Jersey Mike's Franchise: Cost, Fees & Earnings
3,227 locations (2025), +8% YoY(Item 20)
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Median Revenue (AUV)
$1,305,850
Source: 2026 FDD, Item 19
Initial Investment
$436,176 – $1,162,228
Source: 2026 FDD, Item 7
Franchise Fee
$8,500
Source: 2026 FDD, Item 5
Royalty
6.5%
Source: 2026 FDD, Item 6
About Jersey Mike's
Jersey Mike's is a franchise system of restaurants specializing in made-to-order submarine type sandwiches, other hot sandwiches, and related food products and beverages for on-premises and off-premises consumption. The concept is based on the original Mike's Submarines restaurant that has been operating since 1956 in Point Pleasant, New Jersey.
Gross Sales by Performance TierSource: 2026 FDD Item 19
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Explore all brands →AUV Trend — Multi-Year Median Revenue
Additional Item 19 Analysis
Deeper Item 19 Analysis (Charts 3–6)
Openings & Closings, Transfer Rates, Franchise vs Corporate Mix
Jersey Mike's vs Competitors
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Jersey Mike's Franchise FAQ
How much does a Jersey Mike's franchise cost?
Per Item 7 of the 2026 FDD Franchise Disclosure Document, the estimated initial investment ranges from $436,176 to $1,162,228.
What is the Jersey Mike's franchise fee?
The FDD reports an initial franchise fee of $8,500 to $20,000.
What royalty does Jersey Mike's charge?
The FDD reports an ongoing royalty of 6.5%.
How much revenue does a Jersey Mike's franchise generate?
The 2026 FDD reports a median revenue per unit of $1,305,850 for fiscal year 2025. Individual results vary.
Can I finance a Jersey Mike's franchise with an SBA loan?
Many franchise purchases are financed with SBA 7(a) loans covering a large share of the total project cost. You can check what you'd qualify for with Franchable's free SBA prequalification.
Data sourced from the brand's Franchise Disclosure Document. Franchable is not affiliated with or endorsed by Jersey Mike's. This is not an offer to sell a franchise. Individual results vary.