Home > Franchise For Sale > Business Opportunities > Jersey Mike’s Subs Franchise Cost, Fees & Opportunity

Jersey Mike’s Subs Franchise Cost, Fees & Opportunity

See Cities,
See States,
USA & CAN
Jersey Mike’s Subs Franchise Cost, Fees & Opportunity Jersey Mike’s Subs Franchise Cost, Fees & Opportunity Jersey Mike’s Subs Franchise Cost, Fees & Opportunity Jersey Mike’s Subs Franchise Cost, Fees & Opportunity
Jersey Mike’s Subs Franchise Cost, Fees & Opportunity
Jersey Mike’s Subs Franchise Cost, Fees & Opportunity Jersey Mike’s Subs Franchise Cost, Fees & Opportunity Jersey Mike’s Subs Franchise Cost, Fees & Opportunity Jersey Mike’s Subs Franchise Cost, Fees & Opportunity

Established

1956

Franchise Units

3133

dollar

Minimum Investment

$144,668

dollar

Franchise Fee

$18,500

dollar

Total Investment Range

$786,233

Home Based

No

Description

Jersey Mike’s Subs is a premium sub sandwich franchise known for its freshly sliced meats, cheeses, and authentic East Coast-style subs. Franchisees benefit from a strong brand, proven business model, and a loyal customer base. As a Jersey Mike’s franchise owner, you'll serve up high-quality ingredients, fast service, and a friendly atmosphere that keeps customers coming back.

Jersey Mike’s Subs is one of America’s most beloved fast-casual sub sandwich brands, known for its fresh ingredients, authentic recipes, and exceptional customer service. Founded in 1956, Jersey Mike’s has grown into a national powerhouse with over 3,133 locations and counting. This well-established brand offers a proven franchise model, strong brand recognition, and a loyal customer base.

Why Invest in Jersey Mike’s Subs?
✅ Proven Business Model – Decades of success with streamlined operations and scalable growth.
✅ Powerful Brand Equity – Trusted by millions, with a reputation for quality and consistency.
✅ Comprehensive Training & Support – Franchisees receive top-tier operational training, marketing assistance, and ongoing support.
✅ High Demand Market – The fast-casual dining sector continues to boom, and sub sandwiches are a consumer favorite.
✅ Community Focused Culture – Jersey Mike’s values local community involvement, making it more than just a business—it’s a mission.


Background

  • Founded: 1956 (as "Mike’s Subs" in Point Pleasant, New Jersey).

  • Franchising Since: 1987.

  • Founder: Peter Cancro (who bought the original single location at age 17 in 1975).

  • Active Units: 3,133 open and in development across North America.

  • Ownership Structure: Majority owned by alternative asset manager Blackstone (which acquired an 80% controlling stake in an $8 billion transaction), with minority ownership held by founder Peter Cancro and institutional co-investors.

  • Headquarters: Manasquan, New Jersey.

  • Industry Category: Quick-Service / Fast-Casual Restaurant (Submarine Sandwiches).



    Jersey Mike's has built a strong reputation by serving high-quality, freshly prepared submarine sandwiches that inspire customer loyalty and repeat visits. Its straightforward business model, efficient operations, and manageable staffing requirements make it an attractive franchise opportunity for entrepreneurs looking to enter the quick-service restaurant industry.

    Each Jersey Mike's location is designed to deliver an engaging customer experience. Guests enjoy watching sandwiches made fresh to order in a welcoming environment where friendly service and quality ingredients take center stage. The focused menu simplifies day-to-day operations while allowing the brand to consistently deliver the authentic flavors that customers expect.

    A defining part of the Jersey Mike's brand is its long-standing commitment to community involvement. This culture of giving began with founder Peter Cancro, who learned early in his career the importance of supporting local communities. That philosophy remains deeply embedded in the company's values, encouraging franchisees to actively participate in charitable initiatives and make a positive impact in the neighborhoods they serve.

    Backed by more than five decades of industry experience, Jersey Mike's has developed proven operating systems that support long-term franchise success. With growing consumer demand and development opportunities available in markets across the country, the brand continues to expand its footprint. Entrepreneurs seeking to invest in a recognized sandwich franchise with a loyal customer base, established business model, and strong growth potential can find a compelling opportunity with Jersey Mike's.



    Support Training

    Jersey Mike’s is celebrated within the franchise community for offering one of the most comprehensive, hands-on training regimens in the fast-casual industry.

    • Pre-Launch Site Selection & Real Estate: The internal development team assists operators with demographic analysis, traffic mapping, lease negotiations, and site approval to ensure prime real estate choices.

    • Design & Construction Guidance: Comprehensive support throughout store buildout, including approved architects, general contractors, equipment packages, and layout templates optimized for throughput.

    • Intensive Classroom & In-Store Training:

      • Duration: Approximately 360–400 hours of combined practical hands-on training and classroom instruction.

      • Location: Training takes place both in-store and at corporate training facilities in New Jersey.

      • Curriculum: Covers slicing techniques, food safety, inventory control, labor scheduling, customer service standards, and financial reporting.

    • Grand Opening On-Site Support: Field support staff deploy directly to new locations during launch week to assist with crew training, line speed management, and soft-opening operations.

    • Marketing & Local PR: Access to national advertising campaigns, centralized digital marketing, local store marketing toolkits, and structured PR support for local community tie-ins and grand opening charity drives.

    • Ongoing Operational Support: Dedicated Franchise Field Consultants conduct regular visits, performance reviews, and operational audits to help franchisees optimize margins and maintain product quality.



    Ideal Candidate

    Jersey Mike’s does not measure success purely by financial balance sheets; culture and leadership traits are evaluated just as heavily during the discovery process.

    • Leadership & People Skills: Strong operational leaders who excel at managing, mentoring, and motivating young restaurant crews in a fast-paced environment.

    • Community-Minded Orientation: Entrepreneurs who want to be active local figures, engaging with local schools, sports teams, and non-profits.

    • Business & Management Experience: Prior experience in multi-unit management, hospitality, retail, or fast-casual dining is beneficial, though a passion for operational excellence and sticking to a proven system is paramount.

    • Financial Capability:

      • Minimum Liquid Capital: $100,000

      • Minimum Net Worth: $300,000

    • Location & Growth Ambition: Candidates open to developing single or multi-unit territories in high-density suburban strips, power centers, end-caps with drive-thrus, or high-foot-traffic urban spaces.



    Financial Detail

    The financial estimates below reflect figures outlined in Jersey Mike’s recent Franchise Disclosure Documents (FDD) and market averages for traditional restaurant footprints.

    Financial CategoryEstimated Amount / Fee structure
    Initial Franchise Fee$18,500 per location
    Total Investment Range$144,668 - $786,233
    Minimum Liquid Capital Required           $100,000
    Minimum Net Worth Required$300,000
    Real Estate & Construction Fee$5,000
    Grand Opening Advertising Budget      $12,500
    Working Capital (3 Months)$15,000
    Royalty Fee6.5% of weekly gross receipts
    Corporate Advertising Fund1.0% of weekly gross receipts
    National Media Fund4.0% of weekly gross receipts
    Average Unit Volume (AUV)~$1,338,874 annual revenue per store



    Also you may like

    Los VerdesFranchise for Sale - Latin Street Food

    $300,000

    Ja Ramen Restaurant Franchise Opportunities

    $250,000

    Sub Zero Nitrogen Ice Cream Franchise Opportunity

    $50,000


    This site is protected by Google reCAPTCHA

    This site is protected by Google reCAPTCHA