McDonald's vs Jersey Mike's Submarines & Salads Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of McDonald's vs Jersey Mike's Submarines & Salads including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,314,500 - $2,306,500 | $169,001 - $804,085 |
Franchise Fee |
$45,000 | $18,500 |
Royalty Fee |
4% | 6.5% |
Advertising Fee |
4%+ | 5% |
Year Founded |
1955 | 1956 |
Year Franchised |
1955 | 1987 |
Term Of Agreement |
20 years | 10 years |
Term Of Agreement |
20 years | 10 years |
Renewal Fee |
$45K | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | Restaurant experience |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/No | No/Yes |
Equipment |
No/Yes | No/Yes |
Inventory |
No/No | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
On-The-Job Training: 500 hours
Classroom Training: 72 hours
Additional Training: At local McDonald's restaurant
|
On-The-Job Training: 360 hours
Classroom Training: 40 hours
|
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
| Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
Marketing |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
| Co-op advertising, Ad slicks, Regional advertising |
Operations |
82% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10
- 15
Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators) |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | No |
International Expansion |
Yes | Yes |
Company Overviews
About McDonald's
Ray Kroc, a milkshake mixer salesman, ventured to California in
1954 to visit McDonald's hamburger stand, where he heard they were
running eight mixers at once. Kroc was impressed by how rapidly
customers were served and, seeing an opportunity to sell many more
milkshake machines, encouraged brothers Dick and Mac McDonald to open a
chain of their restaurants. Kroc became their business partner and
opened the first McDonald's in Des Plaines, Illinois in 1955.
McDonald's brand is in 122 countries around the world. Thirty thousand locations serve 51 million customers each day. More than 70 percent of McDonald's restaurants around the world are owned and operated by independent local business people.
Most standalone McDonald's restaurants offer both counter and drive-through service, with indoor and sometimes outdoor seating. The Drive-Thru, Auto-Mac, or McDrive as it is known in many countries, often has separate stations for placing, paying for, and picking up orders, though the former two steps are frequently combined. In some countries "McDrive" locations near highways offer no counter service or seating. In contrast, locations in high-density city neighborhoods often omit drive-through service.
#7 on Franchise Rankings.com
#3 in Canada's top franchises.
#3 in Franchise 500 for 2020
#11 in Franchise 500 for 2021
About Jersey Mike's Submarines & Salads
The first Jersey Mike's Super Sub was created in Point Pleasant, New Jersey, on the Jersey Shore in 1956. Peter Cancro started working in the submarine sandwich business when he was 14 years old. At the age of 17, before state law allowed him to operate a slicing machine, Cancro bought the original Jersey Mike's location. Since it started franchising in 1987, Jersey Mike's has grown to more than 150 franchises.
Jersey Mike's is one of the biggest and most affordable fast food
restaurants and the mobile app delivers the same exciting experience,
minus the wait.
You can quickly browse through all the favorite items on
the menu or search by categories including subs, sandwiches, wraps,
beverages and desserts, and more.
Can't find a decent place to stop at
on your road trip? Use the app to find the nearest Jersey Mike's and
enjoy your favorite meal in no time.
Get the regular subs and sandwiches
or customize them the way you want to.
Our concept is simple. We provide our customers with the freshest,
highest quality sub sandwiches available, prepared right in front of
them and served with energy and enthusiasm. Our culture of giving and
making a difference in the lives of our customers creates an important
bond in the communities we serve.
Our business model, which offers a balanced lifestyle, allows our
owners the wherewithal to support important causes in their community
and the flexibility to have a family life outside the restaurant.
Discover how Jersey Mike’s can make a difference in your life.
#8 in Franchise 500 for 2020.
#7 in Franchise 500 for 2021.