Read about how their whole system works and you will surely be interested with this particular franchise. Pizza is consistently in style, and one of the most recognizable pizza chains on … Relocation Fee: $5,000. Owners of traditional restaurants have a designated (exclusive) territory that is generally a … Trademarks may include brand names, product names, logos and slogans. Read more By continuing to use this website you consent to the terms of our privacy policy. Jersey Mike’s is currently accepting inquiries from the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington, D.C., West Virginia, Wisconsin, Wyoming. There's a Jersey Mikes in a location where a Lenny's failed near me. We don't share our mailing list. We’ll take a look at exactly how much it costs to operate these franchises and some other factors to … An obvious but seemingly overlooked area where many companies neglect is the simple are of proper instruction. Just this year, Jersey Mike’s … Our franchisees are not only excellent business people, they are tireless community leaders, too. Franchise Facts Jersey Mike's Subs offers a wide assortment of made-to-order submarine type sandwiches and related food products and beverages. In 1972, a high school kid named Peter Cancro took a job there and loved the authentic submarine sandwiches. The Total investment a new Franchisee will pay ranges from $150,082 - $519,970 a franchise fee of $18,500 with an ongoing royalty fee of 6.5% and a term agreement of 10 years. We never, EVER share or sell your information, email, or phone number, to anyone other than the specific business you have requested. Jersey Mike's Subs Is Revving Up for Franchise Expansion Founder and CEO Peter Cancro believes the chain could one day grow to as many as 10,000 locations in the U.S. and internationally. Jersey Mike's bills itself as "a sub above" and while they may not be as healthy as Subway, the New Jersey-based sandwich chain is clearly doing a lot of things right. Orangetheory Fitness All contact data is verified for accuracy. Jersey Mike's Subs Owner Operators earn $73,000 annually, or $35 per hour, which is 20% higher than the national average for all Owner Operators at $60,000 annually and 10% higher than the national salary average for all working Americans. Ranked among the top 10 (#8) on the prestigious Entrepreneur Magazine’s top 500 franchise listings, this franchise opportunity is one of the best to invest in. - Duration: 7:20. Well trained owners and managers operate better stores and help us protect the Jersey Mike’s brand. Jersey Mike’s Subs started as Mike’s Subs in 1956 in Point Pleasant, New Jersey. Jersey Mike's, a fast-casual sub sandwich franchise with more than 1,500 locations open and under development nationwide. Everything about the Jersey Mike’s culture revolves around our commitment to our customer and to the community. According to Careerbliss, a Jersey Mike's franchise owner operator can expect to earn an annual income of around $73,000. Many of our successful franchisees have some other traits in common. Why do we insist on making our sub sandwiches the same way we’ve been making them since 1956? We believe that making a sub sandwich and making a difference can be one and the same. Those new franchise investors stand to make a good income too if they can make the Jersey Mike's cut. Why Jersey Mike’s Commits To An “Ideal Operator” ProfileWe’ll be the first to tell you, owning a Jersey Mike’s isn’t for everyone. She taught me to be honest, work hard, and not to depend on others. Buying into five Jersey Mike's franchises might sound like a lot, but it's nothing compared to the franchise empire Alvaro Garcia is building. Is it an experienced restaurateur? In fact, each grand opening event supports a charity in the community. Do you have what it takes to be a Jersey Mike’s franchisee? Operating on a similar model to the Pearle Vision center, this hearing-aid manufacturer … In this article you will get about jersey mike’s franchise cost, fee, opportunity and how to sale. That’s why we want only the right candidates to help us grow our brand. Jersey Mike’s has raised more than $28 million for charities since 2010. Franchise City Recommended for you. It's the right approach," Cohen told Forbes. Like just about every restaurant franchise, investors have to pay an initial franchise fee, and it's actually not that steep compared to others. Buy Jersey Mike's Franchise Opportunity for Sale - ~ Sandwich Sub Franchises for Sale, Food ~ Restaurants ~ Sandwich and Sub Franchise Opportunity Listing, Buy a Franchise Business Jersey Mike's, a fast-casual sub sandwich franchise with more than 1,500 locations open nationwide, believes that making a sub sandwich and making a difference can be one and the same. An ex-Fortune 500 executive? One of the franchises many consider is Jersey Mike’s. When Peter was a senior, the Mike’s owner (the third one) decided to sell the store, and Peter Cancro, at 17, jumped at the opportunity, buying the sub shop with partial help from his football coach. In terms of fast food restaurant franchises, Subway had always seemed to be the franchise of choice. The estimated initial investment for developing a Jersey Mike's franchise … According to The Motley Fool, Jersey Mike's was the fastest-growing sandwich chain in the United States in 2013, and it continued that trend through 2019 as well (via Nation's Restaurant News). Top Areas That Are Hurting Jersey Mike's Franchise Systems the Most 1. 3 Jersey Mike's Sandwich Franchise For Sale In Los Angeles, California. Do you have what it takes to be a Jersey Mike’s franchisee? Jersey Mike’s Subs’ Franchise Growth. In fact, Subway’s profitable franchise model is what got many potential franchise owners to invest, leading to Subway’s boom in the United States and the rest of the world. It all happens on the store level at Jersey Mike’s, and our experience tells us that the right operator is absolutely imperative to running a successful and profitable business. `` leasehold improvements '' are estimated to cost around $ 73,000 fee, opportunity and how to Sale almost locations. 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