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 2020 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 $169,001 - $804,045
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
$0 - $42,009 Monthly Monthly Landlord
Architectural Fees $1,100 – $17,892 As Incurred As Arranged Approved Suppliers
Leasehold Improvements $92,529 - $339,567 As Arranged As Arranged Landlord or Contractors
Equipment/Furniture/Small Wares $9,250 – $126,709 As Arranged As Arranged Designated and Approved Suppliers
Initial Inventory $2,000 – $26,925 As Arranged As Arranged Designated and Approved Suppliers
Insurance $2,000 - $12,000 As Arranged As Arranged Your Insurance Company
Training $1,200 - $49,974 As Incurred As Incurred Transportation, Hotels, Restaurants, Staff Salaries
Grand Opening Advertising $12,500 Lump Sum On Signing Lease Company
Exterior Signage $2,210 - $30,089 As Arranged As Arranged Approved Suppliers
Interior Branding/Graphics $2,087 - $31,698 As Incurred As Incurred Approved Suppliers
Uniforms, Office Equipment and Supplies, TVs/Stereo
System/Security System
$1,021 - $45,875 As Incurred As Incurred Designated and Approved Suppliers
POS System $4,079 – $14,184 As Incurred As Incurred Designated Suppliers
Professional Fees (lawyer, accountant, etc.) $500 - $15,623 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.