Mountain Mike's Pizza
The total investment to open a Mountain Mike's Pizza franchise ranges from $476,500 to $982,611. The initial franchise fee is $30,000. Ongoing royalties are 5% plus a 3% advertising fee.
What is the Mountain Mike's Pizza franchise?
Franchise buyers face significant financial consequences when they choose the wrong concept, including capital loss and missed opportunities. PeerSense is an independent franchise research platform that evaluates brands such as Mountain Mike's Pizza through franchise, market, unit, and financial information. Mountain Mike's Pizza was founded in 1978 by Thomas Van Buskirk in Palo Alto, California, near Stanford University. The original concept focused on family style dining and its signature "crispy, curly pepperonis," helping the brand build customer loyalty over time. The current franchise offering lists 118 franchised units. The wider system had grown to nearly 300 units across eight states by January 2024 and had 289 all franchised locations by August 2024. In 2025, the brand exceeded 300 units with a new location in Las Vegas. That opening marked an effort to expand beyond its traditional West Coast base and reach more of the U.S. pizza market, which generates tens of billions of dollars each year. The unit growth gives buyers a brand with a recognizable identity and a demonstrated record of expansion across multiple states.
Demand is supported by pizza's convenience and broad consumer appeal. Consumers continue to seek comfort food, takeout and delivery, and family friendly dining that combines value with quality. Since the pandemic, digital ordering and off premise consumption have become more central to restaurant operations. Mountain Mike's Pizza has an operating structure intended to serve those patterns. Pizza remains a common meal during changing economic conditions, while the brand's "crispy, curly pepperonis" provide a product distinction that appeals to customers seeking a particular flavor and texture. The market includes large national chains alongside many independent restaurants, so recognition and a distinct product can matter when a franchise competes locally. Improvements in food preparation technology and delivery logistics also create opportunities for organized franchise systems that can meet demand for quality and convenience as they enter additional markets.
The initial franchise fee for Mountain Mike's Pizza is $30,000. That fee is within the typical $25,000 to $50,000 range for quick service restaurant and fast casual concepts. The estimated total initial investment ranges from $477,000 to $983,000. The amount depends on factors such as the size and condition of the property, whether the restaurant is a new build out or a conversion, and local construction and labor costs. A smaller inline site may require an investment nearer the lower end, while a larger freestanding restaurant with more dining space may fall closer to the upper end. This places the concept in the mid tier to upper mid tier range for food service franchises. The continuing royalty is 5% of gross sales. Mountain Mike's Pizza was acquired in 2017 by Chris Britt and Ed St. Geme and was fully owned by their family partnerships as of February 2022. The company had support from a senior credit facility provided by AB Private Credit Investors. Britt and St. Geme also co own Juice It Up!, giving them experience managing and expanding franchise systems. The source does not provide specific financing terms or SBA eligibility information. Buyers should evaluate available conventional and government backed financing with qualified capital advisors and lenders, while understanding that PeerSense is not a lender and does not approve or provide loans.
A Mountain Mike's Pizza franchise centers on a family style restaurant offering built around its signature pizza and "crispy, curly pepperonis." Daily work includes kitchen production, ingredient control, use of proprietary recipes, customer service, and oversight of dine in, takeout, and delivery orders. Staffing generally includes a general manager, kitchen employees responsible for preparation and cooking, and front of house staff who take orders, serve customers, and maintain the dining area. Exact staffing levels depend on sales volume and operating hours. The source does not specify particular format options, but the unit growth and varied footprint indicate potential flexibility between traditional inline shopping center sites and freestanding restaurants. New franchisees receive training in operations, marketing, and business management. Ongoing support generally includes field consultants, operating reviews, point of sale and inventory technology, and national and local marketing programs. The corporate team also oversees supply chain logistics and purchasing intended to maintain product consistency and manage ingredient costs. Franchisees are generally granted an exclusive territory, and the franchise agreement has a 15 year term. The expansion plan may suit experienced franchisees pursuing multiple units. Because restaurants require close attention to staffing, service, and brand standards, an owner operator approach may be especially useful during the early years.
Results can differ according to geographic location, local demographics, local marketing, franchisee experience, and operating efficiency. A mature restaurant in a high traffic area with strong community involvement and an experienced team could perform at or above the reported average. These estimates are industry based and are not a guarantee of results.
Mountain Mike's Pizza has continued to expand under the ownership of Chris Britt and Ed St. Geme. The current franchise offering lists 118 franchised units, while the overall brand reached nearly 300 units across eight states by January 2024 and 289 all franchised locations by August 2024. The brand passed 300 units in 2025 through the opening of a Las Vegas location, extending its reach beyond its established West Coast markets. Britt and St. Geme fully acquired the brand in February 2022 with support from AB Private Credit Investors. Leadership changes include Jim Metevier's promotion to CEO in 2024, Sumi Ghosh's appointment as President and COO in late 2025 or early 2026, and Steven Adyani's promotion to Chief Operations Officer in March 2025. These changes indicate attention to growth, operating support, and innovation. The brand's competitive position draws from its signature pepperonis, family style experience, and established recognition, especially on the West Coast. Mountain Mike's Pizza is also adapting its customer access through online ordering systems and relationships with leading delivery platforms. Its product identity, history, and digital operating changes support the plan to enter additional markets.
A suitable Mountain Mike's Pizza franchisee may have an entrepreneurial mindset, experience in restaurant management or multiple unit operations, and knowledge of local market conditions. Industry experience can help, but management ability and consistent attention to operations are also central considerations. The brand's growth plans and investment requirements may appeal to multiple unit operators or buyers who want to develop several locations. Mountain Mike's Pizza is pursuing markets outside its traditional West Coast presence. Its expansion into eight states and the Las Vegas opening illustrate that broader target. Locations with strong family demographics, community participation, and demand for quality pizza may be a good fit. The period from franchise agreement signing to grand opening typically ranges from six to twelve months, depending on property acquisition, permits, and construction. The franchise agreement has a 15 year term, giving the owner a defined period to operate and build business value. Renewal provisions are generally described in the Franchise Disclosure Document. Standard transfer and resale provisions also address ownership changes and possible exit plans.
Mountain Mike's Pizza combines a history dating to 1978 with a family style restaurant model, a recognizable product built around "crispy, curly pepperonis," and continued unit growth. The brand grew to nearly 300 units across eight states by January 2024, reported 289 all franchised locations by August 2024, and exceeded 300 units in 2025 with the Las Vegas opening. Chris Britt and Ed St. Geme's acquisition and full ownership, supported by AB Private Credit Investors, together with the additions to the leadership team, provide context for the expansion strategy. PeerSense provides independent franchise research that includes SBA lending history, Loan Activity Score, location maps with Google ratings, FDD financial data, and side by side comparison tools. PeerSense introduces franchise buyers to SBA and conventional lenders, but it does not lend, fund, or approve loans.
Loan Activity Score
75/100
SBA Default Rate
8.0%
Active Lenders
61
According to its Franchise Disclosure Document or public business records, Mountain Mike's Pizza has 299 locations, all owned by franchisees. Public SBA loan records show 61 lenders made 150 loans to franchisees of Mountain Mike's Pizza. PeerSense calculates Mountain Mike's Pizza's score as 75 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.
Franchising since 1978 · 299 locations
$476,500 to $982,611
$30,000
299
299 franchised
Proprietary PeerSense metric
StrongDistinct lenders in public SBA records for Mountain Mike's Pizza
150
Total SBA loans
$403K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Mountain Mike's Pizza
Loan Activity Score Breakdown
Major Brand (100+ 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
8.0%
vs 10.8% peer avg
SBA Loans
150
Total Volume
$60.5M
Active Lenders
61
14 selective
States
9
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 Mountain Mike's Pizza based on SBA lending data
SBA Default Rate
8.0%
2.8% below peer avg
SBA Loan Volume
150 loans
Across 61 lenders
Lender Diversity
61 lenders
Avg 2.5 loans per lender
Investment Tier
Significant investment
$476,500 to $982,611 total
Mountain Mike's Pizza: 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
2025
17 approvals. The best year on record for Mountain Mike's Pizza.
Top SBA State
California
121 SBA financed Mountain Mike's Pizza locations, the densest operator footprint.
Average Loan Size
$403K
Median $268K. Use as a sizing anchor when modeling your own Mountain Mike's Pizza unit.
Lender Concentration
25.3%
Moderately Spread
Share of Mountain Mike's Pizza approvals captured by the top 3 SBA lenders.
Mountain Mike's Pizza's SBA lending pipeline peaked in 2025 (17 approvals). The last five fiscal years account for 35% of cumulative volume ($33M approved). Operator density is highest in California with 121 SBA financed locations. Average funded ticket sits at $403K, with the median at $268K. Lender mix is moderately spread: the top three SBA lenders account for 25.3% of approvals. Meaningful choice exists, but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$4,933
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
Mountain Mike's Pizza, unit breakdown
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Page Review
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