Jersey Mike's Real Estate Opportunity

Requirements for a Jersey Mike's Location

Space Requirements

Power 200 AMP 120/208 three phase or 120/208 single phase electrical service to panel box in the store
HVAC One ton of HVAC per 150 square feet
Natural Gas Service, including meter, to the premises
Fire Protection to code
Plumbing Two ADA bathrooms, ideally located to Jersey Mike’s plans
Grease interceptor or trap, as per local code

Location Criteria

Size 1200-1800 square feet
Frontage 20’ minimum
Parking 12 spots per 1000 square feet, 15 minimum
Signage Jersey Mike’s standard sign to max size per code. For end cap locations, two signs preferred
Outside seating Outside seating strongly preferred, shared space is acceptable
Store location Shared pads or outparcels and end-caps preferred; in-line with good visibility from the street is acceptable
Accessibility Full turn access from both main and side arteries
Co-tenancy Dominant grocer in market, office supply and convenience users, full price retailers, other quick casual and high end QSR users a plus

Trade Area Criteria

Total population Overall population in trade area of 45k+
Daytime population 10k+ daytime workers in trade area
Median income Above average median income ($50k+) in trade area
Age strong concentration of 25-54 year old population
Occupation strong mix of white collar and service professionals
Traffic count 25k+ vehicles per day on main artery

Location Types

First ring suburban centers strong mix of office and residential population, heavy destination and convenience retail. Large regional draw
Second ring suburban centers heaviest residential density, some daytime, heavy concentration of convenience retail
Second ring urban dense urban neighborhoods, strong residential and office population, street front and shopping center locations
Urban/CBD heaviest concentration of office population, some residential population a plus. Street front locations

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