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Jersey Mike's Subs
Franchise Opportunity
Jersey Mike's Subs is a leading fast-casual restaurant franchise specializing in authentic, high-quality submarine sandwiches. Known for its freshly baked bread, premium ingredients, and commitment to customer service, the franchise offers a unique and flavorful dining experience. With a strong focus on community involvement and rapid expansion, Jersey Mike's has positioned itself as a top choice for franchise investors in the food and beverage sector.
Jersey Mike's Subs started in 1956 in Point Pleasant, New Jersey, with a single neighborhood sandwich shop. Over the decades, it has grown into a global franchise network, recognized for its high-quality products and loyal customer base.
- Strong Heritage:Â Over 65 years of industry experience.
- Global Footprint:Â Operates more than 3,500 locations worldwide.
- Community Focus:Â Active involvement in local communities through charity and sponsorship programs.
- Authentic Menu:Â Renowned for fresh, made-to-order subs.
Jersey Mike's emphasizes its brand values of quality, community, and service, distinguishing itself from competitors.
- Premium Ingredients:Â Freshly baked bread, premium meats, and locally sourced produce.
- Signature Preparation:Â "Mike's Way" includes onions, lettuce, tomatoes, red wine vinegar, olive oil, and spices.
- Customer Loyalty:Â Strong following due to consistent quality and unique offerings.
- Brand Reputation:Â Regularly ranked among the top sandwich franchises in industry reports.
Investing in a Jersey Mike's franchise involves various financial commitments to ensure successful operations.
- Initial Franchise Fee:Â Ranges from $18,500 to $35,000.
- Total Initial Investment:Â Estimated between $194,035 and $954,611.
- Royalty Fees:Â 6% of gross sales.
- Marketing Fund Contribution:Â 5% of gross sales for national and local campaigns.
Initial Franchise Fee
$18,500 - $35,000
Varies based on location and franchise type.Total Initial Investment
$194,035 - $954,611
Includes real estate, equipment, and operational costs.Royalty Fees
6%
Percentage of gross sales payable monthly.Minimum Cash on Hand Required
$100,000
Must be liquid and readily available.Net Worth Required
$300,000
Includes all personal and business assets.Part-Time / Full-Time
Full-Time
Requires dedicated involvement for successful operations.Jersey Mike's Subs has aggressive expansion plans, focusing on prime markets in North America and internationally.
- High-Demand Regions:Â U.S., Canada, and Mexico.
- Flexible Location Types:Â Ideal for malls, shopping centers, and standalone buildings.
- Area Developer Opportunities:Â Available for qualified investors.
Jersey Mike's provides comprehensive training and support to ensure franchisee success.
- Initial Training Program:Â Covers operations, marketing, and management.
- Ongoing Support:Â Includes field visits and operational reviews.
- Marketing Assistance:Â National advertising campaigns and local promotional materials.
- Technology Tools:Â State-of-the-art POS and analytics systems.
Jersey Mike's offers a profitable business model, backed by consistent revenue growth.
- Strong ROI:Â High revenue potential with a proven business model.
- Loyal Customer Base:Â Ensures repeat business and steady growth.
- Industry Trends:Â Substantial growth in fast-casual dining market.
- Success Stories:Â Many franchisees operate multiple units.
Jersey Mike's seeks franchisees with a passion for hospitality and community.
- Entrepreneurial Spirit:Â Ability to manage operations effectively.
- Community Involvement:Â Commitment to giving back through local events.
- Customer Focus:Â Ensures high-quality service.
- Financial Stability:Â Meets initial investment requirements.
Jersey Mike's offers multiple benefits that make it an attractive franchise opportunity.
- Proven Brand:Â Strong market presence and customer loyalty.
- Comprehensive Support:Â Extensive training and operational assistance.
- Flexible Model:Â Suitable for diverse locations and demographics.
- Growth Opportunities:Â Multi-unit and area developer options available.
Potential franchisees should consider these challenges before investing.
- High Competition:Â Saturation in the fast-casual dining sector.
- Initial Costs:Â Significant upfront investment required.
- Operational Demands:Â Long hours and hands-on management.
- Market Penetration:Â Need for strategic marketing in competitive regions.
Jersey Mike's Subs combines quality products, a proven business model, and strong support to create an excellent franchise opportunity. With its rich history, innovative approach, and commitment to community, the brand stands out as a top choice for investors in the food and beverage industry.