Montana Mike's Steakhouse offers a variety of beef, chicken, and seafood entrees in a rustic, hunting lodge-themed setting. The franchise focuses on delivering high-quality steaks and hearty meals in an inviting and affordable environment for families and groups.
Key Insights
- Montana Mike's began with a strategic focus on creating sustainable business practices that benefit all stakeholders, including customers, franchisees, and communities, while establishing systems that support long-term growth and operational excellence across multiple markets.
- Customer feedback integration drives continuous improvement in both menu offerings and service quality, utilizing guest comments and suggestions to refine operations while maintaining the standards and identity that distinguish the restaurant from competitors.
- Consumer education and awareness drive increasing demand for higher quality and more specialized service options, benefiting businesses that can demonstrate expertise, reliability, and value while building trust through consistent performance and professional service delivery.
Franchise Fee and Costs to Open
Exploring the financial picture of Montana Mike's gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $439,000 - $2,708,000, along with a franchise fee of $20,000 - $35,000.
Financial Performance and Revenue
Training and Resources
Montana Mike's provides comprehensive training for new franchisees. This initial program, lasting two weeks, is conducted at our corporate headquarters. The franchisor offers a detailed curriculum covering all aspects of operating a Montana Mike's location. Resources include operational manuals and ongoing support.
Legal Considerations
Legal considerations for a Montana Mike's franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee may encounter considerations regarding local market saturation by similar dining concepts, impacting customer acquisition. The daily execution of menu preparation, service standards, and staff management presents ongoing operational intricacies. Furthermore, consistent availability and pricing of key ingredients, particularly for signature items, are influenced by their specific supply chain network.
Franchise Datasheet
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