Own a Franchise

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 following estimated investment information is further explained in our 2019 Franchise Disclosure Document. The estimated initial investment for developing a Jersey Mike's franchise breaks down as follows:

Type of Expenditure Actual or Estimated Amounts Method of Payment When Due To Whom Payment Is To Be Made
Total $237,419 - $766,971
Initial Franchise Fee $18,500 Lump Sum On Signing of the Franchise Agreement Company
Real Estate and Construction Fee $5,000 Lump Sum On Signing Lease Company
Rent/Lease CAM/Taxes/Lease
and Utility Security Deposits
$1,073 - $19,978 Monthly Monthly Landlord
Architectural Fees $3,000 – $17,800 As Incurred As Arranged Approved Suppliers
Leasehold Improvements $136,000 - $384,419 As Arranged As Arranged Landlord or Contractors
Equipment/Furniture/Small Wares $20,997 – $132,236 As Arranged As Arranged Designated and Approved Suppliers
Initial Inventory $5,000 – $15,500 As Arranged As Arranged Designated and Approved Suppliers
Insurance $2,000 - $6,000 As Arranged As Arranged Your Insurance Company
Training $1,500 - $36,785 As Incurred As Incurred Transportation, Hotels, Restaurants, Staff Salaries
Grand Opening Advertising $12,500 Lump Sum On Signing Lease Company
Exterior Signage $4,395 - $45,684 As Arranged As Arranged Approved Suppliers
Interior Branding/Graphics $1,222 - $10,565 As Incurred As Incurred Approved Suppliers
Uniforms, Office Equipment and Supplies, TVs/Stereo
System/Security System
$1,122 - $29,496 As Incurred As Incurred Designated and Approved Suppliers
POS System $9,085 - $14,008 As Incurred As Incurred Designated Suppliers
Professional Fees (lawyer, accountant, etc.) $1,000 - $3,000 As Incurred As Incurred Accountant, Lawyer
Business Licences and Permits $25 - $500 As Incurred As Incurred Local Municipality, State
Additional Funds for 3 months $15,000 As Incurred As Incurred Approved Suppliers, Employees

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for informational purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction.