Jersey Mike's Franchise FDD, Costs & Fees (2025)

Sub sandwich franchise known for its freshly sliced meats and cheeses, served on freshly baked bread, providing a variety of flavorful and customizable sandwich options.

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.

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 $18,500
Real Estate and Construction Fee $5,000
Rent/Lease CAM/Taxes/Lease and Utility Security Deposits $0 – $72,480
Architectural Fees $1,050 – $33,142
Leasehold Improvements $75,172 – $722,422
Equipment/Furniture/Small Wares $31,627 – $207,546
Initial Inventory $1,923 – $35,000
Insurance $1,000 – $24,780
Training $1,000 – $68,000
Grand Opening Advertising $12,500
Exterior Signage $1,121 – $40,073
Interior Branding / Graphics $1,610 – $11,208
Uniforms, Office Equipment and Supplies, TVs/Stereo System/Security System $900 – $65,507
POS System $8,250 – $27,509
POS System Connection to Private Network $4,500
POS License Fee $2,000 - $4,000
Professional Fees (lawyer, accountant, etc.) $250 – $21,425
Business Licenses and Permits $500 – $25,000
Additional Funds for 3 months $15,000
Total (for reference) $181,903 – $1,413,592
Type of Expenditure Amount
Initial Franchise Fee $18,500
Real Estate and Construction Fee $5,000
Rent/Lease CAM/Taxes/Lease and Utility Security Deposits $0 – $72,480
Architectural Fees $1,050 – $33,142
Leasehold Improvements $75,172 – $722,422
Equipment/Furniture/Small Wares $31,627 – $207,546
Initial Inventory $1,923 – $35,000
Insurance $1,000 – $24,780
Training $1,000 – $68,000
Grand Opening Advertising $12,500
Exterior Signage $1,121 – $40,073
Interior Branding / Graphics $1,610 – $11,208
Uniforms, Office Equipment and Supplies, TVs/Stereo System/Security System $900 – $65,507
POS System $8,250 – $27,509
POS System Connection to Private Network $4,500
POS License Fee $2,000 - $4,000
Professional Fees (lawyer, accountant, etc.) $250 – $21,425
Business Licenses and Permits $500 – $25,000
Additional Funds for 3 months $15,000
Total (for reference) $181,903 – $1,413,592

Franchise Disclosure Document

Competitors

Below are some of

Jersey Mike's

key competitors in the

Sandwich

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
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Gross Profit
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EBITDA
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2955

New
+
25%
25%

$18,500

$182,000

$1,414,000

n.a.

$1,285,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

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Number of units

Training 

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.

Territory Protection

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.

Competitors

Blimpie

Blimpie is a sandwich shop franchise known as “America’s Sub Shop,” offering handcrafted subs, salads, and wraps in traditional and express formats, supported by established brand recognition and operational guidance.

Franchisees

?

97
+
-15%
-15%
Investment

?

$90,000 - $589,000

Potbelly Sandwich

Potbelly Sandwich Shop is a fast-casual restaurant franchise known for its toasted sandwiches, soups, and salads. It emphasizes a warm, neighborhood atmosphere and uses high-quality ingredients to deliver comfort food.

Franchisees

?

95
+
111%
111%
Investment

?

$654,000 - $1,274,000

Sourdough & Co

Sourdough & Co is a fast-casual restaurant franchise known for its gourmet sandwiches, soups, and salads served on freshly baked sourdough bread in a warm, inviting setting.

Franchisees

?

78
+
2500%
2500%
Investment

?

$286,000 - $569,000

I Heart Mac and Cheese

I Heart Mac and Cheese is a fast-casual restaurant franchise specializing in customizable mac and cheese bowls, grilled cheese sandwiches, and comfort food.

Franchisees

?

33
+
267%
267%
Investment

?

$330,000 - $809,000

South Philly Steaks and Fries

South Philly Steaks and Fries is a casual dining franchise that serves classic Philly cheesesteaks, hearty sandwiches, and crispy fries with a focus on bold and satisfying flavors.

Franchisees

?

1
+
0%
0%
Investment

?

$321,000 - $607,000

Roly Poly

Roly Poly serves a variety of rolled sandwiches and wraps, offering fresh and flavorful meal options in a convenient format.

Franchisees

?

25
+
-22%
-22%
Investment

?

$107,000 - $227,000