Jersey Mike's Submarines & Salads Franchise

Jersey Mike's Submarines & Salads Franchise

Jersey Mike’s sells quality subs in restaurants reminiscent of the Jersey Shore. The franchise system is proven, and there is ample room for growth.

Restaurant and Food
Min. Liquid Capital

$18,500

Min. Franchise Fee

$18,500

Total Number of Units

2,989

About Jersey Mike's Submarines & Salads

Jersey Mike’s sells hot and cold submarine sandwiches, signature wraps, sides, kids’ meals, breakfast items, drinks and desserts for patrons to eat on site or off site. The subs are fresh and prepared in front of customers. The bread is baked daily, and the meats and cheeses are premium quality and freshly sliced. Customers can order subs by number or customize their own. In addition, many restaurants offer catering.

Jersey Mike's Subs has both traditional and nontraditional locations. The typical restaurant is 1,000 to 2,000 square feet in a retail shopping center. Nontraditional locations include those in places such as airports, universities, stadiums and casinos.

Franchising Since

1987 (38 years)

Company Units

34

Average Unit Revenue

$1,338,874

Franchise Fees

Min. Franchise Fee

$18,500

Royalty Fee

6.5%
Gross Receipts

Ad Fund Fee

4.0%
Gross Receipts

Why Jersey Mike's Submarines & Salads?

Jersey Mike’s says that its model gives owners the opportunity to lead balanced lives and to give back to community causes. In fact, each grand opening event supports a charity in the community.

Owners of traditional restaurants have a designated (exclusive) territory that is generally a radius of 0.5 miles to 1 mile. That said, nontraditional locations may be found inside territory that is otherwise designated.

Jersey Mike’s prides itself on its fast and fresh approach. The customers who frequent its restaurants tend to be relatively affluent and seek higher-quality food than what they would find at a regular fast food restaurant. The sandwiches are easy to portray as portable, healthful and fresh, and many customers are return customers who love the great food and the Jersey Shore decor.

Ideal Candidate

Jersey Mike’s wants people who recognize the worth of a proven system and who care deeply about their communities. Ideal candidates are positive, competitive, friendly and confident. Restaurant experience can be helpful but is not required. Current owners hail from all walks of life, and many are former customers and employees.

Training is extensive, more so than what many other franchises require. Thus, ideal candidates should also be able and willing to undergo eight to ten weeks of in-store and classroom training, some of it in Point Pleasant, New Jersey.

Initial Investment

$237,419 - $766,971

Min. Liquid Capital

$18,500

Net Worth Required

-

Benefits

  • Training and Support
  • Financing Available
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