jim Metevier
- Incorporated in
- Delaware
- HQ
- 110 Theory, Suite 150, Irvine, CA 92617
Overview
About
Franchisor of Mountain Mike's Pizza Restaurants selling pizza, sandwiches, salads and other food products for dine-in, delivery and carryout
- CEO
- Jim Metevier
Is the system healthy?
+42 franchised outlets over the two years to 2025 (279 to 321, +15.1% in total, +7.3% a year compounded).
Source: FDD 2026 · Item 20 (outlets opened, closed and transferred)
Item 20 (outlet counts) · unit dynamics
The growth chart
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
Last fiscal year · Item 20 rates and pipeline
- Reacquired
- 0
- Franchisor bought back
Item 20 · franchised units at year end
Franchised units rose from 279 in 2023 to 321 in 2025
Axis does not start at zero.
Source and method
Item 20 (outlet counts) outlets · 11 states
Where current outlets are
States with at least one current outlet in the Item 20 list the franchisor prints. Former owners are not counted, and this is not a list of where the franchisor may sell new units.
Current outlets (count on the tile) · 11 statesNo current outlet
295 current outlets in 11 states: the 295 on the owner list, of 321 franchised at year end (Item 20), run by 255 franchisee companies.
Counts only, from the list the franchisor prints in Item 20. The contact details are for your own due diligence and are not shown here.
Government records
SBA loan data
Lenders charged off 14.0% of 86 resolved SBA 7(a) loans, below the 14.5% category median. 7(a) is the SBA's main small-business loan; a resolved loan was paid in full or charged off.
- Loans on file
- 137
- SBA 7(a) loans matched to this brand, incl. those still being repaid
- Loan volume
- $56.4M
- Average loan
- $412K
- loan volume divided by loans
- Charge-off rate
- 14.0%
- 12 of 86 resolved loans
- Paid in full
- 86.0%
- of resolved loans
- Charge-off, loans approved FY2015–FY2023
- 3.2%
- 1 of 31 resolved loans; newer loans have not had time to default, so this is not a trend
- Lenders
- 56
- Average interest rate
- 7.8%
- Jobs reported
- 1,849
- on the 113 loans approved FY1999 on; earlier loans did not record jobs
- Lender concentration
- 14%
- top lender's share
Cumulative: every 7(a) loan matched to this brand in the SBA’s FOIA files, approved FY1991 onward. Historical lending data, not predictive of future performance. How SBA charge-off rates are calculated
Benchmark: the median Full-Service Restaurants brand charges off 14.5% (30 brands with a published rate, same cumulative window and source). This brand is near that median.
Borrower mix: of 67 loans with a business-age entry, 62 recorded an age: 40 (65%) went to startups or businesses under two years old and 22 (35%) to established businesses or ownership changes; 5 were marked unanswered.
The approval-year breakdown covers 71 of the 86 resolved loans and 8 of the 12 charge-offs (FY1994 to FY2023).
SBA 7(a) · charge-off rate by approval year
Mountain Mike's Pizza charge-off rate by loan approval year
None of these 15 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1994 | 5 | 3 | Too few |
| 1995 | 5 | 0 | Too few |
| 1996 | 4 | 0 | Too few |
| 1997 | 5 | 1 | Too few |
| 1998 | 3 | 0 | Too few |
| 2000 | 3 | 1 | Too few |
| 2002 | 5 | 0 | Too few |
| 2004 | 5 | 1 | Too few |
| 2006 | 5 | 1 | Too few |
| 2015 | 4 | 0 | Too few |
| 2016 | 5 | 0 | Too few |
| 2017 | 9 | 1 | Too few |
| 2018 | 6 | 0 | Too few |
| 2019 | 4 | 0 | Too few |
| 2023 | 3 | 0 | Too early |
Source and method
Explore lender portfolios on Bank Reports or regional data on State Reports.
Full SBA lending reportlenders · charge-off rate · trend
Lender network · SBA 7(a)
SBA Lending Report
Lender, state and yearly detail for Mountain Mike's Pizza from SBA 7(a) FOIA loan records.
- Principal charged off (% of dollars)
- 2.6%
- Average charge-off
- $123K
- across 12 charged-off loans
- Average SBA guarantee
- 77%
- Average interest rate
- 7.8%
- Lender concentration
- 14%
- Jobs reported
- 1,849
Top 10 SBA lenders by loan count
| Loans | Volume | Charge-off |
|---|---|---|
| West Coast Community Bank | ||
| 19 | $4.8M | Not on file |
| Wells Fargo Bank National Association | ||
| 9 | $1.3M | Not on file |
| Byline Bank | ||
| 9 | $6.8M | Not on file |
| Bank of Hope | ||
| 7 | $2.5M | Not on file |
| Federal Deposit Insurance Corporation | ||
| 6 | $1.2M | Not on file |
A lender’s rate counts only its resolved loans, the loans that have finished (paid in full or charged off); a 0.0% often means few of its loans have finished. Under 10 resolved loans, the rate reads “Too few”.
Charge-off rate by state (top 10 by loans)
| State | Loans | Charged off | Rate |
|---|---|---|---|
| CA California | 110 | 11 | 14.1%78 resolved |
| NV Nevada | 7 | 0 | Too few1 resolved |
| CO Colorado | 5 | 1 | Too few4 resolved |
| TX Texas | 5 | 0 | Too few1 resolved |
| AZ Arizona | 3 | 0 | Too few1 resolved |
| OR Oregon | 3 | 0 | Too few1 resolved |
| WI Wisconsin | 2 | 0 | Too few0 resolved |
| OK Oklahoma | 1 | 0 | Too few0 resolved |
| UT Utah | 1 | 0 | Too few0 resolved |
Rate: charged-off loans over resolved loans (paid in full plus charged off), shown from 10 resolved loans. "Too few": under 10 resolved. The Loans column counts every approval in the window, including loans still being repaid.
SBA 7(a) loans approved per year
Borrower profile
The SBA's own business-age labels (5)
Source: SBA 7(a) FOIA loan-level data, matched to the brand by FranchiseVerdict.
What are the risks?
Main risk in the grade: unit economics. The reasons are below.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Verdict grade + FDD Items 3 (litigation), 4 (bankruptcy), 8 (required suppliers), 16 (what you may sell), 21 (audited financials)
Risk and legal
Grade B: Second tier, 66/100 (category median 53); the full grade is at the top of the page.
How the grade is built
Why a B, factor by factor
- Financial health NeutralAudited financials; no going-concern doubt
- Unit economics Weighs on it, weakest dimensionAvg gross sales $1.0M on a $675K investment midpoint, 1.5x (gross sales, not profit)
- Unit growth Helps+42 franchised outlets over the two years to 2025 (279 to 321, +15.1% in total, +7.3% a year compounded); turnover 0.6%
- Scale Helps321 franchised units; franchising since 2017
- Legal HelpsNo litigation naming the franchisor in Item 3
- Transparency HelpsItem 19 discloses financial performance; audited financials; no franchisor financial figures on file
- Adjustments after the six dimensions (-7 points)SBA loan record: the SBA charge-off rate (14.0% on 86 resolved loans) is between 10% and 20%, a range the score counts against a brand, so it took 6 points off. The score uses fixed ranges, not the category median, so a rate below its category median can still cost points.Rounding: the score is kept as a whole number, which moved it by 1 point.
From the six scored dimensions, an editorial assessment, not investment advice. How the score is built
Litigation (Item 3)
Subject: officers or affiliates. The franchisor is not a named party in these cases.
No litigation required to be disclosed in Item 3
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes
Supplier relationship · Items 8 & 16
Ask what the franchisor earns on the supplies it sells you or the rebates it takes (Item 8).
- Franchisor sells you products: No
- Franchisor takes supplier rebates: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
What are you signing up for?
Ongoing fees run about 6.0% of sales (royalty + ad fund), before your own operating costs.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12 (territory), 15 (owner participation) and 17 (renewal, termination and disputes)
Contract and territory detail
| Protected territory | Yes |
|---|---|
| Exclusive territory | No |
| Territory radius | 1 mi |
| Online sales rights | Reserved by franchisor |
| Franchisor can compete | Yes |
| Who runs it (Item 15) | A manager may run it |
| Right of first refusal | No |
| Transfer requires consent | Yes |
| Mandatory arbitration | Yes |
| Arbitration location | Within 10 miles of MMP's principal business address (currently California); mediation/litigation resolved only in California |
| Jury trial waiver | Yes |
| Governing law | California |
Items 5 (initial fees), 7 (startup costs), 12 (territory) and 20 (outlet counts) · development agreement
Area development (several units)
The filing offers a development agreement for several units. If you miss the schedule, the development agreement can be ended.
Every term, with its page
- If you miss the schedule
- The development agreement can be ended.
2026 FDD p.42
“however, MMP’s right to terminate the Area Development Agreement will be MMP’s exclusive remedy for”
Each unit still needs its own Item 7 investment on top of the development fee. Have a franchise attorney read the schedule and the default terms before you sign.
Items 10 (financing), 11 (training and support)
Training and operations
- Classroom training
- 35 hrs
- On-the-job training
- 160 hrs
- Training location
- Franchise Support Center in Irvine, CA and designated Training Restaurant in California
- Ongoing training
- Required
- Time to open
- 15 mo
- From signing to launch
- Site selection
- franchisee, subject to MMP approval and site selection criteria
- Franchisor financing
- Not offered
- Item 10
- POS system
- Adora POS
- Operating tech stack
Items 5 (initial fees) & 11 (training and support)
Franchisor support
Item 20 (outlet counts) · call current owners
Franchisee contacts
Who can you call before you sign?
295 current outlets listed, run by 255 franchisee companies
Each record has the franchisee (company or owner name as the filing prints it), phone number, city and state. 295 records. From the filing's Item 20 (the outlet list); the FDD itself is the free source. Our list covers 295 of the 321 franchised outlets Item 20 counts at year end; the owner exhibit prints the rest without a usable phone number, or omits them.
For your own due-diligence calls only. Not for telemarketing, marketing lists, or automated or prerecorded calls or texts.
One-time · CSV download · full refund within 7 days if the data does not match the FDD. Some numbers, especially for former owners, may be outdated.
Frequently asked questions
How much does it cost to open a Mountain Mike's Pizza franchise?
Per the 2026 FDD, the total investment to open a Mountain Mike's Pizza franchise ranges from $356K to $994K, with an initial franchise fee of $30K. This is the Item 7 total in the Franchise Disclosure Document (FDD): the startup costs the franchisor lists, such as build-out, equipment, inventory and working capital. The filing says these totals do not include real estate.
What do Mountain Mike's Pizza franchise owners earn?
According to Item 19 of the Mountain Mike's Pizza FDD, average gross sales were $1.0M (Item 19 group “All Restaurants Operating Full 2025 Calendar Year”, 292 outlets; gross sales, not profit). The median is $969K. What an owner keeps depends on location, operating costs and management.
Who owns Mountain Mike's Pizza?
Mountain Mike's Pizza is franchised by Mountain Mike's Pizza, LLC. Its parent company is MMP Intermediate, LLC. The ultimate parent named in the FDD is MM Pizza Upper Holdings, LLC. Source: FDD Item 1, 2026 filing.
What is Item 19 in the Mountain Mike's Pizza FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Mountain Mike's Pizza FDD and qualifies whose outlets they describe.
What is Mountain Mike's Pizza's franchise failure rate?
There is no published franchise failure rate. What is measurable is Mountain Mike's Pizza's SBA charge-off rate: 14.0% on 86 resolved loans. Put plainly: 1 in 7 SBA 7(a) loans to Mountain Mike's Pizza owners charged off (12 of 86 resolved loans, approved since FY1991); loans approved FY2015–FY2023: 1 of 31 resolved loans charged off (3.2%); newer loans have not had time to default, so this is not a trend. The SBA charge-off rate is the share of a brand's resolved SBA 7(a) loans to its franchisees that the SBA wrote off, including purchased guarantees. Resolved means paid in full or charged off; active loans are excluded because their outcome is not yet known. It is a lending outcome, not a count of closed businesses. A franchisee can repay and close, or default and keep trading.
How many Mountain Mike's Pizza franchise locations are there?
Per the 2026 FDD, Mountain Mike's Pizza has 321 franchised units and 0 company-owned (321 in all). In the latest year, the number of franchised outlets grew by 22 (24 opened, 2 closed).
Is Mountain Mike's Pizza a good franchise to buy?
FranchiseVerdict gives Mountain Mike's Pizza a B Verdict grade (Second tier) with a verdict score of 66 out of 100 (higher is better), an editorial assessment, not investment advice. Helped by unit growth, scale, legal record and transparency. Held back by unit economics (avg gross sales $1.0M on a $675K investment midpoint, 1.5x: gross sales, not profit). The “Why a B” section on this page lists all six dimensions and any adjustment. Speak with current franchisees before making any investment decision.
Other Full-Service Restaurants franchises
Similar investment first, then by grade
This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.