Jersey Mike's Sub Sandwich Franchise Opportunity

Investment

Total Investment

There is a wide range for an individual franchise. Your initial investment may vary depending on numerous factors, including the condition of the premises, the amount of construction performed by the landlord, geographic areas and your capabilities. The estimated initial investment for developing a Jersey Mike's franchise breaks down as follows:

In 2013, the total initial investment necessary to begin operations of a Jersey Mike's franchised restaurant ranged from $214,117 - $640,509. This amount is further explained in our 2014 FDD.

Expenditure Type Actual or Estimated Amounts Payment Method When Due To Whom
Total $214,117 - $640,509
Initial Franchise Fee $18,500 Lump Sum On Signing of the Franchise Agreement Company
Rent/Lease CAM/Taxes $5,949 – $67,793 Monthly Monthly Landlord
Lease and Utility Security Deposits $4,000 - $20,000 As Arranged Before Opening Landlord and Utility Companies
Architectural Fees $3,225 – $12,217 As Incurred As Arranged Approved Suppliers
Leasehold Improvements $78,870 - $287,700 As Arranged As Arranged Landlord or Contractors
Equipment/Furniture/Small Wares $41,470 – $114,727 As Arranged As Arranged Designated and Approved Suppliers
Initial Inventory $8,000 – $14,500 As Arranged As Arranged Designated and Approved Suppliers
Insurance $2,000 - $6,000 As Arranged As Arranged Your Insurance Company
Training $9,000 - $24,500 As Incurred As Incurred Transportation, Hotels, Restaurants, Staff Salaries
Grand Opening Advertising $7,500 Lump Sum On Signing Lease Company
Exterior Signage $3,500 - $16,816 As Arranged As Arranged Approved Suppliers
Interior Branding/Graphics $3,468 - $7,687 As Incurred As Incurred Approved Suppliers
Uniforms, Office Equipment and Supplies $3,000 - $8,000 As Incurred As Incurred Designated and Approved Suppliers
POS System $7,635 - $11,569 As Incurred As Incurred Designated Suppliers
TVs/Stereo System/Security System $3,000 - $8,000 As Incurred As Incurred Approved Suppliers
Additional Funds for 3 months $15,000 As Incurred As Incurred Approved Suppliers, Employees

FOR THE STATE OF NEW YORK: This advertisement is not an offering. An offering can be made only by a prospectus filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law. IN MINNESOTA: Minnesota Registration Number F-5389. Jersey Mike’s Franchise Systems, Inc., 2251 Landmark Place, Manasquan, NJ 08736

"Jersey Mikeʼs Subs," "Jersey Mikeʼs," and "Mikeʼs Way" are registered trademarks of Jersey Mikeʼs Franchise Systems, Inc.

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"Jersey Mike’s Subs," "Jersey Mike’s," and "Mike’s Way" are registered trademarks of Jersey Mike’s Franchise Systems, Inc.