1851

LAST UPDATED: February 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.

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

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

Seniors Helping Seniors®

Photo of two people, with white hair, sitting on couch, smiling at each other

Seniors Helping Seniors® In-Home Care Services Expands in Manassas and Fredericksburg, Virginia

seniors-helping-seniors-in-home-care-services-expands-in-manassas-and-fredericksburg-virginia

BooXkeeping

Tech-Driven Bookkeeping: How BooXkeeping Franchisees Are Embracing the Future

tech-driven-bookkeeping-how-booxkeeping-franchisees-are-embracing-the-future

Fitness Premier

Fitness Premier's State-of-the-Art Facilities and Multi-Discipline Approach Fuels Franchise Owner Success

fitness-premiers-state-of-the-art-facilities-and-multi-discipline-approach-fuels-franchise-owner-success

Melting Pot

Melting Pot 50th anniversary photo, featuring three people enjoying celebratory drinks and fondue

Melting Pot Celebrates 50 Years of Fondue Magic With a Year of Special Menus, New Offerings and Unforgettable Moments

melting-pot-50th-anniversary-fondue-celebration

Filta Environmental Kitchen Solutions

Kathy Turner: The Filta Franchisee Keeping LA's Kitchens Cooking (and Green)

kathy-turner-the-filta-franchisee-keeping-las-kitchens-cooking-and-green

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 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

Yum! Brands CEO David Gibbs To Retire in 2026 After 36 Years With the Company

yum-brands-ceo-david-gibbs-to-retire-in-2026-after-36-years-with-the-company

Hooters Bankruptcy - Chapter 11 - April 2025 - 1851 Franchise

Hooters Files for Bankruptcy, Sells Restaurants to Franchisee Group

hooters-bankruptcy-chapter-11-april-2025

Fly Dance Fitness Expands With First Franchise Location in Georgia

fly-dance-fitness-franchise-expansion

&pizza - Fast-Casual Pizza Chain Begins Franchising - 1851 Franchise

&pizza Embraces Franchising To Fuel Bold New Growth Strategy

andpizza-franchising-ceo-mike-burns

CFOs See Recession as Likely in ’25; Why Now Is the Time To Water the Franchise Buyer Seeds

cfos-see-recession-as-likely-in-25-why-now-is-the-time-to-water-the-franchise-buyer-seeds

Franchise Deep Dive: Studio Pilates Franchise Costs, Fees, Profit and Data

franchise-deep-dive-studio-pilates-franchise-costs-fees-profit-and-data

Franchise Deep Dive: The UPS Store Franchise Costs, Fees, Profit, and Data

franchise-deep-dive-the-ups-store-franchise-costs-fees-profit-and-data

Lindora’s New President Discusses Franchise Growth and the Future of Health and Wellness

lindoras-new-president-discusses-franchise-growth-and-the-future-of-health-and-wellness

SoBol’s President and COO Shares Growth Journey and Franchise Vision

sobols-president-and-coo-shares-growth-journey-and-franchise-vision

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025 - 1851 Franchise

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025

paris-baguette-ranks-among-top-franchises-on-entrepreneurs-franchise-500-for-2025

Florida Franchisee Reflects on Success and Growth with Sylvan Learning

florida-franchisee-reflects-on-success-and-growth-with-sylvan-learning

Military Veteran and Craft Beer Enthusiast to Bring Voodoo Brewing Co. to Toledo, Ohio

military-veteran-and-craft-beer-enthusiast-to-bring-voodoo-brewing-co-to-toledo-ohio

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

MORE STORIES LIKE THIS