Jersey Mike's Subs, a prominent name in the submarine sandwich franchise industry, began its journey in 1956 and started franchising in 1987. Headquartered in Manasquan, New Jersey, the franchise has grown significantly, establishing a strong foothold in the fast-food sector.
Known for its dedication to quality, Jersey Mike's offers customers freshly made submarine sandwiches, along with a variety of other sandwiches, food items, and beverages, creating a distinctive dining experience in a competitive market.
The core of the Jersey Mike's franchise opportunity is its simple business model, which focuses on delivering high-quality sub sandwiches made with fresh ingredients, prepared right in front of the customer, and served with genuine enthusiasm.
Jersey Mike's Subs sets itself apart with its unique "Mike's Way" of preparing sandwiches using onions, lettuce, tomatoes, oil, vinegar, and spices. The company's emphasis on giving back and making a difference in people's lives is a key part of its mission.
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.
KEY FRANCHISE STATS
All you need to know about this franchise
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$1,285,000
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n.a.
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Below are some of
Jersey Mike's
key competitors in the
Sandwich
sector.
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$90,000
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$50K - $100K
$589,000
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$0
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n.a.
n.a.
n.a.
$654,000
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Over $500K
$1,274,000
n.a.
$1,299,000
n.a.
n.a.
n.a.
n.a.
$286,000
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$200K - $500K
$569,000
n.a.
$719,000
n.a.
n.a.
n.a.
n.a.
$330,000
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$200K - $500K
$809,000
n.a.
$0
n.a.
n.a.
n.a.
n.a.
$321,000
-
$200K - $500K
$607,000
n.a.
$1,183,000
71.0%
n.a.
n.a.
n.a.
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Jersey Mike's offers a comprehensive training program designed to equip franchisees with the necessary skills and knowledge for successful operation.
This training is structured into three phases, requiring the participation and successful completion by the franchisee's Controlling Principal or designated manager, assistant manager, and shift supervisor before the restaurant opens.
The initial training includes both classroom instruction and hands-on, in-store training, covering all essential aspects of running a Jersey Mike's Restaurant.
Franchisees are responsible for all costs associated with attending the training program, including travel, accommodation, and meals for themselves and their employees.
Franchisees are authorized to operate a Jersey Mike's Restaurant at a specific location referred to as the "Designated Area," as outlined in the Franchise Agreement. The boundaries of this area are determined by factors such as zip code boundaries, county lines, highways, physical landforms, city or municipality limits, and other relevant considerations by the company.
However, franchisees do not receive territorial protection within their Designated Area. Additionally, the company's approval of a restaurant site is based on current factors, including site demographics, proximity to other businesses, neighborhood characteristics, and other criteria that may evolve over time.
2361
2647
2955
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34
2387
2675
2989
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