Ike's serves a variety of gourmet sandwiches with unique ingredients and bold flavors, providing a satisfying dining experience for sandwich lovers.
KEY FRANCHISE STATS
Franchisees
?
6
+
200%
200%
Franchise fee
?
$80,000
Investment
?
$141,000 - $614,000
Revenue (AUV)
?
Undisclosed
$475,000
+
n.a.
n.a.
Upgrade
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
The initial investment required for a Ike's franchise is $141,000 - $614,000. That is the total cost you would need to finance 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
Create a free account to access this table and more. For more information see our plans here.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
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
Franchise Disclosure Document
Below is Ike's's 2024 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Ike's had 94 total units in 2024, of which 6 were franchised-owned and 88 company-owned.
Ike's Love & Sandwiches provides comprehensive training for its franchisees to ensure consistent quality and successful operations. The training includes:
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.
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.
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.
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.
.png)
