Unitnomics

Franchises · 2026 FDD · Wisconsin DFI filing 640975

Mountain Mike's Pizza franchise cost, unit revenue and closures

Opening a Mountain Mike's Pizza cost $356,000 to $993,946 in the 2026 FDD; the median unit sold $969,285 in the franchisor's 2025 calendar year figures; 1.5% of franchised units closed over three years.

Franchisor: Mountain Mike's Pizza, LLC. FDD issued 2026-04-13. Fiscal year end 2025-12-31. Figures re-found on the cited page 2026-11-03.

What a unit costs to open

Initial investment range$356,000 – $993,946Item 7, p. 15
Midpoint (site arithmetic)$674,973(low + high) ÷ 2

excluding real estate purchase costs.

What a unit pays the franchisor

Initial franchise fee$30,000Item 5, p. 5
RoyaltyRoyalty 5% of weekly Gross Sales, debited each FridayItem 6, p. 7
Advertising fundMarketing Fund up to 1% of weekly Gross Sales, plus an Advertising Cooperative contribution of up to 2%Item 6, p. 7

first Restaurant; $15,000 for an additional Restaurant and a $15,000 reduction for qualified veterans.

What a unit sells

Item 19 is optional and is the franchisor's own representation. It is shown here as filed, with the franchisor's measure, sample and period, and nothing is estimated where it is missing.

Median unit revenue$969,285Item 19, p. 50, 51, 52, 53
Average$1,009,266123 units (42.0%) at or above
MeasureGross Sales, calendar 2025, all 292 Restaurants open the whole year (Table 2, systemwide)
Sample292 units: 292 of the 321 Restaurants open at 2025-12-31 that operated all of 2025 (the system has no company-owned restaurants); excludes 29 not open the full year; sales bands, top-10%/25%/50%/75% averages and a prime-cost table follow
Period2025 calendar year
High / low$2,892,735 / $352,289

Revenue to investment

Median revenue ÷ investment midpoint1.44$969,285 ÷ $674,973
At the low and high end of Item 72.72 / 0.98÷ $356,000 and ÷ $993,946

Formula: Item 19 median / Item 7 total (midpoint, low, high). A ratio of 1.00 means one year of median unit revenue equals the investment; it says nothing about profit.

How many units open and close

Franchised units202320242025
Start of year265279299
Opened152124
Terminated011
Not renewed000
Reacquired by franchisor000
Ceased, other reasons101
End of year279299321
Company-owned, end of year000

Item 20, Table 1 p. 54; Table 3 totals p. 56.

Three-year closure rate1.51%4 closures ÷ 265 at start of 2023
Three-year net change, franchised+56 (21.1%)end 2025 − start 2023

Closures are the franchisor's Item 20 counts of units terminated, not renewed, or ceased for other reasons, summed over 2023–2025 and divided by franchised units at the start of 2023. Units the franchisor reacquired are not closures. This is an Item 20 count, not a failure rate.

Source and method

Every figure above comes from the Mountain Mike's Pizza Franchise Disclosure Document issued 2026-04-13, as filed with the Wisconsin Department of Financial Institutions (filing 640975, registry record). The PDF is the franchisor's and is not hosted here; the item and page beside each figure is where to check it. Item 7 and Item 20 tables were read cell by cell; Item 19 was read by hand; each Item 20 year was checked to sum (start + opened − exits = end) before it was recorded.

Informational only, not professional, legal or investment advice. Unitnomics computes from the filing and does not advise on, rank, or refer to any franchise. Last reviewed: November 2026.

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