Jersey Mike's Subs has grown into one of the most recognized names in the fast-casual sub sandwich category, and its franchise program remains active and open to qualified candidates across the United States. For entrepreneurs looking at food service opportunities with strong brand recognition, this is a system worth a closer look.
Franchise · Food & Restaurant
Jersey Mike's Subs Franchise
Fresh-sliced subs made to order, backed by a $1.2M average unit volume and decades of brand recognition.
$18,500
franchise fee
$100,000
personal capital
USD 145k – 1.4Mk
investment
How much does a Jersey Mike's Subs franchise cost?
Franchise fee
Amount paid when signing the contract
$18,500
Personal capital
Own funds required to complete the financing
$100,000
Total investment
Estimated total budget for the opening
$144,668 – $1,413,592
Ongoing royalty
6.5%
Figures declared by the franchisor — sources and verification date at the bottom of the page.
What it's about
The right questions before you start
Why This Brand Draws Franchise Interest
One of the standout figures publicly shared by the company is an average unit volume of $1.2 million for traditional locations, a number that signals strong sales potential per store. That said, the company is careful to note that complete performance figures are detailed in Item 19 of the FDD, so this average should be treated as a headline figure rather than a guarantee. Beyond sales performance, the brand benefits from decades of consumer trust and an expansive national footprint, giving new franchisees the advantage of joining an already-established name rather than building awareness from zero.
Understanding the Investment Picture
Getting precise, current investment figures for Jersey Mike's requires some diligence, since the company's own franchise page does not list a single investment range and instead directs applicants to the FDD. Multiple franchise-industry publications tracking different years of FDD filings have reported total initial investment figures ranging broadly — from roughly $145,000 on the low end to figures exceeding $1.4 million at the high end, depending on store size, market, and construction costs. The initial franchise fee is cited consistently across several independent sources at approximately $18,500, though this has not been verified word-for-word on the primary company site. A royalty fee of around 6.5% of gross receipts has also been reported by franchise research firms, though again this figure sits in secondary sources rather than the company's public materials. Given the spread in reported numbers across different FDD years, prospective franchisees should request the current Franchise Disclosure Document directly from the company before making any financial commitments.
Jersey Mike's Subs at a Glance
- Concept: made-to-order sub sandwiches with in-store meat and cheese slicing
- Average unit volume: approximately $1.2 million (traditional locations, per company disclosure)
- Reported initial franchise fee: approximately $18,500 (per third-party FDD analysis, not independently confirmed)
- Reported royalty fee: approximately 6.5% of gross receipts (per third-party sources)
- Franchise offering regulated in certain states including California, Hawaii, and Illinois
- Full financial details available only through the official Franchise Disclosure Document
If the idea of joining a nationally known sandwich brand with a loyal customer base appeals to you, the next step is simple: reach out to Jersey Mike's directly through its official franchise application page to request the current FDD and start a real conversation about opening a location in your market.
How much does it cost to open a Jersey Mike's franchise?
The company's official site does not publish a single figure and instead points applicants to its Franchise Disclosure Document. Third-party sources tracking different FDD years report total investments ranging from roughly $145,000 to over $1.4 million, with an initial franchise fee around $18,500. Because these figures vary by source and year, request the current FDD directly from Jersey Mike's for accurate numbers.
What does the Jersey Mike's franchise format actually involve?
Franchisees operate a storefront selling made-to-order submarine sandwiches, with meats and cheeses sliced fresh on-site rather than pre-packaged. This slicing process is a core part of the customer experience. The company reports an average unit volume of about $1.2 million for traditional locations, though full performance data sits in the FDD's Item 19 disclosure.
What net worth or savings do I need to qualify as a Jersey Mike's franchisee?
Third-party franchise research sources report a net worth requirement of around $300,000 and liquid capital of about $100,000, though these figures have not been confirmed on the company's official site. Candidates should verify exact financial qualification thresholds directly with Jersey Mike's during the application process.
Does Jersey Mike's provide training and support to new franchisees?
Reported figures from franchise-industry sources cite roughly 360 hours of on-the-job training plus 40 hours of classroom instruction, though this has not been verified on the company's own materials. For confirmed details on training programs, marketing support, and ongoing operational assistance, contact Jersey Mike's franchise development team directly.
How many Jersey Mike's locations are there in the U.S.?
Publicly available figures conflict: one source cited over 2,090 U.S. locations as of early 2022, while another more recent secondary source reported a notably lower and inconsistent count. An accurate, current total was not verifiable through the official site during this research, so applicants should ask Jersey Mike's directly for up-to-date unit counts.
Sources and data verification
The figures on this page come from the following sources:
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Jersey Mike's Subs
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