Total investment:

$ 1,700,000

Franchise fee:

$ 50,000

Royalty fee:


Marketing fee:

$ 0

Number of franchises


Time period


$ 12 000*

* Calculator calculations are provisional, not guaranteed


Year founded: 1960

Franchise since: 1960

Company owned units:

Franchise owned units: 42

Total number of units:

Number of employees per unit:

Contract period: 60 month



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.

How to open a Mr. Mikes SteakhouseCasual franchise?
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.
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.
Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Mr. Mikes SteakhouseCasual franchise owner.
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.
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.
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.

Net-worth Requirement: $600,000 ~ $750,000,

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