MIO's
The total investment to open a MIO's franchise ranges from $146,500 to $340,400.
What is the MIO's franchise?
MIO's is a restaurant for customers looking for a sit down meal. The estimated total initial investment to open is $146,500 to $340,400.
MIO's was founded in 1975 and is headquartered in Cincinnati, Ohio.
Loan Activity Score
30/100
SBA Default Rate
12.5%
Active Lenders
8
According to its Franchise Disclosure Document or public business records, MIO's has 8 locations, all owned by franchisees. Public SBA loan records show 8 lenders made 8 loans to franchisees of MIO's. PeerSense calculates MIO's's score as 30 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1975 · 8 locations
$146,500 to $340,400
8
8 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for MIO's
8
Total SBA loans
$225K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for MIO's
Loan Activity Score Breakdown
Emerging (3 to 9 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
12.5%
vs 10.3% peer avg
SBA Loans
8
Total Volume
$1.8M
Active Lenders
8
States
2
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for MIO's based on SBA lending data
SBA Default Rate
12.5%
2.2% above peer avg
SBA Loan Volume
8 loans
Across 8 lenders
Lender Diversity
8 lenders
Avg 1.0 loans per lender
Investment Tier
Mid range investment
$146,500 to $340,400 total
MIO's: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2004
2 approvals. The best year on record for MIO's.
Top SBA State
Ohio
7 SBA financed MIO's locations, the densest operator footprint.
Average Loan Size
$225K
Median $218K. Use as a sizing anchor when modeling your own MIO's unit.
Lender Concentration
37.5%
Moderately Spread
Share of MIO's approvals captured by the top 3 SBA lenders.
MIO's's SBA lending pipeline peaked in 2004 (2 approvals). Operator density is highest in Ohio with 7 SBA financed locations. Average funded ticket sits at $225K, with the median at $218K. Lender mix is moderately spread: the top three SBA lenders account for 37.5% of approvals. Meaningful choice exists, but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$1,517
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
MIO's, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman