Food & Beverage · registry year 2024 · HQ NJ

Jersey Mike's Franchise

A Jersey Mike's Franchise Systems brand operating in the food & beverage sector, franchising since 1987. According to the 2024 FDD filing for Jersey Mike's, this is an editorial comparison record; it does not reproduce the brand's current FDD.

$180K – $800K
Initial investment · Mid-range entry cost
6.5%
Royalty rate · Above-average royalty
2,800
Total locations · Large network
$1.2M
Avg unit revenue · Mid-range unit revenue

FDD outlay schedule

Registry jersey-mike-s Jersey Mike's

Jersey Mike's needs $180K–$800K to open and charges a 6.5% royalty - an entry cost below the typical food & beverage franchise.

  • LO $180K
  • HI $800K
  • FEE $19K
  • ROY 6.5%
  • UNT 2,800
  • I19 Disclosed
  • INV# #115/223
  • UNT# #41/223

Nearest Item 7 peer: Cinnabon ($177K)

Jersey Mike's (this)$180KCinnabon$177KFirehouse Subs$175KSteak 'n Shake$188KAuntie Anne's$191KDutch Bros Coffee$150K
Jersey Mike's Item 7 listed-low neighbourhood vs nearest food & beverage peers

Same-sector Item 7 neighbourhood for Jersey Mike's (registry year 2024). Listed lows only - not a profit, cost-of-living, or suitability claim. Verify the current FDD before relying on these figures. How we place brands →

Franchise Opportunity Health Score

How healthy and transparent Jersey Mike's's franchise system looks, from 2 of 2 tracked dimensions.

100 A
  • Network momentum 7.1% net unit growth (YoY) 100/100 · A
  • Financial disclosure Item 19 disclosed 100/100 · A

Benchmarked against the 223-brand tracked corpus (p10-p90 range per dimension); a higher score means a growing unit count and a disclosed Item 19. See how we place brands.

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Where Jersey Mike's's investment ranks nationally

Jersey Mike's's listed Item 7 low of $180K against every one of the 218 tracked franchise brands with a disclosed initial investment. Listed figures only, verify in the current FDD before relying on them.

Jersey Mike's vs all tracked franchise brands by listed investment

Initial investment low (FDD Item 7), PlainFranchise brand corpus

$180,000 Lower than most lower than 52% of 218 franchise brands

Franchise brands, banded by listed Item 7 low

Each bar is a $0.001K-wide band; taller bars hold more franchise brands. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source PlainFranchise editorial comparison registry · 2024-12-31

Investment Overview

Investment Range $180K – $800K
Franchise Fee
$19K
Ad Fund Rate
2.0%

Revenue Data (Item 19)

Item 19 Disclosed Franchisor provided financial performance data
Average Revenue
$1.2M
gross revenue per location

* Revenue figures are gross revenue (sales), not profit. This registry does not report operating costs or profit.

Network Size & Growth

2,800
Franchised
0
Company-Owned
+300
Opened (Last Year)

Net Growth Rate

Year-over-year unit change

7.14% growth

100 locations closed in the last reporting year

Quick Facts

Subsector
quick service restaurant
Founded
1956
Franchising Since
1987
Headquarters
NJ
FDD Year
2024
Item 19
Disclosed

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Important Notice · Jersey Mike's

This Jersey Mike's page is a registry comparison record, not a verified FDD extract. It does not establish suitability, operating costs, profitability, or expected results for Jersey Mike's.

National footprint registry read for Jersey Mike's

Signature read: 2,800 locations · Item 7 low $180K

Jersey Mike's, a Jersey Mike's Franchise Systems franchise, has been franchising since 1987 - 31 years after the concept was founded in 1956 , currently with 2,800 total locations (2,800 franchised, 0 company-owned; 100% of the recorded total is franchised) in the food & beverage sector, headquartered in NJ. The registry records a total initial investment between $180K and $800K, recorded as a low-to-high range in the registry. The registry records a separate franchise-fee field of $19K and does not list every Item 7 component in this summary.

Ongoing royalties run 6.5% of gross sales with a separate 2.0% national advertising-fund field; the two listed percentages total 8.5%. Jersey Mike's has an Item 19 financial-performance field in this registry, a voluntary disclosure under the FTC Franchise Rule. The reported average gross revenue per location is $1.2M; the listed royalty rate multiplied by the reported average equals $78K, which is not a total-cost or profit calculation. Revenue is not profit; this registry does not contain a complete operating-cost or profit record.

The unit count trend here is positive -- Jersey Mike's posted 7.1% net growth year-over-year (300 openings, 100 closures). The count describes the latest reported period only; the underlying Item 20 tables provide the fuller disclosure context.

Frequently Asked Questions

How much does a Jersey Mike's franchise cost?
The total initial investment for a Jersey Mike's franchise ranges from $180K to $800K. That includes an initial franchise fee of $19K. Ongoing royalties are 6.5% of gross sales.
How many Jersey Mike's locations are there?
Jersey Mike's's network totals 2,800 locations (2,800 franchisee-owned). That total is trending up, 7.1% net year-over-year.
What are the ongoing fees for a Jersey Mike's franchise?
Jersey Mike's's ongoing royalty is 6.5% of gross sales. On top of that, a 2.0% ad-fund contribution applies. Both listed fee fields are separate from the listed initial-investment range.

Related reading for Jersey Mike's: Understanding FDDs , Jersey Mike's lists Item 19 revenue here, how Item 19 fits the 23-item FDD.

Jersey Mike's among nearby food & beverage registry records: listed entry cost and network size Scatter plot of 11 data points. -5000 locations0 locations5000 locations10000 locations15000 locations20000 locations25000 locations $100k$150k$200k$250k Listed initial investment low ($000) Total locations (Item 20) Jersey Mike'sCinnabonFirehouse SubsSteak 'n ShakeAuntie Anne'sDutch Bros CoffeeCapriotti's Sandwich ShopDunkin'Crumbl CookiesJambaDomino's
Jersey Mike's among nearby food & beverage registry records: listed entry cost and network size

Snapshot uses the registry's listed Item 7 initial-investment low and Item 20 location-count fields. It is a descriptive comparison, not a ranking or investment recommendation.

How Jersey Mike's's Item 7 and Item 19 fields are labeled (expand)

Nationwide brands with similar investment or network size

Two data-derived peer sets for Jersey Mike's , both outside HQ state NJ : nearest Item 7 lows and nearest total-location counts, not the same-sector roster below.

What to do with this

Jersey Mike's at a glance, drawn from the same figures above.

  • Jersey Mike's scores 100/100 (A) on our composite opportunity read, combining net unit growth and Item 19 financial-disclosure transparency.
  • Its $180K – $800K entry cost runs below the typical food & beverage franchise.
  • Ranks #115 of 223 listed franchises by initial investment. See rankings
  • Cinnabon sits at a comparable investment level ($177K) in the same sector. Compare

Editorial comparison registry, not a source-linked FDD record. Verify the current FDD before relying on any figure.

Editorial comparison registry; a source filing is not linked to this record. Verify the current FDD before relying on a figure.

Source: PlainFranchise editorial registry Record-level FDD source link and retrieval date pending