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.
Franchise Costs
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)
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
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
JERSEY MIKE'S Current | N/A | $20K | 6.5% | 2,955 |
| 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 |
| ARBY'S | $645K – $2.5M | $38K | 4.0% | 2,316 |
Fast Food Average 126 franchises | $594K – $1.5M | $35K | 6.1% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 126 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
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
3,155 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
3,155 Contacts Available
Unlock all JERSEY MIKE'S franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
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.
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