May 5, 2022
Mountain Mike's Pizza reports strong sales increases in Q1 of 2022. Same-store sales increased 7.0% while total system sales were 14.4% higher than Q1 2021. First quarter AUVs for the brand were $1.1 million systemwide with the top 25% of locations averaging $1.62 million in sales and the top 50% nearly $1.4 million, according to a press release.
"Mountain Mike's Pizza once again is off to a strong start in 2022. Our passionate and talented franchisees continue to show why they are arguably the top performers in the entire franchised pizza segment. AUVs systemwide have now grown nearly 40% over the past 4 years which for a 44-year-old brand is quite an achievement," Chris Britt, co-CEO/owner of Mountain Mike's Pizza, said in the release. "As we accelerate our efforts to grow Mountain Mike's Pizza throughout the Western U.S., not only are we seeing terrific interest among existing franchisees to expand beyond their existing trade areas, but we are also seeing a dramatic increase in interest among new multi-unit franchise candidates to spearhead the opening of new states. We now have new franchise commitments for more than 60 new locations, a 24% increase over our current restaurant footprint."
The brand opened five new restaurants in Q1, including its first Idaho location, and also its first two locations in Arizona. In the second half of 2022, the company expects to open its inaugural locations in Colorado and Texas, along with additional units in Utah, Oregon, Nevada and California. The 255-unit pizza chain also signed franchise commitments in the first quarter of 2022 for 11 new locations. By the end of 2022, the brand expects to open a total of 30 new restaurants, as it continues its ascent towards its mid-term goal of 400-plus locations by the end of 2025.
Mountain Mike's Pizza operates more than 255 locations.
For over 45 years, Mountain Mike’s Pizza, a leading family-style pizza chain known for its legendary crispy, curly pepperonis and Mountain-sized pizzas, has been quietly building one of the largest regional pizza franchises in the West. Today we're developing coast-to-coast with 300+ restaurants, and we're primed for explosive growth nationwide