Jersey Mike's Submarines & Salads
Jersey Mike's Submarines & Salads
1973 Hwy. 34, # E 21
Wall, NJ 07719
800#: (800) 321-7676
Tel: (732) 282-2323
Fax: (732) 282-2233
E-Mail: [email protected]
Web Site: www.jerseymikes.com
Contact: Mr. Ed Yancey, Jr.,
JERSEY MIKE'S is a submarine sandwich franchise company which prides itself on producing the freshest submarine sandwich in the industry. They bake bread daily in the store. Roast beefs are cooked on premises and meats and cheeses are sliced in front of the customer. Awards include 'Best Sub' in Nashville, Charlotte, RTP, Wilmington, Greenville and Ocean/Monmouth, NJ.
Franchisor Background
Established: 1956
First Franchise: 1986
Franchise Units: 235
Company-Owned Units: 5
Total Units: 240
Distribution:
U.S. -- 240;
Canada -- 0;
International -- 0
-North America -- Operations in 13 States
-States/Provinces with Greatest Density: 83 in NC, 25 in OH, 15 in TN
Projected New Units Over Next 12 months: NR
Franchisee Qualifications: , , , , ,
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Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 7 FT, 8 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,500 SF; FS, SC
(Click here for abbreviations)
Encourage Conversion: NR
Financial Requirements
Cash Investment: $NR
Total Investment: $150-200K
Average Total Investment: $175.0K
Minimum Net Worth: $NR
Fees:
-Franchise: $18.5K
-Average Franchise Fee: $18.5K
-Royalty: 5.5%
-Average Royalty: 5.5%
-Advertising: 3.5%
Provide Earning Claim Statement: NR
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: NR
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: NR
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 30
On-Going Support: B,C,D,E,G,H,I (Click here for an explanation)
Training: 3-4 Weeks Nashville, TN.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: NR
Overseas: NR
Note: NR = No Response by Franchisor.
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