Jersey Mike's Submarines & Salads vs Jimmy John's Gourmet Sandwich Shops Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jersey Mike's Submarines & Salads vs Jimmy John's Gourmet Sandwich Shops including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$169,001 - $804,085 | $313,600 - $556,100 |
| Franchise Fee |
$18,500 | $35,000 |
| Royalty Fee |
6.5% | 6% |
| Advertising Fee |
5% | 4.5% |
| Year Founded |
1956 | 1983 |
| Year Franchised |
1987 | 1993 |
| Term Of Agreement |
10 years | 10 years |
| Term Of Agreement |
10 years | 10 years |
| Renewal Fee |
- | $2.5K |
Business Experience Requirements |
| Experience |
Restaurant experience |
General business experience |
Financing Options |
| |
In-House/3rd Party | In-House/3rd Party |
| Franchise Fees |
No/Yes | No/Yes |
| Start-up Costs |
No/Yes | No/Yes |
| Equipment |
No/Yes | No/Yes |
| Inventory |
No/No | No/Yes |
| Receivables |
No/No | No/No |
| Payroll |
No/No | No/No |
Training & Support |
| Training |
On-The-Job Training: 360 hours
Classroom Training: 40 hours
| - |
| Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing |
Co-op advertising, Ad slicks, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
| Operations |
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 |
- | - |
| Canada Expansion |
No | No |
| International Expansion |
Yes | No |
Company Overviews
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.
About Jimmy John's Gourmet Sandwich Shops
James J. Liautaud established Jimmy John's in Charleston, Illinois, in 1983 when he was 19 years of age. With utilized hardware, a cooler, one meat slicer, a cooler and a stove, Jimmy John Liautaud began his business without even a posted menu or an open air sign. At the time, he offered four sandwich assortments and 25-penny sodas. In the wake of going out sandwich tests all through the school town, Liautuad included conveyance benefit, tables, open air signs, menu sheets and an extended menu. He opened a few more stores and built up a model before diversifying started in 1993. Jimmy John's franchisees prepare bread at every store each day, and each sandwich is made new to arrange in 30 seconds.
Watching your calories? Try our 'Unwich' A sandwich with lettuce for a wrapping, not bread !!
The total investment necessary to begin operation of a Jimmy John's
Restaurant is $313,600 to $556,100 (including initial real estate lease
costs).
This includes $30,000 to $37,000 that must be paid to the
franchisor or affiliate.
If you want development rights (for a minimum
of 3 Restaurants), you must pay the franchisor a development fee equal
to $35,000 (the initial franchise fee for the first Restaurant), plus
the $30,000 initial franchise fee due under each additional Franchise
Agreement you sign when you sign the Development Rights Rider, plus a
deposit of $10,000 for each additional Restaurant you agree to develop
but for which you do not sign a Franchise Agreement when you sign the
Development Rights Rider.
#23 in Franchise 500 for 2020.
#72 in Franchise 500 for 2021.
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