Are you looking for a Jersey Mike’s subs Franchise? Jersey significant island Mike’s Super Subs was founded in 1956 on the Jersey Shore in Point Pleasant, New Jersey.
This article will help you with the price, training, and other information related to Jersey Mike’s subs Franchise.
About The Jersey Mike’s Subs
Jersey Mike’s Subs is a subs sandwich franchise in the United States. The leading firm, Jersey Mike’s Franchise Systems, owns approximately 1,900 locations across the United States.
Check: Church’s Chicken Franchise
History Of Jersey Mike’s Subs
Jersey Mike’s Subs was launched in 1956 in Point Pleasant, New Jersey as Mike’s Subs.
Peter Cancro, a high school student, started working there in 1972 and fell in love with the original submarine sandwiches.
When Peter was a senior, the third owner of Mike’s decision to sell the business, Peter Cancro, then 17 years old, leaped at the chance, purchasing the subs shop with the support of his football coach.
He launched a few more Mike’s Subs, expanding on the idea of staff interacting with customers in a pleasant manner, which he still does today. Cancro restarted franchising in 1987, and the firm was renamed Jersey Mike’s Subs.
Jersey Mike’s Franchise Systems Inc. continues to be led by Peter Cancro.
It has been 50 years since the first Jersey Mike’s subs were made with quality and attention.
Jersey Mike’s has powered its development and success over the years by maintaining its dedication to producing “the” best sub sandwich in the business.
Menu
The chain offers a large selection of cold and hot subs, which converts into wraps.
Several signature wraps to choose from, including Chicken Caesar and Baja Chicken. Subs are also available without the bread, dubbed “Sub in a Tub.”
Jersey Mike’s subs also serve soups and salads, potato chips and chocolate chip cookies, and the standard soft drinks and water selection.
Sub and wrap trays, box lunches, and cookie trays are among the chain’s catering menu items.
Jersey Mike’s Subs Franchise Model
| Initial Franchise Fee | $18,500 |
| Total Investment | $169,001 to $804,045 |
| Working Capital | $15,000 |
| Royalty Fee | 6.5% |
| Area Requirement | 1200-1800 square feet |
| Total Outlets | 1,900 |
Training
Jersey Mike’s subs support services include extensive training. To run their franchises, franchisees will need to be well-trained.
You will receive an extra 28.75 hours of training at its corporate headquarters. Absentee ownership is permitted in the franchise.
That implies you don’t have to be present as long as the franchise runs or operates by skilled hands.
Jersey Mike’s Subs Comparison
| Company | Jersey Mike’s Subs | Checkers |
|---|---|---|
| Founded In | 1969 | 1986 |
| Initial Investment | $169,001 to $804,045 | $165,000 – $1,235,400 |
| Franchise-Fee | $18,500 | $30,000 |
| Total Outlet | 1,900 | 800 |
| Annual Revenue | $6.3 Million | $302.4 Million |
Frequently Asked Questions
What is the total number of franchises are there in the US?
Jersey Mike’s Subs has 1796 franchised sites throughout the United States as of the 2021 Franchise Disclosure Document.
Is it possible to open a Jersey Mike's Subs franchise near me?
Jersey Mike’s Subs has franchise sites in 47 states and the District of Columbia. With 780 franchise locations, the South is the most populous region.
Does Jersey Mike's Subs offer Franchising?
Yes, Jersey Mike’s Subs offers franchise opportunities to entrepreneurs.
How much does a Jersey Mike's Subs franchise cost?
Opening a Jersey Mike’s Subs franchise requires a franchise fee of up to $18,500, with a total initial investment range of $169,001 to $804,045.
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