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JERSEY MIKE'S

JERSEY MIKE'S

Jersey Mike's franchises operate restaurants specializing in made-to-order submarine sandwiches, other sandwiches, chips, and beverages for on-premises and off-premises consumption. The franchisor, A Sub Above, LLC, offers single-unit franchises or area development agreements, providing branding, operational systems, and support to franchisees. They target the general public in the competitive fast-casual sandwich market.

3,201locations
Since 1987
Food & BeverageManasquan, NJBlackstone Inc.www.jerseymikes.comDisclaimer

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Franchise Costs

Franchise Fee
$20,000
Initial Investment
N/A
Royalty Rate
6.50%
Brand Fund
5.00%
Fixed Monthly Fees
$444 – $844

6.5% royalty + 5% ad fund (1% corporate advertising + 4% national media) + $395-$795/mo POS software + $49/mo network/gift card fees

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$1,367,578
Median Gross Revenue
$1,305,850

Data Based On: 2,606 Traditional Franchised Restaurants operated by third-party franchisees for greater than 360 days during the Measurement Period (January 1, 2025 - December 28, 2025).

Extracted Item 19 Section

Avg. Revenue: $1,367,578

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How JERSEY MIKE'S Compares

FranchiseInvestmentFeeRoyaltyLocations
JERSEY MIKE'S
Current
N/A$20K6.5%3,201
MCDONALD'S$1.5M – $2.6M$45KN/A12,772
LITTLE CAESARS$377K – $1.8M$20K6.0%3,788
AFC$45K – $151K$6K8.0%3,572
KFC (NON-TRADITIONAL)$1.2M – $4.2M$45KN/A3,404
SONIC DRIVE-IN$1.5M – $2.5M$15K5.0%3,120
Fast Food Average
133 franchises
$598K – $1.6M$35K6.1%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 133 Fast Food franchises by location count.

SBA Loan History


Historical SBA 7(a) loan data for JERSEY MIKE'S franchisees (20102025)

Total Loans
505
Average Loan
$384,928
Total Volume
$194.4M
Default Rate
1.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

505 SBA loans on record

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Franchisee Contacts

3,146 franchisee contacts on file from official FDD filings.

3,146 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
13
Transfers
218
Sold to Franchisees
12
Projected New
260

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Frequently Asked Questions

JERSEY MIKE'S does disclose financial performance data (Item 19) in their 2026 FDD, including average and median gross revenue figures. Get full access to see the exact revenue numbers and detailed financial breakdown.