Jersey Mike's Submarines & Salads vs Milio's Sandwiches Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jersey Mike's Submarines & Salads vs Milio's Sandwiches including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Jersey Mike's Submarines & Salads Franchise
Milio's Sandwiches Franchise
Investment $169,001 - $804,085$180,000 - $500,000
Franchise Fee $18,500$30,000
Royalty Fee 6.5%6%
Advertising Fee 5%3.5%
Year Founded 19561989
Year Franchised 19872005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Jersey Mike's Submarines & Salads Franchise
Milio's Sandwiches Franchise
Experience
  • Restaurant experience
  • We're looking for outgoing, results-oriented franchise candidates with strong track record of business success; people that can build relationships, lead teams, and have the motivation to excel! Food industry experience a plus. *Liquid Capital Required: $100,000 *Net Worth Required: $150,000


    Financing Options

     
    Jersey Mike's Submarines & Salads Franchise
    Milio's Sandwiches Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Jersey Mike's Submarines & Salads Franchise
    Milio's Sandwiches Franchise
    Training On-The-Job Training: 360 hours Classroom Training: 40 hours -
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing 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

     
    Jersey Mike's Submarines & Salads Franchise
    Milio's Sandwiches Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    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.

    "Entrepreneur


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





    About Milio's Sandwiches

    We're Hot! It might be cold-cuts, but our industry is hot. Sandwiches are the fastest growing category, with sales of quick serve restaurants specializing in sandwiches reaching over $10 billion. The average American eats 193 sandwiches per year and visits a franchise sandwich store an average of 2.5 times per week. What makes the typical Milio's franchise so terrific? The secret's in the sub! We start with the highest quality meats and cheeses. Add onions, lettuce and tomatoes. Even our bread is baked fresh daily, right in each store. It's simple for customers to order from Milio's. A streamlined system keeps store operations simple for our team members. Our franchise program simplifies business ownership for qualified, motivated individuals. We are currently looking for new franchisees throughout Minnesota, Wisconsin, Iowa, Illinois and Nebraska; fulfill your dream of owning your own business with this tremendous franchise opportunity.
    Here's what makes Milio's Sandwiches a great opportunity for you: *Tremendous locations available *Sandwich segment in a state of explosive growth *Consumers eat sandwiches 2.5 times a week *Turnkey operations *Training and support from experts *Proven systems Training & Support: The systems, training and support to get you going...and keep you growing. The Milio's franchise program gives you the tools, instruction and guidance to be able to open a location of your own and to continue to strengthen business in the years to come.
    Here's what you'll receive: *Use of the Milio's name and logo. *Assistance in site selection, restaurant design and initial recruitment. *Training in management, marketing, food preparation and customer service. *Ongoing operational and promotional support and consultation. *Ongoing development of new menu items, vendor sourcing and operational techniques.