JERSEY MIKE'S
Jersey Mike's franchises operate restaurants specializing in made-to-order submarine sandwiches, other sandwiches, chips, and beverages for on-premises and off-premises consumption. The franchisor, A Sub Above, LLC, offers single-unit franchises or area development agreements, providing branding, operational systems, and support to franchisees. They target the general public in the competitive fast-casual sandwich market.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6.5% royalty + 5% total ad fund (1% Corporate Advertising & Development Fund + 4% National Media Fund) + $466-$874/mo in fixed technology/software fees (POS software, secure network, cellular backup, gift card)
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: Data based on 2,255 Traditional Franchised Restaurants open and operating in the United States as of December 31, 2024, that operated for greater than 360 days during the Measurement Period (January 1, 2024 - December 31, 2024), used the Company's designated POS System, and were not directly or indirectly owned or managed by the Company, its affiliates, or related parties.
Extracted Item 19 Section
How JERSEY MIKE'S Compares to Other Fast Food Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
JERSEY MIKE'S Current | N/A | $20K | 6.5% | 2,955 |
| Burger King | $2.1M - $4.7M | $50K | 4.5% | 19,732 |
| MCDONALD'S | $1.5M - $2.6M | $45K | N/A | 12,772 |
| AFC | $45K - $151K | $6K | 9.5% | 3,572 |
| SONIC DRIVE-IN | $1.7M - $3.1M | $15K | 5.0% | 3,441 |
| JIMMY JOHN'S | $366K - $728K | $35K | 6.0% | 2,647 |
Fast Food Average 127 franchises | $605K - $1.5M | $35K | 6.1% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 127 Fast Food franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+36 more states
SBA Loan History
Historical SBA 7(a) loan data for JERSEY MIKE'S franchisees (2010 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much revenue does a JERSEY MIKE'S franchise make?
According to the 2025 FDD, the average gross revenue for a JERSEY MIKE'S franchise is $1,338,874. The median revenue is $1,285,259.
How many JERSEY MIKE'S franchise locations are there?
As of the 2025 FDD, JERSEY MIKE'S has 2,955 franchise locations. The company has been franchising since 1987.
Can you get an SBA loan for a JERSEY MIKE'S franchise?
Yes, SBA loans are available for JERSEY MIKE'S franchises. Historical data shows 505 SBA 7(a) loans have been approved for JERSEY MIKE'S franchisees, with an average loan amount of $384,928. The historical default rate is 1.0%.
Is JERSEY MIKE'S a good franchise to buy?
JERSEY MIKE'S shows several positive indicators: established brand with 2,955+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in JERSEY MIKE'S?
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