The answer "That can vary from model and manufacturer but with nearly 200cc's of displacment you should have enough power to get up around the 60mph even 70mph mark easily, although going that fast on a minibike would make me pretty nervous." is completely unfounded and a guess based on a street scooter or street bike. The 196cc mini bikes that have become popular recently average between 14 mph - 19 mph. They are not made for the road, they are not licensable as they are not equipped to be driven on the road and do not qualify to be considered a scooter. These bikes are not legal for street use in any state in the U.S.A. These 196cc mini-bikes are currently being sold as BAJA WARRIOR WR65 and IS A 6.5 HP 196 CC with a HOMELITE ENGINE or possibly other engine brands as well. Tractor Supply currently has a large supply of these. AVERAGE Price is between $499.00 - $699 depending upon retailer mark-up.
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The speed can differ greatly with gearing, the amount of weight it's pulling, stock/modified, size of wheels, etc., much more information is needed for a precise answer.