This company is currently active . Such as territory rights and financing for the franchise fee. There may be reasons for defaulting on a business acquisition loan other than a lack of financial performance from the franchise; however, we think a high default rate, especially over a 10-year period of time, is at least a red flag to be considered. One of the negatives is that the company will not offer any refunds for any reason. Meaning that it’s possible that too many previous owners closed down due to unforeseen circumstances, or they just decided on not renewing. It is classified as operating in the Full-Service Restaurants industry. That’s a total growth of 829 outlets in only 7 years! Your email address will not be published. Read more Uniforms, equipment and supplies etc is estimated at $1,122 to $29,496, POS system falls within $9,085 to $14,008, professional fees (accountant & lawyers) ranges from $1,000 to $3,000.eval(ez_write_tag([[300,250],'startupback_com-box-4','ezslot_6',146,'0','0'])); You’ll need to get business permits & licenses which will cost anywhere from $25 to $500, plus additional funds about $15,000 for 3 months. Hear testimonials from Jersey Mike's franchisees. To be exact, the franchise fee for this company starts at $18,500. In 1972, a high school kid named Peter Cancro took a job there and loved the authentic submarine sandwiches. There are also equipment,furniture & small wares that cost between $20,997 to $132,236. In total, you might be investing anywhere from $178,000 to $747,000. Cost for initial inventory ranges from $5,000 to $15,000 while insurance starts at $2,000 to $6,000. Franchise Facts Jersey Mike's Subs offers a wide assortment of made-to-order submarine type sandwiches and related food products and beverages. Jersey Mike’s franchise allows for absentee ownership. Delivering Quality Subs & A Quality Opportunity, Bambu Desserts & Drinks Franchise Cost & Profit Opportunity Review, The Habit Burger Grill Franchise Cost & Profit Opportunity Review. Others include meetings and conventions, a toll-free line and a grand opening ceremony.eval(ez_write_tag([[300,250],'startupback_com-large-leaderboard-2','ezslot_8',148,'0','0'])); Jersey Mikes helps out its franchisees by giving them all the support required to market their franchise. Heather Robinson, the lead plaintiff, is a former hourly employee who had worked for the Jersey Mike’s franchise from 2012 until July of this year. Ranked among the top 10 (#8) on the prestigious Entrepreneur Magazine’s top 500 franchise listings, this franchise opportunity is one of the best to invest in. Each Franchise Due Diligence Report involves custom research on and a complete investigation of the franchise opportunity and Jersey Mikes Franchise Systems, the franchisor that offers franchised businesses for sale. And while everyone else was offering burger and pizza joints, Mike decided that he was going to be original by opening a storefront submarine sandwich shop. Heather Robinson, the lead plaintiff, is a former hourly employee who had worked for the Jersey Mike’s franchise from 2012 until July of this year. The quick-service eateries specialize in hot and cold submarine-style sandwiches, including such staples as Jersey Mike's Famous Philly, Meatball and Cheese, and The Original Italian. Biggest mistake: Not knowing about Jersey Mike's earlier in my life because I love t… One that may not be for everyone. posted on March 25, 2019. It’s hard work, sweat, and a lot of cash investment that goes into owning this franchise business. There you have it! Jersey Mike's Franchise Systems, Inc. owns and operates a chain of sub sandwich restaurants. In 2019, Jersey Mike's Subs generated sales of around 1.34 billion U.S. dollars in the United States, up from 1.15 billion U.S. dollars the previous year. However, Jersey Mike’s franchise might decide to make some adjustments to its franchise disclosure document FDD. Jersey Mikes will help deliver GoNoodle content to kids, parents, and teachers across the country. The other possible disadvantage would be that there isn’t any recorded data on financial transparency that the company is willing to provide. Jersey Mike’s charges a franchise fee of $18,500. In fact, since 2010 over $28 million has been collected for donations. Claim Against The Franchise. A wonderful cause that means so much to the community. A young High School boy named Peter grew interested in this opportunity. Peter Cancro started working in the submarine sandwich business when he was 14 years old. Jersey Mike’s mission explains that the restaurant believes that making a sub sandwich and making a difference can be one and the same. In 1987, Peter began franchising. They are more for serving charity and the community. Our concept is simple: we provide our customers with the highest quality and freshest product available, prepared right in front of them with energy and enthusiasm. If you are ready to get started owning your own Jersey Mike's Subs franchise. One that is completely focused on store-level profitability and franchisee success. This ensures that you won’t have to be stranded as its franchisee. here's an email response i got from a current Jersey Mike's owner I am not sure about Jimmy Johns revenue, with delivery their average store gross sales might be significantly higher than Jersey Mike's. When Jersey Mike’s Subs celebrated its 55 th anniversary year in 2011, it opened its 500 th restaurant, adding 69 new locations during the year, for record unit growth of 15 percent. Training will range between $1,500 to $36,785, grand opening and advertising starts at $12,500, exterior signage will range between $4,395 to $45,684. Both of these fees are a little high, but the advertising fee is definitely higher than average. Training is an essential part of Jersey Mike’s support services. For more information visit http://www.franchising.com/jerseymikessubs/ Jersey Mike's, a fast-casual sub sandwich franchise with more than 1,500 locations open and under development nationwide, believes that making a … ). However, it’s not all charity and tasty subs. Any such changes will reflect in the FDD handed out to franchises. The royalty fee is 6.5%, while the advertising fee is at 5%. Jersey Mike's — Active member of the quick service restaurant (qsr) industry since 1956 Owning a Jersey Mike's can be a lucrative business, but it does have some initial financial requirements. I have major respect for the mission behind this establishment. The company also provides training and support to ensure that you know the ins and outs of the business. Interior branding and graphics will gulp anywhere between $1,222 to $10,565. Considering that this company is very community and charity oriented, I don’t find it hard to believe that their hearts are big enough to offer assistance. What more? Now, this is done onsite and lasts about 367 hours (approximately 15 days). Formative influences/events: My mother--a single mom who worked three jobs. How much does a Jersey Mike's Subs franchise cost? He became the 1st Baskin Robbins franchisee to become a Dunkin Donuts Multi-Unit operator with 13 franchise … Such persons will need to be trained too which might incur additional training costs.eval(ez_write_tag([[300,250],'startupback_com-leader-1','ezslot_9',149,'0','0'])); Speaking of employees, how many are required to operate a Jersey Mike’s franchise? If you’ve found this article informative, you can proceed to find out more or get started by proceeding to its online application form. There are also ongoing royalty and advertising fees that must be paid yearly based on your gross revenue. Franchise Contracts & Documentation (franchise agreements & other important franchise documents) PDF copies of the complete Jersey Mike’s franchise agreement, operations manual and other important contracts and training materials. Franchising in the food industry has its perks. This way there is no question as to how to run the business and how to live up to their original standards. The main product here is sub sandwiches which are prepared right in front of clients. Failure Rates of the 10 Most Popular Franchises What are the failure rates of the 10 most popular franchise opportunities? And everyone was soon flocking to his new and innovative storefront that sold unique sandwiches. However, some just make more sense and offer more benefits. All Jersey Mike’s locations in the USA; Annually updated with contact information for new Jersey Mike owners. Within the country, there are many franchise opportunities available. Jersey Mike’s provides comprehensive support to its franchisees through a variety of ways. This organization places wreaths on the grave sites of military veterans during the holiday season. You already know that franchising a business is a huge responsibility. The following details will help. Contains phone number, address and name of each Jersey Mikes franchisee. The Jersey Mike’s franchise specializes in the preparation of sub sandwiches. Franchise Facts Jersey Mike's Subs offers a wide assortment of made-to-order submarine type sandwiches and related food products and beverages. Payable only if … They have a vision and mission that really means something. When looking at a turnover rate, you want to see a lower number. Jersey Mike's Subs has a franchise fee of up to $18,500, with a total initial investment range of $169,001 to $804,045. The total investment can be pricey depending on the specifics that are needed for your location. These are critical to the effective operation and the success of its franchisees. But you also know how rewarding it can be. With 21 Jersey Mike's Subs locations in Southern California already under his belt, Garcia is in the midst of an aggressive 70-store development plan that matches an equally fierce work ethic. Responding to COVID-19, Jersey Mike's franchise owners across the country have donated millions of subs to local hospitals, first responders, children in need of a meal, senior citizens, and more. Today there over a thousand of establishments that all started with one small storefront for a submarine sandwich shop. NASHVILLE, Tenn. (Jan. 12, 2021) – GoNoodle and Jersey Mike’s Subs have teamed up this semester to bring good energy to kids during a tough time. Browse our extensive directory of franchises and business opportunities for sale to identify your perfect franchise fit. Ongoing support covers vital areas such as site selection, online support, the use of its proprietary software, field operations and security/safety procedures. To be considered for this franchise opportunity, you’ll need to fulfill all its financial requirements. In 2010, there were a total of 430 franchises operating. For a whole day at the end of the month of March, 100% of all the profits go towards a local charity partner. There are many establishments to choose from. Your email address will not be published. Mailing telemarketing list of Jersey Mikes franchise owners. 3 Jersey Mike's Sandwich Franchise For Sale In Los Angeles, California. This plan is also in the top 15% of plans for Salary Deferral. In my opinion, it seems that they care more about serving the community with a trusting and kind establishment than they do about making money. In her claim, Robinson alleges the franchisee, Jeff Padgett, regularly scheduled the franchise employees to … During your franchise term, you’ll need to pay ongoing fees consisting of the ongoing royalty and ad royalty fees of 6.5 and 5%. View Sandwich Franchise Businesses For Sale On BizBen.com That’s not all though. But when it comes to subs, Jersey Mike’s Subs is a one-of-a-kind company. The total initial investment necessary to begin operation of an individual Jersey Mike’s Franchised Restaurant ranges from $193,204 to $660,442. It is classified as operating in the Full-Service Restaurants industry. Jersey Mike's Subs is an American submarine sandwich chain headquartered in Manasquan, New Jersey. Jersey Mike’s Subs is embarking on a systemwide renovation that’s expected to cost $75,000 per store, which the franchisor has agreed to pick up across the 1,700-unit quick-service sandwich chain for a total projected outlay of $150 million. The Sylva location is part of a nationwide expansion launched by the sub-franchise which currently has more than 2,500 locations open and under development nationwide. But that would be one of the questions on your list to ask the company directly. Thank you for your interest in Jersey Mike’s Subs. When the founder of a franchise company actually ran a store for years, the result is a different kind of company culture. However, this isn’t the only charity work that the Jersey Mike’s Subs establishment partakes in. Jersey Mike’s Subs’ Franchise Growth. Operating on a similar model to the Pearle Vision center, this hearing-aid manufacturer … Jersey Mike’s ‘East Coast-style” Subs and CEO Are Standouts in the Market. When your franchising a business, there are many things to take into consideration. However, certain conditions may be set before by the franchisor before qualifying for financing. You get an additional 28.75 hours of training at its corporate headquarters. Subs are made fresh daily according to the customers’ customization. It’s a big responsibility. The initial franchise fee starts at $18,500 and is paid upon signing the franchise agreement. Architectural fees ranging from $3,000 to $17,800 and leasehold improvements between $136,000 to $384,419. Founded in 1956, Jersey Mikes started franchising 31 years later in 1987. The company also collects donations between the months of June and July for the Wreaths Across America organization. This is to be paid to the landlord. The basic types of support include marketing, ongoing support, and training. This includes an initial franchise fee of $18,500 that you must pay to Company. All contact data is verified for accuracy. Manasquan, NJ 08736, USA. What you are getting into is helping to build someone else’s company. These do not take away money from you but rather increase your income. This is prepared right in front of its clients. The information we’ve included here are factual. Let us check Jersey Mike’s franchise registry approval status and show you how it stacks up to competitors. Jersey Mike's Subs Owner Operators earn $73,000 annually, or $35 per hour, which is 20% higher than the national average for all Owner Operators at $60,000 annually and 10% higher than the national salary average for all working Americans. Also, some just fit into your lifestyle better than others would. Of course, they were in the exact same ingredients; that would just be gross. That isn’t to say that they do not offer any details. 1. In 1972, a high school kid named Peter Cancro took a job there and loved the authentic submarine sandwiches. When deciding to franchise Jersey Mike’s Subs, you’re getting into more than just owning and running a business. Take a look at these statistics for instance. Jersey Mike’s Subs is an American submarine sandwich chain headquartered in 2251 Landmark Pl. Liabilities, on the other hand, do the exact opposite; taking away money from you. Jersey Mike’s more than 2,500 locations will donate a minimum of $1 million based on April 25 and 26 sales. Due Date: 30 days after billing. Jersey Mike's Subs is an American submarine sandwich chain headquartered in Manasquan, New Jersey. It all Began in 1956, at a small shop in Point Pleasant, New Jersey. According to CNNMoney.com, the “loan data is from the Small Business Administration, covering loans made from … The chain also has some 350 new locations in development. Others include national and regional media advertising, social media advertising, website development, and email marketing. __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"rgb(19, 114, 211)","hsl":{"h":210,"s":0.83,"l":0.45}}},"gradients":[]},"original":{"colors":{"62516":{"val":"rgb(19, 114, 211)","hsl":{"h":210,"s":0.83,"l":0.45}}},"gradients":[]}}]}__CONFIG_colors_palette__, __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"49806":{"name":"Main Accent","parent":-1},"3a0f6":{"name":"Accent Light","parent":"49806","lock":{"saturation":1,"lightness":1}}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"49806":{"val":"var(--tcb-skin-color-0)"},"3a0f6":{"val":"rgb(238, 242, 247)","hsl_parent_dependency":{"h":209,"l":0.95,"s":0.36}}},"gradients":[]},"original":{"colors":{"49806":{"val":"rgb(19, 114, 211)","hsl":{"h":210,"s":0.83,"l":0.45,"a":1}},"3a0f6":{"val":"rgb(240, 244, 248)","hsl_parent_dependency":{"h":209,"s":0.36,"l":0.95,"a":1}}},"gradients":[]}}]}__CONFIG_colors_palette__, {"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}, __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"c84a5":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"c84a5":{"val":"var(--tcb-skin-color-4)","hsl":{"h":206,"s":0.27,"l":0.01,"a":1}}},"gradients":[]},"original":{"colors":{"c84a5":{"val":"rgb(47, 138, 229)","hsl":{"h":210,"s":0.77,"l":0.54,"a":1}}},"gradients":[]}}]}__CONFIG_colors_palette__, __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"34f05":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"34f05":{"val":"var(--tcb-local-color-bec10)"}},"gradients":[]},"original":{"colors":{"34f05":{"val":"rgb(19, 114, 211)","hsl":{"h":210,"s":0.83,"l":0.45}}},"gradients":[]}}]}__CONFIG_colors_palette__, __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"f3080":{"name":"Main Accent","parent":-1},"f2bba":{"name":"Main Light 10","parent":"f3080"},"trewq":{"name":"Main Light 30","parent":"f3080"},"poiuy":{"name":"Main Light 80","parent":"f3080"},"f83d7":{"name":"Main Light 80","parent":"f3080"},"frty6":{"name":"Main Light 45","parent":"f3080"},"flktr":{"name":"Main Light 80","parent":"f3080"}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"f3080":{"val":"rgba(23, 23, 22, 0.7)"},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}}},"gradients":[]},"original":{"colors":{"f3080":{"val":"rgb(23, 23, 22)","hsl":{"h":60,"s":0.02,"l":0.09}},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.5}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.7}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.35}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.4}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.2}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.8}}},"gradients":[]}}]}__CONFIG_colors_palette__, Jersey Mike’s Subs Franchise Cost & Profit Opportunity Review, How I'm Earning Multiple 6 Figures with an Internet Business Generating Leads for Small Businesses in 2020. Jersey Mike’s Subs offers a few benefits with their franchising opportunity that many other companies choose not to offer. Jersey Mikes Franchise Systems's annual revenues are $10-$50 million (see exact revenue data) and has 100-500 employees. What Does a Jersey Mike’s Franchise Cost? Jersey Mike's Franchise Systems operates and franchises about 1150 Jersey Mike's Subs in more than 40 states. To buy a franchise with Jersey Mike’s, you'll need to have at least $100,000 in liquid capital. The Jersey Mike's franchise has almost 1,300 locations open and about 70 more in development across the United States. To further explain this, this consists solely of the value of your assets without the inclusion of your liabilities. We’ll take a look at exactly how much it costs to operate these franchises and some other factors to … Someone’s company that they built from the ground up. Someone that put their trust into individuals like you to franchise part of their company. Legal help is advised. Jersey Mike'S 401k Profit Sharing Plan currently has over 200 active participants and over $11.5M in plan assets. Miracle-Ear. The Jersey Mike's franchise has almost 1,592 locations open and about 124 more in development across the United States, in addition to three locations in … Rent/lease, and utility security deposits etc starts from $1,073 to $19,978. One store equals a blue collar living if your willing to eat, sleep, breath, Jersey Mikes. That number grew drastically to 1,259 by the end of 2017. Jersey Mike's has enjoyed great success as one the fastest growing franchises in the last seven years. Today, Peter Cancro is CEO of Jersey Mike's Franchise Systems Inc., overseeing more … Let’s find out by getting the details. This is a pre-condition all franchisees must meet to be taken seriously. Every year in March, customers come in and donate to local charities. JERSEY MIKES FRANCHISE SYSTEMS, INC. operates as a Foreign For-Profit Corporation with business ID 803948. Mitch Cohen, CEO of Performax Franchisee Advisors & Jersey Mike’s Subs franchisee Mitch Cohen began his franchisee story operating 8 Baskin Robbins, achieving Top 10% in the chain. Franchising Jersey Mike’s Subs is no different. Your email address will not be published. 3 Jersey Mike's Sandwich Franchise For Sale In Los Angeles, California. How much does a Jersey Mike's Subs franchise cost? In my personal opinion, you couldn’t find a better shop or franchise company to buy from, or own than the business of Jersey Mike’s Subs. Jersey Mike’s Subs would be a fantastic franchising opportunity for anyone looking for charitable work all while owning a business that serves up great subs. Required fields are marked *. Ongoing support, marketing support, and training are only broad categories that cover specific areas. Jersey Mike’s Franchise Fee, Revenue, And Profit Margin, Daylight Donut Franchise: Startup Cost, Profit & Opportunities, Habit Burger Franchise: Startup Cost, Profit & Opportunities, Buffalo Wild Wings Franchise: Startup Cost, Profit & Opportunities, Freddy’s Franchise: Startup Cost, Profit & Opportunities, Pieology Franchise: Startup Cost, Profit & Opportunities. The franchisor reserves the right to do so. Jersey Mike’s Subs would be an incredible franchising opportunity for anyone that shares the same values as Mike, his wife, and Peter originally visioned for the company. We’ll discuss these in addition to other fees which haven’t been mentioned. CNNMoney.com recently published the list they determined were the “most popular” franchises based on the dispersal of SBA loans to franchise owners. JERSEY MIKE’S FRANCHISE SYSTEMS, INC. (the “Company”) offers franchises for the establishment, development, and operation of restaurant facilities for the on-premises and off-premises consumption of a wide assortment of made-to-order submarine type sandwiches, other sandwiches and related food products and beverages. Jersey Mikes Franchise Systems's annual revenues are $10-$50 million (see exact revenue data) and has 100-500 employees. Jersey Mike’s Subs started as Mike’s Subs in 1956 in Point Pleasant, New Jersey. Fill out our online form or call 732-292-8272 to get the process started and someone will be in touch shortly. The chain also has some 350 new locations in development. It requires liquid cash of about $100,000. Sure, you’ll be owning your own business, but what you’re really getting into is so much more than that. And the turnover rate isn’t too shabby either. the average Jersey Mike's sales revenue is $625,000.....JMFS will quote you 20%, I have 3 stores all above average sales that range in EBITDA from 11% - 22%. Using the same yardstick, the worst 40 franchises during the same 10-year timeframe are listed below. Excellent Growth Opportunity - Newer Store, Absentee Run, Excellent Opportunity for owner operator to increase sales and profits - turn key operation. Required fields are marked. Everything about the Jersey Mike’s culture revolves around our commitments to our customer and to the community. The latter cannot be included in calculating your net worth.eval(ez_write_tag([[300,250],'startupback_com-banner-1','ezslot_5',147,'0','0'])); Liquid cash is one of those things required by the franchisor. There are many establishments to choose from. So let’s get down to the point of why you’re really here. Multiple stores and you start having a white collar (but incredibly stressful) living. As its franchisee, you stand to get benefit from cooperative advertising, as well as loyalty programs. To open a single sub shops location, the company requires that potential franchisees have liquid assets of … Jersey Mike’s Subs is embarking on a systemwide renovation that’s expected to cost $75,000 per store, which the franchisor has agreed to pick up across the 1,700-unit quick-service sandwich chain for a total projected outlay of $150 million. Franchising in the food industry has its perks. Manasquan, NJ 08736, USA. Subs are made fresh daily according to the customers’ customization. Your email address will not be published. Its demonstrated its ability to emerge as one of the most successful franchise … It’s not only a place that offers fresh luncheons, but it’s also a place that gives back to the community as a whole. I would say that there are only a couple of disadvantages to owning this franchise. This plan has a BrightScope Rating of 76, placing it in the top 15% of all plans in its peer group. Jersey Mike's Subs is an American submarine sandwich chain headquartered in Manasquan, New Jersey. Someone’s business that they take pride in. When Peter was a senior, the Mike’s owner (the third one) decided to sell the store, and Peter Cancro, at 17, jumped at the opportunity, buying the sub shop with partial help from his football coach. When it comes to Jersey Mike’s Subs, I truly believe this is one of the best food industry franchises that you could get your hands on. He changed the name from Mike's Subs to Jersey Mike's Subs to capture the authenticity of where the authentic sub sandwich was born. Franchise owned: 20 Southern California Jersey Mike’s Subs locations in Rancho Cucamonga, Fountain Valley, Costa Mesa, La Verne, Glendora, Upland, Marina del … At Franchise Clique, our mission is to connect entrepreneurs with the opportunity that’s right for them, which is why our directory contains a comprehensive listing of the best investment options in the industry for you to choose from. Jersey Mike'S 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. There’s really no secret to owning a successful Jersey Mike’s franchise. However, in 1971, Mike’s family decided that they were going to sell the business. Audit: cost of audit, plus interest on underpayment. And as with every company, you will find something that isn’t perfect. The Jersey Mike’s franchise has almost 1,300 locations open and about 70 more in development across the united states.Five additional locations are open outside the U.S. Ranked among the top 10 (#8) on the prestigious Entrepreneur Magazine’s top 500 franchise listings, this franchise opportunity is one of the best to invest in. You may never find another quite like Jersey Mike’s Subs. Not enough. Read on to find out more about the franchising opportunity that Jersey Mike’s Subs offer for people just like you. The Jersey Mike’s franchise has almost 1,300 locations open and about 70 more in development across the united states.Five additional locations are open outside the U.S. There are ad templates franchisees can use in addition to SEO. +Tips + Cool Coworkers Corporate is great, it is just the franchise owners. 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