Jersey Mike's
A Jersey Mike’s franchise typically costs between $436,176 and $1,162,228 to open, with a $20,000 franchise fee and an ongoing royalty of 6.5%.
Franchise Inspectors has verified from Jersey Mike's latest 2026 FDD that the average free-standing location generates over $1.3 million in annual sales. The lowest unit volume was $512,332 and the highest unit volume was $3,228,616.
How Much Does It Cost?
Total Investment
$436,176 - $1,162,228
Franchise Fee
$20,000
Royalty
6.5%
Marketing Ad Fund
5%
How Much Do Owners Make?
$512,332
LOWEST GROSS REVENUE
$1,367,578
AVERAGE GROSS REVENUE
$3,228,616
highest GROSS REVENUE
Jersey Mike's Retention Amongst Company-Owned and Franchise Owned Outlets
Corporate Units
Franchised Units
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Jersey Mike's Franchise Quick Facts
- Total Investment: $436,176 – $1,162,228
- Franchise Fee: $20,000
- Royalty: 6.5%
- Marketing Fee: 5% (can increase up to 6% combined)
- Average Revenue: $1,367,578
- Lowest Revenue: $512,332
- Highest Revenue: $3,228,616
- Total Outlets: 3,227
How much does a Jersey Mike’s franchise owner make?
Jersey Mike’s does not disclose owner income or net profit in its FDD. It only provides low, high, average and median unit gross sales. Profitability depends heavily on factors like location, labor costs, food costs, and how well the business is managed.
How long does it take to open a Jersey Mike’s franchise?
Most Jersey Mike’s locations take 9-12 months to open, but some may take over a year to open. This timeline depends on site selection, lease negotiations, buildout, permitting, and local approvals.
Is Jersey Mike’s semi-absentee?
No. Jersey Mike’s is not designed to be semi-absentee. It is an operations-heavy food business that typically requires an owner-operator or a strong full-time management team.
What are the biggest risks of owning a Jersey Mike’s franchise?
The biggest risks include tight profit margins common in food businesses, high labor and food costs, and heavy reliance on location. Franchisees are also required to follow strict supplier and operational guidelines, which can limit flexibility.
This page contains information derived from the 2026 Franchise Disclosure Document (FDD). We are not making any financial claims, projections, or guarantees. The data shown reflects historical information provided by the franchisor and should not be relied upon as an indication of future performance. Individual results will vary.
