Jersey Mike's Subs
- Jersey Mike's Franchise Systems, Inc.
2251 Landmark Pl.
Manasquan, NJ 8736
-
(800) 321-7676
/
(732) 223-4044
- (732) 223-0777 (Fax)
JERSEY MIKE'S is a submarine sandwich franchise company which is voted "Best Sub" in virtually every market served. They have stayed true to their original recipes to serve premium quality authentic subs. They bake bread daily in the store. Roast beefs are cooked on premises. Meats and cheeses are sliced in front of the customer and the subs are topped with fresh sliced onions, lettuce, tomatoes, with red wine vinegar, olive oil and spices. The company's mission is to bring its customers the highest quality, freshest made sub in the industry and give back to the communities in which it operates. **Note: Operating Units figures are as of year end 2008 - FDD
Franchisor Background
Year Established: 1956
Franchising Since: 1986
Operating Units
| Franchised Units |
479 |
95.6% |
| Company-Owned Units |
22 |
4.4% |
| Total Operating Units |
501 |
100% |
Geographic Distribution
| USA |
400 |
100.0% |
In 27 States
|
| Canada |
0 |
0.0% |
In 0 Provinces
|
| International |
0 |
0.0% |
In 0 Foreign Countries
|
| Total |
400 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| North Carolina |
89 |
| California |
34 |
| Ohio |
34 |
Registered in the following Registration States
(not registered in any registration states)
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Support and Training
General Information
| IFA Member |
No |
| CFA Member |
No |
| Franchisee Association? |
No |
| Size of Corporate Staff |
50 |
Site Selection
Assistance |
Yes |
| Lease Negotiation Assistance |
Yes |
| Financial Assistance |
No |
Marketing Support
| Co-Op Advertising |
Yes |
| National Advertising |
Yes |
| Regional Advertising |
No |
| Local Advertising |
Yes |
Ongoing Support
| Central Data Processing |
N/A |
| Central Purchasing |
N/A |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
Included |
| Inventory Control |
N/A |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
N/A |
Training
| Regionally and at Home Office |
8-12 Weeks |
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Financial Requirements
Investment
| Minimum Net Worth |
N/A |
| Cash Investment |
N/A |
| Total Investment |
$161.6-418.4K |
| Average Total Investment |
$290K |
Fees
| Initial Franchise Fee |
$18.5K |
| Average Franchise Fee |
$18K |
| On-Going Royalty |
6.50% |
| Average Royalty |
6% |
| Advertising Fee |
3.50% |
Site Information and Requirements
| Average Number of Full-Time Employees |
7 |
| Average Number of Part-Time Employees |
8 |
| Space Needs (in square feet) |
1,500
|
| Preferred Site Types |
Free Standing Building, Strip Center
|
| Encourages Conversions |
No |
| Item 19 (Earnings Claim) Provided? |
No |
| Listed in the SBA Registry? |
No |
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Franchisee Qualifications
| Financial Net Worth |
N/A |
| General Business Experience |
N/A |
| Specific Industry Experience |
N/A |
| Formal Education |
N/A |
| Psychological Profile |
N/A |
| Personal Interviews |
N/A |
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Terms of Contract
| Term of Initial Contract |
10 |
| Term of Renewal Period |
10 |
| Passive Ownership? |
Not Allowed |
Area Development
Agreements? |
Yes, for 0 years
|
Sub-Franchisor
Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
| Projected New Units Over Next 12 Months |
N/A |
| USA |
Yes, All United States |
| Canada |
No |
| Overseas |
No |
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