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Ike's Franchise FDD, Costs & Fees (2025)

Ike's serves a variety of gourmet sandwiches with unique ingredients and bold flavors, providing a satisfying dining experience for sandwich lovers.

Ike's Love & Sandwiches, commonly known as Ike's, is a popular franchise specializing in gourmet sandwiches and unique culinary creations. Founded in 2007 by Ike Shehadeh in San Francisco, California, the franchise has established itself as a leader in the sandwich industry with its innovative approach to flavor combinations.

Ike's is headquartered in San Francisco, California, and began its franchising journey in 2014.

The franchise offers a diverse menu featuring an array of sandwiches with distinctive flavors, including signature items like the "Ike's Dirty Sauce" and various options tailored to meet a wide range of dietary preferences. 

Ike's differentiates itself through its focus on high-quality, fresh ingredients and an extensive selection of creative and customizable sandwich options that cater to various tastes and dietary needs.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $80,000
Delayed Opening Fee $0 to $9,000
Leasehold Improvements & Construction Cost $5,000 to $150,000
Licenses and Permits (Not Including Beer & Wine License) $500 to $4,000
Rent – 3 months $3,000 to $54,000
Security Deposits $200 to $20,000
Blueprints $250 to $20,000
Furnishings, Fixtures & Equipment $4,000 to $100,000
Signage – Interior and Exterior $450 to $20,000
POS Computer System $1,000 to $15,000
Travel & Living Expenses While Training $500 to $5,000
Manager/Leadership Training $2,000 to $6,000
Insurance – 3 Months $900 to $3,000
Professional Fees $1,000 to $5,000
Grand Opening Advertising Campaign $15,000
Opening Inventory & Supplies $2,500 to $15,000
On-Site Location Evaluation $0 to $500
Delivery Vehicle $0 to $2,500
Ancillary Real Estate Costs $5,000 to $50,000
Additional Funds – 3 Months $20,000 to $40,000
Total $141,300 to $614,000
Type of Expenditure Amount
Initial Franchise Fee $80,000
Delayed Opening Fee $0 to $9,000
Leasehold Improvements & Construction Cost $5,000 to $150,000
Licenses and Permits (Not Including Beer & Wine License) $500 to $4,000
Rent – 3 months $3,000 to $54,000
Security Deposits $200 to $20,000
Blueprints $250 to $20,000
Furnishings, Fixtures & Equipment $4,000 to $100,000
Signage – Interior and Exterior $450 to $20,000
POS Computer System $1,000 to $15,000
Travel & Living Expenses While Training $500 to $5,000
Manager/Leadership Training $2,000 to $6,000
Insurance – 3 Months $900 to $3,000
Professional Fees $1,000 to $5,000
Grand Opening Advertising Campaign $15,000
Opening Inventory & Supplies $2,500 to $15,000
On-Site Location Evaluation $0 to $500
Delivery Vehicle $0 to $2,500
Ancillary Real Estate Costs $5,000 to $50,000
Additional Funds – 3 Months $20,000 to $40,000
Total $141,300 to $614,000

Ike's

2024

Franchise Disclosure Document

Number of units

Training

Ike's Love & Sandwiches provides comprehensive training for its franchisees to ensure consistent quality and successful operations. The training includes:

  1. Operational Training: Franchisees receive detailed instruction on daily operations, including food preparation, customer service, and store management. This hands-on training helps ensure that franchisees adhere to Ike's high standards and procedures.
  2. Marketing and Sales: Franchisees are trained in Ike's marketing strategies and sales techniques to effectively promote their store. This includes guidance on local marketing campaigns, social media management, and promotional events.
  3. Administrative Support: Training covers essential administrative tasks such as inventory management, financial tracking, and point-of-sale systems. This helps franchisees manage their store efficiently and maintain profitability.
  4. Ongoing Support: Ike's offers continuous support after the initial training, including access to a dedicated support team, regular updates on best practices, and opportunities for additional training as needed.

Territory Protection

Ike's Love & Sandwiches provides territory protection to its franchisees as part of its franchise agreement. This means that each franchisee is granted an exclusive area in which no other Ike's locations can be opened, ensuring they have a defined market to serve without direct competition from other franchisees within the same brand.

The territory protection is designed to help franchisees maximize their market potential and build a strong customer base without the pressure of competing with other Ike's outlets in close proximity. This strategic approach supports franchisee success by reducing market overlap and allowing each location to thrive within its designated area.

Competitors

Below are some of

Ike's

key competitors in the

Sandwich

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Sign up
Gross Profit
Sign up
EBITDA
Sign up

6

New
+
200%
200%

$80,000

$141,000

$614,000

n.a.

$475,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Competitors

Abu Omar Halal

Abu Omar Halal is a Mediterranean street-food franchise offering shawarma, falafel, and grilled halal dishes, serving quick-service guests across food trucks and restaurants, and known for generous portions, bold Middle Eastern flavors, and late-night service in busy urban markets.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$335,000 - $634,000

Extreme Pita

Extreme Pita is a fast-casual restaurant franchise offering pita wraps, salads, and Mediterranean-inspired meals, serving health-conscious guests and busy families, and known for customizable pitas, fresh ingredients, and lighter alternatives to traditional fast food, including catering.

Franchisees

?

1
+
n.a.
n.a.
Investment

?

$192,000 - $513,000

Sub-Ology

Sub-Ology is a sandwich-and-fast-casual franchise offering premium subs, wraps, salads and soups made with Boar’s Head meats and locally baked bread, serving lunch and dinner diners, and known for gourmet ingredients and community-oriented atmosphere.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$285,000 - $443,000

Miller's Famous Sandwiches

Miller’s Famous Sandwiches is a fast-casual franchise offering toasted sandwiches, soups, salads and coffee, serving lunch crowds and grab-and-go customers, and known for iconic brand history, streamlined operations and community-friendly service.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$336,000 - $691,000

D'Angelo Grilled Sandwiches

D'Angelo Grilled Sandwiches is a fast-casual sandwich franchise offering grilled subs, soups, salads and coffee, serving lunch and dinner crowds, and known for flame-roasted flavour, fresh ingredients and community-based franchise experience.

Franchisees

?

22
+
-12%
-12%
Investment

?

$411,000 - $737,000

Submarina California Subs

Submarina California Subs is a submarine-sandwich franchise offering crafted subs with fresh, quality ingredients, serving take-out and delivery customers, and known for California-style flavor, strong franchise support, and award-winning menu.

Franchisees

?

10
+
-9%
-9%
Investment

?

$183,000 - $370,000

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