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 2016 Franchise Disclosure Document.

The estimated initial investment for developing a Jersey Mike's franchise breaks down as follows:

Expenditure Type Amounts* Payment Method When Due To Whom
Total $177,943 - $592,851.62
Initial Franchise Fee $18,500 Lump Sum On Signing of the Franchise Agreement Company
Rent/Lease CAM/Taxes/Lease
and Utility Security Deposits
$2,025 - $30,248.66 Monthly Monthly Landlord
Architectural Fees $2,038 – $22,000 As Incurred As Arranged Approved Suppliers
Leasehold Improvements $84,250 - $258,864.22 As Arranged As Arranged Landlord or Contractors
Equipment/Furniture/Small Wares $31,420 – $116,468 As Arranged As Arranged Designated and Approved Suppliers
Initial Inventory $3,000 – $20,593.86 As Arranged As Arranged Designated and Approved Suppliers
Insurance $2,000 - $6,000 As Arranged As Arranged Your Insurance Company
Training $400 - $35,000 As Incurred As Incurred Transportation, Hotels, Restaurants, Staff Salaries
Grand Opening Advertising $12,500 Lump Sum On Signing Lease Company
Exterior Signage $975 - $19,281 As Arranged As Arranged Approved Suppliers
Interior Branding/Graphics $445 - $5,110 As Incurred As Incurred Approved Suppliers
Uniforms, Office Equipment and Supplies, TVs/Stereo
System/Security System
$4,805 - $19,550 As Incurred As Incurred Designated and Approved Suppliers
POS System $585 - $13,735.88 As Incurred As Incurred Designated Suppliers
Additional Funds for 3 months $15,000 As Incurred As Incurred Approved Suppliers, Employees

*Actual or Estimated

The actual total initial investment necessary to begin operation of an individual Jersey Mike's Franchised Restaurant based on our experience from the opening of 195 Restaurants in the Jersey Mike’s system in 2015 was $201,357 – $471,164.50. The average cost to open a Restaurant in 2015, based on these 195 Restaurants was $318,916 and the median cost to open a Restaurant in 2015, based on these 195 Restaurants was $317,539. These numbers do not include two licensed, non-traditional restaurants opened on university campuses in New Jersey. Your initial investment may vary depending on numerous factors, including the condition and square footage of the Premises, the amount of construction performed by the landlord, impact fees, geographic areas and your capabilities.


This advertisement is not an offering. An offering can be made only through our Franchise Disclosure Document. If you would like to receive a copy of our Franchise Disclosure Document, please click the "Get Started" link.

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