Investment
| TYPE OF EXPENDITURE | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE | ACTUAL OR ESTIMATED AMOUNTS |
|---|---|---|---|---|
| Initial Franchise Fee | Lump Sum | On Signing of the Franchise Agreement | Franchisor | $18,500 |
| Rent/Lease CAM/Taxes/Lease and Utility Security Deposits | Monthly | Monthly | Landlord | $0-$67,709 |
| Architectural Fees | As Incurred | As Arranged | Approved Suppliers | $2,389 - $28,796 |
| Leasehold Improvements | As Arranged | As Arranged | Landlord or Contractors | $110,000 - $762,064 |
| Equipment/Furniture/Small Wares | As Arranged | As Arranged | Designated and Approved Suppliers | $28,961 - $152,550 |
| Initial Inventory | As Arranged | As Arranged | Designated and Approved Suppliers | $4,200 - $27,465 |
| Insurance | As Arranged | As Arranged | Your Insurance Company | $1,000 - $13,829 |
| Training | As Incurred | As Incurred | Transportation, Hotels, Restaurants, Staff Salaries | $2,000 - $86,400 |
| Grand Opening Advertising | Lump Sum | On Signing Lease | Franchisor | $12,500 |
| Exterior Signage | As Arranged | As Arranged | Approved Suppliers | $2,370 – $53,100 |
| Interior Branding/Graphics | As Incurred | As Incurred | Approved Suppliers | $3,074 - $14,684 |
| Uniforms, Office Equipment, and Supplies, TVs/Stereo System/Security System | As Incurred | As Incurred | Designated and Approved Suppliers | $3,258 - $38,531 |
| POS System | As Incurred | As Incurred | Designated Suppliers | $2,085 - $17,452 |
| POS System Connection to Private Network | As Incurred | Prior to Opening | Franchisor | $3,000 |
| Professional Fees | As Incurred | As Incurred | Accountant, Solicitor | $800 - $18,000 |
| Business Licenses and Permits | As Incurred | As Incurred | Local Municipality, State | $312 - $18,000 |
| Additional Funds for 3 months | As Incurred | As Incurred | Approved Suppliers, Employees | $15,000 |
| Total: $209,449 - $1,347,580 | ||||
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.
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-9229 Jersey Mike’s Franchise Systems - 2251 Landmark Place, Manasquan, NJ 08736
*$1.2 million Average Unit Volume (for traditional locations). Please refer to Item 19 of our Franchise Disclosure Document for complete numbers and information.