Jersey Mike's Submarines & Salads Franchise

Submarine sandwiches


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.

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Please Note: The operators of Jersey Mike's Submarines & Salads, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Jersey Mike's Submarines & Salads website.

How much does it cost to open a Jersey Mike's Submarines & Salads Franchise?

The investment required to open a Jersey Mike's Submarines & Salads Franchise is between $193,204-$660,442. There is an initial franchise fee of $18,500 which grants you the license to run a business under the Jersey Mike's Submarines & Salads name.

Individual Unit Costs

  • Initial Investment:
    $193,204-$660,442
  • Initial Franchise Fee:
    $18,500
  • Royalty Fee:
    6.5%
  • Advertising Fee:
    5%
  • Term of Agreement:
    10 years


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Jersey Mike's Submarines & Salads News & Press Releases

When did the first Jersey Mike's Submarines & Salads open? 1956
When did Jersey Mike's Submarines & Salads start Franchising? 1987
Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Third Party Financing Source(s): banks & finance companies

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations

Marketing
Co-op advertising, Ad slicks, Regional advertising

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)

Business Experience:

  • Restaurant experience

  • Your income potential as a Jersey Mike's Submarines & Salads Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

    Listing Tags

    jersey mikes, jersey mike, jersey mikes subs, jersey subs, jersey sub, sub, subs, submarine, sub sandwiches, jersey mikes locations, catering, sub sandwich
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    Legal Disclaimer: This information is not a franchise offering for Jersey Mike's Submarines & Salads and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Jersey Mike's Submarines & Salads franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

    Jersey Mike's Submarines & Salads

    Jersey Mike's Submarines & Salads

    Jersey Mike's Submarines & Salads
    2251 Landmark Pl.
    Manasquan, NJ
    08736

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