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.
| Location | Hutchinson, Kan. |
|---|---|
| 2007 Systemwide Sales ($000) | $39,700,000 |
| YOY Sales Change | 9.1% |
| 2007 U.S. Units | 27 |
| YOY Unit Change | 12.5% |
| 2007 Average Unit Volume ($000) | $1,600,000 |
| Future 50 Year | 2008 |
*Technomic estimate
For more insights from Technomic as well as Technomic’s analysis, growth forecast and more: