1851

LAST UPDATED: April 2025FRANCHISE WEBSITE:&nbsp;<a href="https://www.jerseymikes.com/franchise?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-jersey-mikes-franchise-costs-fees-profit-and-data-2720908" target="_blank" rel="nofollow">https://www.jerseymikes.com/franchise</a>&nbsp;NUMBER OF LOCATIONS:&nbsp;3,000+REPORTED COST TO GET IN:&nbsp;$203,583 - $1,317,005&nbsp;&nbsp;REPORTED ROI (Item 19):&nbsp; $1,302,781 (average unit volume)<a href="https://www.jerseymikes.com/franchise?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-jersey-mikes-franchise-costs-fees-profit-and-data-2720908" target="_blank" rel="nofollow">Jersey Mike’s</a> is a fast-casual sub sandwich franchise known for its fresh, high-quality ingredients and signature “Mike’s Way” toppings, which include onions, lettuce, tomatoes, vinegar, oil and spices. Jersey Mike’s differentiates itself with its freshly sliced meats, cheeses, and fresh-baked bread, as well as its commitment to customer service and community involvement.&nbsp;<h2>How Many Jersey Mike’s Are There?</h2>Founded in 1956 in Point Pleasant, New Jersey, Jersey Mike’s has grown to over 3,000 locations nationwide.&nbsp;<h2>What Is Jersey Mike’s Business Model?</h2>Jersey Mike’s business model requires franchisees to purchase specific brands and products for restaurant use, including types of food and beverage preparation, dispensing, storage and display equipment, cash registers, fixtures, interior and exterior signs and decorating accessories.&nbsp;The brand’s website also lists real estate requirements for franchises:<ul><li>Size:&nbsp;1,200-1,800 square feet</li><li>Frontage: 20’ minimum</li><li>Parking:&nbsp;12 spots per 1,000 square feet, 15 minimum</li><li>Signage:&nbsp;Jersey Mike’s standard sign to max size per code. For end cap locations, two signs preferred</li><li>Outside Seating:&nbsp;Outside seating strongly preferred, shared space is acceptable</li><li>Store Location: Shared pads or outparcels and end-caps preferred; in-line with good visibility from the street is acceptable</li><li>Accessibility:&nbsp;Full turn access from both main and side arteries</li><li>Co-tenancy:&nbsp;Dominant grocer in market, office supply and convenience users, full-price retailers, other quick casual and high-end QSR users a plus</li></ul><h2>How Much Can Jersey Mike’s Franchise Owners Make?</h2>The following represents the Unit Volume reported by franchisees in the 12-month period from January 1, 2023 through December 31, 2023.&nbsp;<figure class="table"><table><tbody><tr><td>Average</td><td>High</td><td>Median</td><td>Low</td></tr><tr><td>$1,302,781</td><td>$3,793,060</td><td>$1,272,804&nbsp;</td><td>$492,695</td></tr></tbody></table></figure><h2>How Much Does It Cost to Open a Jersey Mike’s?</h2>The total estimated initial investment ranges from $203,583 to $1,317,005. Below is a breakdown of the costs:&nbsp;<figure class="table"><table><tbody><tr><td>Type of Expenditure</td><td>Min</td><td>Max</td></tr><tr><td>Initial Franchise Fee</td><td>$18,500</td><td>$18,500</td></tr><tr><td>Real Estate &amp; Construction Fee</td><td>$5,000&nbsp;</td><td>$5,000&nbsp;</td></tr><tr><td>Rent/Lease, CAM/Taxes/Lease andUtility Security Deposits</td><td>$0</td><td>$57,069</td></tr><tr><td>Architectural Fees</td><td>$2,125</td><td>$25,979</td></tr><tr><td>Leasehold Improvements</td><td>$101,200</td><td>$586,363</td></tr><tr><td>Equipment/Furniture/Small Wares</td><td>$27,991</td><td>$243,152&nbsp;</td></tr><tr><td>Initial Inventory</td><td>$2,698</td><td>$37,850</td></tr><tr><td>Insurance</td><td>$1,000</td><td>$9,800</td></tr><tr><td>Training</td><td>$1,000</td><td>$68,000</td></tr><tr><td>Grand Opening Advertising</td><td>$12,500&nbsp;</td><td>$12,500&nbsp;</td></tr><tr><td>Exterior Signage</td><td>$2,145</td><td>$52,978</td></tr><tr><td>Interior Branding/Graphics</td><td>$1,610&nbsp;</td><td>$14,470</td></tr><tr><td>Uniforms, Office Equipment &amp; Supplies, TVs/Stereo System/Security System</td><td>$1,000&nbsp;</td><td>$70,639</td></tr><tr><td>POS System</td><td>$5,064</td><td>$29,598</td></tr><tr><td>POS System Connection to Private Network</td><td>$4,000</td><td>$4,000</td></tr><tr><td>POS License Fee</td><td>$2,000</td><td>$4,000</td></tr><tr><td>Professional Fees</td><td>$250</td><td>$34,107</td></tr><tr><td>Business Licenses &amp; Permits</td><td>$500&nbsp;</td><td>$28,000</td></tr><tr><td>Additional Funds (3 months)</td><td>$15,000</td><td>$15,000</td></tr></tbody></table></figure><h2>What Is the Franchise Fee for Jersey Mike’s?</h2>The franchise fee is $18,500, payable upon signing the franchise agreement.<h2>Who Is the Leadership of Jersey Mike’s?</h2><ul><li>Peter Cancro — CEO/Founder</li><li><a href="https://www.linkedin.com/in/mike-manzo-89a7549/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-jersey-mikes-franchise-costs-fees-profit-and-data-2720908" target="_blank" rel="nofollow">Mike Manso — COO</a></li><li><a href="https://www.linkedin.com/in/walter-tombs-18003ba/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-jersey-mikes-franchise-costs-fees-profit-and-data-2720908" target="_blank" rel="nofollow">Walter Tombs — CFO</a></li><li>Hoyt Jones — President</li><li><a href="https://www.linkedin.com/in/rich-hope-29397711/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-jersey-mikes-franchise-costs-fees-profit-and-data-2720908" target="_blank" rel="nofollow">Richard Hope — CMO</a></li></ul><h2>What Helpful Articles Can I Read to Learn More About Jersey Mike’s?</h2><ul><li><a href="https://1851franchise.com/how-jersey-mikes-was-built-to-grow-2713738">How Jersey Mike's Was Built to Grow</a></li><li><a href="https://1851franchise.com/how-much-does-it-cost-to-open-a-jersey-mikes-franchise-2725054">How Much Does it Cost to Open a Jersey Mike's Franchise?</a></li><li><a href="https://1851franchise.com/jersey-mikes-hits-3000-locations-amid-unprecedented-growth-2728166#stories">Jersey Mike’s Hits 3,000 Locations Amid Unprecedented Growth</a></li><li><a href="https://1851franchise.com/blackstone-acquires-majority-stake-in-jersey-mikes-signaling-ambitious-growth-plans-2727945#stories">Blackstone Acquires Majority Stake in Jersey Mike's, Signaling Ambitious Growth Plans</a></li><li><a href="https://1851franchise.com/franchise-influencers-peter-cancro-founder-and-ceo-jersey-mikes-2721307#stories">Franchise Influencers: Peter Cancro, Founder and CEO, Jersey Mikes</a></li></ul>Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.&nbsp;Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="http://www.1851growthclub.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-jersey-mikes-franchise-costs-fees-profit-and-data-2720908" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey.Disclaimer: This content is for information only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.&nbsp;All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Franchise Deep Dive: Jersey Mike’s Franchise Costs, Fees, Profit and Data

1851 Franchise

Franchise Opportunity Deep Dive: Jersey Mike’s is a fast-casual sandwich franchise known for its fresh, high-quality ingredients, signature “Mike’s Way” toppings. 

Jersey Mike's Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-jersey-mikes-franchise-costs-fees-profit-and-data

Layne's Chicken Fingers

image of laynes chicken finger restaurant with 4 hands holding cups in the air to celebrate 

 Layne’s Chicken Fingers Crosses Mid-Year Mark With 11 New Restaurants Opened, Including the First Time the Brand has Seen Two Openings on the Same Day on July 14

laynes-chicken-franchise-growth-2025

HomeTeam Inspection Service

image of an employee from home team checking an outlet with an ipad

HomeTeam Inspection Service Franchise Owners Diversify Income With Multi-Service Model

hometeam-inspection-service-revenue-streams

Right at Home

image of jennifer selden right at home franchisee for a webinar with nick powills

Right at Home Franchise Owner Jennifer Selden To Share Franchise Journey, Sparked by Personal Care Experiences

jennifer-selden-right-at-home-franchise-journey-webinar

Paris Baguette Canada

image of a paris baguette bakery cafe latte with delicious food, croissants, and pastries

What Paris Baguette Franchisees Have To Say About Their Experiences

paris-baguette-franchise-canada-eric-chang

image of right at home franchisee gregory brewer for a webinar with nick powills

Gregory Brewer To Share 20-Year Franchise Journey With Right at Home in Upcoming Webinar

gregory-brewer-right-at-home-franchise-winston-salem-webinar

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

AI Is Reshaping Franchising: $100 Billion Valuations and Hyper-Localized Advertising

ai-is-reshaping-franchising-100-billion-valuations-and-hyper-localized-advertising

Mega Franchisee Sizzling Platter Acquired by Bain Capital

mega-franchisee-sizzling-platter-acquired-by-bain-capital

Wendy's CEO Kirk Tanner Steps Down - Breaking News - 1851 Franchise

Wendy’s CEO Kirk Tanner Steps Down Amid Challenges, Leaving Franchisees Facing Uncertainty

wendys-ceo-transition-kirk-tanner-franchisee-uncertainty

"Come in, We're OPEN" sign against abstract background

Small Business Optimism Dips, Raising Concerns for Franchise Owners

small-business-optimism-dips-raising-concerns-for-franchise-owners

Photo of Roof Scientist truck and trailer

Roof Scientist Expands Into Northern Indianapolis as Entrepreneur Dale Speckman Launches New Business in Fishers

roof-scientist-expands-into-northern-indianapolis

Unlocking Superpowers: How KidStrong Is Building the Next Generation of Confident Kids — and Thriving Franchise Owners

kidstrong-franchise-confident-kids

Jollibee -Launch-Story-Brand-Page-Deep-Dive-2025

Jollibee Franchise Costs, Fees, Profit and Data for 2025

jollibee-franchise-costs-fees-profit-and-data-for-2025

Picture of kids for franchise business Kidstrong which focuses on child development and fitness

KidStrong Is Pediatrician-Recommended for Raising Confident, Capable Kids and Families Can't Get Enough

kidstrong-child-development-program

Image of a kid growing up, developing with kidstrong, high fiving and smiling. 

How KidStrong has Become the Franchise Disrupting Child Development by Partnering with Purpose-Driven Franchise Owners 

kidstrong-franchise-opportunity-child-development

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores - Agg - 1851 Franchise

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores

hooters-franchise-model-company-owned-closures

Blending Tech, Hospitality and Health Care: How Three Women From Different Worlds Came Together to Build a Paris Baguette Franchise

paris-baguette-franchise-flower-mound-texas

The Ultimate Guide to Selling Franchises: How To Create a Strong Incentive

how-to-build-strong-incentives-to-attract-prospective-franchisees

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

Sola Salons Franchisee Grows Salon Freedom Into a Multi-State Powerhouse 

Jersey Mike's Franchise Costs, Fees, Profit and Data for 2025

MORE STORIES LIKE THIS