Mr. Sub vs Jersey Mike's Submarines & Salads Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Sub 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
 
Mr. Sub Franchise
Jersey Mike's Submarines & Salads Franchise
Investment $160,000$169,001 - $804,085
Franchise Fee $15,000$18,500
Royalty Fee 5%6.5%
Advertising Fee -5%
Year Founded 19681956
Year Franchised 19721987
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee 50% of initial fee-


Business Experience Requirements
 
Mr. Sub Franchise
Jersey Mike's Submarines & Salads Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Good interpersonal skills

  • Restaurant experience
    		•

    Financing Options
     
    Mr. Sub Franchise
    Jersey Mike's Submarines & Salads Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Mr. Sub Franchise
    Jersey Mike's Submarines & Salads Franchise
    Training - On-The-Job Training: 360 hours Classroom Training: 40 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op advertising, Ad slicks, Regional advertising
    Operations 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (80% 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
     
    Mr. Sub Franchise
    Jersey Mike's Submarines & Salads Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Mr. Sub

    The first Mr. Sub restaurant opened in Toronto, Ontario in March of 1968. Right from the start, the concept was simple: sell quality subs, make them fresh, and serve them fast. And above all, give customers value for their money. A lot has changed since then. Our menu has grown to include salads, wraps, soup, fresh baked bread and more. Today, there are over 520 restaurants from coast to coast, and Mr. Sub is still owned by the founding partners. Lots of things have changed over the years, but every franchisee remains committed to our original concept of quality and freshness. That thinking was what brought people to our restaurants back in the 60's, and it continues to create new customers today.

    "Top

    #38 in Canada's Top franchises.

    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.

    "Entrepreneur


    #8 in Franchise 500 for 2020.
    #7 in Franchise 500 for 2021.