MRMIKES_head

MR MIKES

MR MIKES was founded in 1960 and opened the first location on Granville Street in Vancouver, BC.

Minimum Investment

$ 900000

Fees

On Application

Full Investment

$18000000

Additional Funding Support

On Application

Franchise Industry

Food & Beverages

Estimated Annual Profits

On Application

HISTORY

Originally established as a cafeteria-style grill, the concept was designed to offer affordable meals to families, with the “Mikeburger” quickly becoming a signature item. Over the decades, the brand evolved significantly. In 2010, the brand was acquired by RAMMP Hospitality Brands Inc., which initiated a major revitalization. This transition moved the chain away from its old salad-bar format and rebranded it into a new dining category known as “SteakhouseCasual,” aiming to modernize the guest experience while honoring its heritage.

HOW IT WORKS

The MR MIKES franchise operates on a full-service restaurant model that blends high-quality dining with a casual, relaxed atmosphere. The core product offering centers around premium steaks, the famous Mikeburgers and Lodgeburgers, salads, and pastas, alongside branded wines and beers. A key operational feature is the “urbanLODGE,” a distinct lounge area within the restaurant designed to be a social hub where guests can unwind with games and drinks. For franchisees, the system provides a turnkey operation that includes comprehensive support in site selection, restaurant design, training, and marketing. The business strategy often targets secondary markets and smaller communities where real estate costs are lower, allowing franchisees to build strong local connections.

WHAT SETS US APART

MR MIKES distinguishes itself through its proprietary “SteakhouseCasual” category, which bridges the gap between expensive, formal steakhouses and standard casual dining chains. Unlike traditional steakhouses that may feel stuffy or exclusive, MR MIKES prides itself on an unpretentious, “come-as-you-are” environment—famously banning tablecloths and “snooty” service. The dual-concept layout, offering both a family-friendly dining room and the spirited urbanLODGE, allows the franchise to cater to diverse customer needs under one roof. Furthermore, its longevity of over 60 years provides a sense of nostalgia and trust that many newer competitors cannot replicate.

GETTING TO KNOW MR MIKES

MR MIKES is a proud Canadian company, established in 1960. It is the place to come with good friends for great steaks and even better times. The MR MIKES brand is known and loved for its irreverent, comfortable, and non-pretentious steakhouse experience that resonates with Canadians for great food, affordable indulgences, and unique style. MR MIKES SteakhouseCasual currently operates 52 locations across Canada and plans to continue the brand’s expansion with the opening of an anticipated 50+ locations over the next five years. 

AVAILABLE AREAS

MR MIKES is currently recruiting franchisees for BC (Vancouver Island, Penticton, and Mission), AB (Medicine Hat, Okotoks, Brooks, Canmore), MB (Steinbach, Brandon, Selkirk), and Ontario (various locations)

OUR IDEAL CANDIDATE

If becoming a MR MIKES SteakhouseCasual franchisee sounds as good as one of our mouth-watering AAA Rib-Eyes, we’d love to hear from you! Our ideal candidate is a results focused self-starter with strong community ties and has a keen interest in running their own business. We also prefer candidates with the infrastructure and resources to run a successful business, as well as those with previous restaurant experience (both in QSR and / or full-service spaces) and / or a proven track record of exceptional guest service.

FINANCIALS 

Let’s start with some juicy numbers:

All of our potential franchise owners are required to have a total net worth of at least $1 million and at least $500,000 in liquid assets.  

  • Total net worth of at least $1 million CDN
  • At least $500k CDN in liquid assets 
  • Initial franchise fee is $50,000+GST / HST
  • Total investment range $900 K – $1.8 M

MR MIKES FRANCHISE TRAINING AND SUPPORT

All franchises offer some training and support to their franchisees, but great franchise partners go above and beyond to provide resources that ensure you have the best tools you need to thrive.  By choosing MR MIKES as your franchisor, you’re aligning with a Canadian leader in the casual dining category that’s dedicated to supporting your business. 

Our training program makes your transition to MR MIKES franchise ownership as simple and straightforward as possible.  Once you’ve received approval from our leadership team and paid your initial franchise fee, the onboarding process will begin.

The MR MIKES Support team will arrange alignment meetings to discuss our expectations and timelines.  You’ll also be granted access to our MikesConnect online training materials, which you can review before starting your 8-week hands on training program. Throughout the entire process of building and opening your restaurant, our team will offer assistance and guidance including lease negotiation, construction management, restaurant technology, and operational systems.

GET STARTED NOW!

Interested in learning more about becoming a MR MIKES franchisee?  Submit a franchise inquiry through MR MIKES SteakhouseCasual website today!  Upon completion, you will be sent an email with MR MIKES franchise info including a link to complete a full application and one of our development team members will contact you

Testimonials

“People want a full experience—with a franchise I think you’re able to offer so much more in terms of service and consistency…You can trust the MR MIKES brand.” – Sal Naim –  Multi-Unit franchisee Bonnyville AB, Slave Lake AB, Drayton Valley AB, Whitecourt AB, Edmonton NW AB, Fort Saskatchewan AB, Stoney Plain AB, Bonnie Doon Edmonton AB

“It was very seamless, we had support through the construction of the restaurant which takes some time. There was someone here all the time helping and even after that once you open up they had a great training program for our staff. So it was a 3 or 4 week training program where they came down, trained everybody and stayed after we opened to make sure it was smooth and it was just a great experience, I couldn’t say enough about it.” – Mike Gowan – Welland ON

EF100 People's Choice Award

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EF100 People's Choice Award