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Below is an in-depth analysis and side-by-side comparison of Jersey Mike's Submarines & Salads vs Jreck Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $169,001 - $804,085 | $49,800 - $254,000 |
Franchise Fee | $18,500 | $10,000 |
Royalty Fee | 6.5% | 6% |
Advertising Fee | 5% | - |
Year Founded | 1956 | 1969 |
Year Franchised | 1987 | 0 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-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 |
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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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The first Jreck Subs opened outside Fort Drum, New York in 1969. Ask anybody who has ever lived or visited Northern New York where to go to get a great sub and they'll tell you - Jreck Subs! Jreck has grown to 44 locations in Central and Upstate New York. Franchises available in New York State.