Since 1998, Montana Mike’s has prospered in B and C niche markets by offering large portions of naturally aged steaks hand cut in house, at moderate prices. Today they’re seeking growth with a new 7,000-square-foot, ground-up construction modeled after a rustic mountain lodge. Owned by Tom Ford, Terry Harstad, Steve Schmidt and Doug Freiling, the restaurants are part of Stockade Companies, LLC, which also owns the Sirloin Stockade and Coyote Canyon chains.
|2006 Systemwide Sales||$36,400,000|
|% Change in Sales||25.1%|
|2006 U.S. Units||24|
|% Change in Units||20.0%|
|2006 Average Unit Volume||$1,600,000|
|% Change in AUV||1.9%|
|Future 50 Year||2007|