Send Me Jersey Mike's Information Email Text (SMS) Franchise Costs Cash Investment: $9,500 Investment Range: $9,500 Franchise Fees: $9,500 Franchise Benefits Training & Support: Yes Financing Available: Yes Industry Information Industry: Food and Restaurant Franchises Franchise Units: 500+ Related Industries Then Kiddie Academy is the opportunity you've been waiting for! Plus, all CKB sauces and, We build and scale Amazon businesses for our clients by helping automate all inventory management tasks, keeping account health in great condition, inventory monitoring, 24/7 customer service, and helping to automate any and, Explore a recession-proof franchise with the unique benefit of a residual income stream. Jersey Mikes is best known for its sub sandwiches made with fresh, quality ingredients. Receive a personalized report of exciting new franchise opportunities to your inbox each week. Presently, Jersey Mikes has over 2,000 locations nationwide. Whats the Real Cost to Open a Dunkin Donuts Franchise? If the goal is to generate a high six-figure salary, youll want to expand to multiple Jersey Mikes locations. You'll need to pay a real estate and construction fee of $5,000 upon signing the lease. This can take as little as 6 months to over 2 years depending on the franchise opportunity. Thats great! By pressing "Submit Request", you agree that Franchise Gator and businesses you selected may call/text/email you at the number you provided above, including for marketing purposes related to your inquiry. The estimated total investment ranges from $11,800 to $21,000. Review. Review our cookies information for more details. Jersey Mike's Franchise Cost Your initial jersey mike's franchise cost may change depending upon various variables, including the state of the premises, the measure of development performed by the proprietor, geographic zones and your capacities. Its hard to calculate the average profit of franchises without considering the many variables that come into play that can skew the average. The initial Jersey Mike's Franchise Fee is $18,500. Can You Franchise Shaqs Big Chicken Restaurant? The companys training includes a three-week training program, ongoing support from a dedicated franchise business coach, and a network of fellow franchise owners who can offer advice and support. This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. Many veterans have experience with logistics and supply chain management from their time in the military. If you can meet the requirements, feel passionate about the sandwich food industry, and love to learn everyday this franchise could be the right fit for you. ts hard to calculate the average profit of franchises without considering the many variables that come into play that can skew the average. Integrating into the community is an essential part of Mikes Way to Success! $12,500; $5,000 for transfers or relocations. This means that even if you are a beginner and do not know much about opening and managing a store, Jersey Mikes will provide adequate training to you and your staff. Here is a breakdown for your clarity. Markustorget 1, Avesta 77 4 30 Sweden +46 72 922 21 62 Website + Add hours. Reasonable cost of inspection and actual cost of test. Initial investments: $178,523 - $746,342 Net-worth Requirement: $300,000 Liquid Cash Requirement: $100,000 Ongoing Fees Initial Franchise Fee: $18,500 Ongoing Fee: 6.5% Ad Royalty Fee: 5% Support Options A royalty fee is an ongoing fee that you would pay to the franchise for the opportunity to run the business concept. To learn more about this franchise opportunity, check out our in-depth guide below. The total amount of financing will vary by location. If you want to open a Jersey Mikes in a college town, compare it to other Jersey Mikes from other college towns of a similar size. Keep in mind, you should also allocate additional funds to live off of while the Jersey Mike's business ramps up. Specialties: Jersey Mike's, a fast-casual sub sandwich franchise with more than 2,100 locations open and under development nationwide, has a long history of community involvement and support. Chicken Salad Chick has a franchise fee of $50,000 and an estimated total investment of around $742,300 to $950,300. Window coverings are essential to home dcor, and the industry has proven resilient even during economic downturns. How much does a Jersey Mike's franchise cost? Jersey Mikes is experiencing widespread expansion and are doing it by staying competitive and providing high levels of training to new franchise owners. 202+ Clever Weekend Email Subject Lines for Sales & Promotions, Updated Din Tai Fung Menu Prices + Specialties (2023), Updated Schlotzskys Menu Prices + Rewards (2023), 303+ Pancake Slogans Topped with Syrup & More, Mazzios Pizza Menu Prices + Latest Coupons (2023). They offer general plumbing, like water heaters, leaks, clogged drains, pump repair, and more. For example, Jersey Mikes highly stresses the training process of their future owners and managers. Adding another income stream is a good idea if you still struggle to pay the bills with one job. The second is Subs by the Bag, which includes Mini subs (serves: 1), regular, tub, or wrap (serves: 2), and giant (serves: 4). On our way to Dalarna we jumped in to the largest dala horse in the world, 13 m high, 12,8 m long and with a weight of 66,7 ton at Avesta, which is the gate to Dalarna. Franchising can be an excellent opportunity for women entrepreneurs to break the glass ceiling and achieve their business goals. This is to be paid to the landlord. The authentic sub sandwich, served Mikes Way with onions, lettuce, tomatoes, olive oil blend, red wine vinegar and spices, is what differentiates Jersey Mikes from the others. But it wasnt until 1987 that they decided to franchise the sub shop. 2010-2018 Mobile Cuisine, LLC - All rights reserved. Wow, glad you're interested in so many businesses! The Jersey Mike's Business Model. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Women entrepreneurs interested in the fitness industry will find Snap Fitness a good franchise opportunity. Dream Vacations is committed to supporting veterans and offers discounted franchise fees and financing options specifically for veterans. But with careful planning and hard work, it is certainly possible to achieve financial success as a Jersey Mikes franchise owner. Dealing with the public, serving food, handling peak traffic times and being a welcoming host can be exciting and enjoyable to some while harrowing and arduous to others. 7-Eleven is a popular convenience store franchise that has been in business for over 90 years. It consists of both classroom and simulated training. Its important to consider what the annual income number youll be happy about making before getting started. They even dedicate the last Wednesday of March as the Jersey Mikes Day of Giving. The thought being your own boss is exciting, but there are some things to consider before deciding if this franchise is right for you. Regardless, Jersey Mikes is one of the strongest sandwich brands around, with only a few franchises such as Jimmy Johns and Subway being able to compete with them. Interested parties should have at least $100,000 in liquid capital to invest. This lets you run the business on your own schedule. Corporate Advertising and Development Fund. This franchise opportunity suits veterans because it offers several benefits aligned with their unique skill sets and experiences. Disclaimer:This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. It means that every morning we hand slice only the freshest onions, lettuce and tomatoes to top our subs. I invite you to review the following pages and videos to explore what so many other people have discovered about this exciting business opportunity. I prefer not to provide my Available Cash to Invest, but I do have access to the Minimum Cash Required for the franchises I am inquiring about. Jersey Mike's Franchise Cost The estimated total investment necessary to begin operation of a Jersey Mike's Franchise ranges from $144,668 to $786,233 Jersey Mikes is a national franchise of sandwich shops. 12 Cheapest Restaurant Franchises With Low Total Investment, The True Franchise Cost Breakdown of Baskin Robbins, The Top 8 Most Expensive Franchises to Buy. Franchisees must pay their expenses as well as their employees expenses in attending these programs. However, due to its location in Point Pleasant, New Jersey, it became the go-to store for residents and tourists. We purchase brand name products, prep them, ship them, and reprice them for the best results. To buy a franchise with Jersey Mike's, you'll need to have at least liquid capital of $100,000. Individual Unit Costs Initial Investment: $169,001-$804,085 Initial Franchise Fee: $18,500 We do not SPAM you. Overall, it can cost anywhere from $165,000 to $450,000 to open a Jersey Mike's Subs franchise. Reasonable cost of inspection and actual cost of test. * Requirements There are additional smaller fees such as fees for training, audits, technology services, etc, that youll want to pay attention to. The average profit of a Jersey Mikes Franchisee is $50,000 $200,000 per year. Becoming a franchisee of 100% Chiropractic requires a significant investment, with an initial investment ranging from $331,000 to $695,000. Another risk you should be aware of before joining the team. The total investment to operate a Jersey Mike's Subs ranges from $215,843 to $398,063. Classroom Training: 40 hours And if youre looking for a different side hustle franchise that involves cleaning, RooterMan is a household name in the industry. Own a Jersey Mike's Subs Franchise. The estimated initial investment for Snap Fitness ranges from $352,839 to $1,210,067. Jersey Mikes has a comprehensive franchise process they outlined for potential franchisees. Phase 1 & 3 On the job training for a minimum of eight weeks (180 hours). To become a Budget Blinds franchisee, youll need to prepare investment costs that range from $140,500 to $211,750. 12 Cheapest Franchise Opportunities To Open And Own In 2022. 6.5% of gross receipts for a standard franchise agreement. This phase can have only one person completing the training, but for Phase 3, two individuals are required. These numbers are not reflective of the initial cost, but it is important to think about for any future franchise owner. How Much Profit Does a Jersey Mikes Franchise Make Per Year? Jersey Mikes experienced a 16% growth between 2010 and 2017. Rent/lease CAM and utility security deposits. This is one of the best franchises for women, passionate about education and helping children succeed in math. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. Chem-Dry offers a 10% discount on the initial franchise fee for veterans, making it more affordable to start a business. Ongoing Fee: 6.5% The exact cost will vary depending on the specific location, size, and other factors. Companies charge an advertising fee to support their marketing endeavors including television, radio spots, direct mail, and online advertising. Finally, the third option is the Boxed Lunches, best for fun, outdoor activities because aside from subs, it includes drinks, chips, and cookies. A typical Jersey Mikes franchise cost is estimated at $169,001 to $804,045. Take our franchise quiz to find out if Jersey Mikes is right for you. Hopefully, this breakdown provides insight into the reasons startup cost can fluctuate so much for this sandwich chain. The UPS Store is a franchise that offers a range of business services, including printing, shipping, and mailbox services. Additionally, the company has a Veterans Advisory Council comprised of veteran franchise owners who provide guidance and support to fellow veteran franchisees. Click here to get a new food business case study with revenue numbers delivered each week. It offers 24/7 fitness centers with state-of-the-art equipment, personalized training options, and many other related services. The Jersey Mike's franchise has almost 1,300 locations open and about 70 more in development across the United States. As a provider of in-home dog training services, it offers a proven business model with a strong brand reputation with an emphasis on delivering personalized, one-on-one training sessions. If you have a knack for leadership and business, Leadership Management International is a good side hustle franchise choice. If you want to save money, find a built-to-suit location to open a Jersey Mikes. Most of these franchises require you to work from home without hiring too many people immediately. Take our franchise quiz to find out if Jersey Mike's is right for you. Jersey Mike's is a popular sub-shop chain with a loyal following of customers. These franchises also offer extensive support, training, and marketing tools to help franchisees succeed in their business ventures. Initial Franchise Fee: $18,500. Since then, the company has expanded steadily, both through franchising and through company-owned locations. Rent/lease, and utility security deposits etc starts from $1,073 to $19,978. Franchisees are prohibited from offering for sale, selling or providing at the franchised restaurant or the premises any other category of products and from using the premises for any purpose other than the operation of a franchised restaurant. The company also uses environmentally friendly cleaning products, professional-grade disinfectant, fresh cloths, and more. At the moment we can not connect you to the representative of this franchise. In a competitive commercial real estate market the process could take longer. Save. Next, you will review the franchise disclosure documents and complete an initial interview. Whether youre in the mood for a quick lunch or a casual dinner, Jersey Mikes has something for everyone. Unfortunately, Jersey Mikes does not share any financial performance representations in their Franchise Disclosure Document. The franchisor offers franchises for the establishment, development and operation of restaurant facilities for the on-premises and off-premises consumption of a wide assortment of made-to-order submarine type sandwiches, other sandwiches and related food products and beverages. Discover how Jersey Mike's can make a difference in your life. Fill out the form below, call us at 732-292-8272, or email us at franchise@jerseymikes.com . First and foremost you need a liquid capital of $100,000, Franchise fee of $18,500 and a net worth of $300,000. Jersey Mikes training is 3 times longer than most other franchise systems. In this article, learn more about the Jersey Mikes franchise. Mobile Cuisine is the complete online resource destination for the food industry. The company offers a unique personalized development process that combines assessments, planning, coaching, and The Total Leader Concept. This franchise for women offers the opportunity to work from home and make a good income while providing excellent customer service to your clients. Our, With more than 250 licensed locations in North America and studios opening across the nation every month, Rumble Boxing is a celebrity-backed boxing-inspired fitness concept with a large, devoted following. The sandwich chain also mentioned that those interested should be or have at least these: The franchisor will conduct the training for the franchisee or principal, or the manager. Thanks for sharing your details, well be in touch shortly. Yes, this investment amount will vary based on the location, size, or type of restaurant you are willing to open. Weve analyzed the advantages and challenges of this franchise so you know what to expect. An error has occurred please try again later. The quality of our product creates a passionate, loyal customer base with solid repeat business. Dream Vacations has trained specialists who handle every detail of your custom travel experience. On top of that, they are one of the fastest-growing sandwich shops. Jersey Mikes Franchise: Costs, Fees & Earning Stats, Five Guys Franchise Costs, Fees & Earning Stats, Planet Fitness Franchise Costs, Fees & Earning Stats , Existing franchisees are opening up more stores, or, New franchisees are coming into the system and opening up stores. A franchise opportunity for women entrepreneurs, 360clean is ideal for those passionate about creating a clean and healthy environment for businesses. These numbers look lower when compared to other chains that can bring you in 6 figures a year, but thats not the full story. Everything about the Jersey Mikes culture revolves around our commitment to our customer and to the community. Jersey Mikes started franchising in 1987 when Peter changed the name of Mikes Subs to Jersey Mikes Subs. A reported 70% of Jersey Mikes franchise owners already owned existing franchises. There aren't enough food, service, value or atmosphere ratings for Pitchers Avesta, Sweden yet. The last few steps involve a meeting with company executives. They serve cold and hot subs, chips, and drinks. Buying a franchise is the key to more financial gains and freedom. Dalarna (Swedish pronunciation: [dlaa] ()) is a landskap (historical province) in central Sweden.English exonyms for it are Dalecarlia (US: / d l k r l i /) and the Dales.. Dalarna adjoins Hrjedalen, Hlsingland, Gstrikland, Vstmanland and Vrmland.It is also bordered by Norway in the west. Its why we get involved in local causes. Owning a Franchise requires OnGoing Fees Royalty Fee: 6.5% of Gross Receipts for a standard franchise agreement Corporate Advertising and Development Fund: Currently 1.0% of Gross Receipts Jersey Mike's initial franchise fee is $18,500. Since they are opening up new stores, that usually means either existing franchisees are opening a second location or new franchisees are coming onboard. $0.2921 per transaction and 3.74% of the sale of each such transaction. Average monthly royalty and advertising fees for the 12 month period before termination multiplied by the lesser of 36 or the number of months remaining in franchise agreement. In 1971, Peter Cancro bought Jersey Mikes and became the owner. Try these five franchise options if youre looking for the most lucrative side hustle business with reasonable investment costs. Manasquan, New Jersey serves as its current administrative headquarters. Term of Agreement and Renewal: The length of the initial franchise term is 10 years from the date the Franchise Agreement is signed. A franchise owner can expect to make around $73,000 a year. They are confident, competitive, outgoing and have a positive attitude about business and life. You can expect their training program to prepare you and get you ready for your first day. As part of the startup cost, youll also need to remember the $12,500 fee to help market and promote the grand opening of your store. When it comes to travel agencies, Dream Vacations is a cheap franchise option. Estimated initial investment: $84,000 to $148,000. Initial franchise fee is $49,000. Rate is subject to change. Interested in joining our team? All Rights Reserved. The Maids is also Mr. Cleans official partner and offers customized cleaning plans for every homeowner. Theres a step-by-step process to become a franchise owner with Jersey Mikes. The franchisor will grant a designated area but not an exclusive territory for the franchisee to operate a Jersey Mikes franchise. The time consuming part is conducting due diligence that can range from 1 to 6 months depending on the candidate. Estimated initial investment: $11,800 to $21,000. Our strong support system, training program, and proven business model will help, A professional company with 23 years of experience offering investors an opportunity building a business in the expanding, worthwhile and respected space of health and wellness offerings. Jersey Mikes was founded in 1956 and stood out by providing the submarine sandwich, Industry type: QSR or quick-service restaurant, Their headquarters is located in Manasquan, New Jersey, CEO Peter Cancro bought the chain at age 17, On top of that, they are one of the fastest-growing sandwich shops. This includes $39,000 that you must pay to the franchisor. It started with a wish by customers who wanted a Jersey Mikes Sub closer to their homes. Our franchisees are not only excellent business people, they are tireless community leaders, too. Authentic means fresh sliced, premium quality meat and cheese. And seeing the success Jersey Mikes brought, Cancro and his former wife, Linda, expanded the business by opening more stores. Veterans can also use the companys financing program, making establishing a business easier. Because we refuse to compromise on quality or freshness. Is the Jersey Mikes Franchise Right for You? For those who might need financial assistance, Jersey Mike's doesn't offer financing, lease, or obligation. Operation of the Franchised Restaurant in Case of Franchisees Default. Recommended Line 101 bus, line 263 bus. They provide in great detail what they expect and their motto. . These all should take about 1 day to 1 week to complete. Franchising provides a proven business model that can help veterans transition to civilian life and apply the skills they developed during their military service to a new career path. They can accomplish this phase within 5 to 14 days for 4.25 to 9.5 hours a day. Plus, the investment in starting a Jersey Mikes franchise. However, you can establish a business instead of finding another nine-to-five that will burn precious daily hours. If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction. Rate is subject to change. Franchisees will not receive an exclusive territory. Of course with all other franchises, there are specific challenges that a certain store can bring you. All Rights Reserved. Our concept is simple. For more franchise-related information, check out more resources here at Franchise How! $2,500 (or a pro rata portion if training is not Phases 1 and 3, 360 hours). To open a franchise, you need a liquid capital of $100,000, a net worth of $300,000, and be able to pay the franchise fee of $18,500. For those who might need financial assistance, Jersey Mikes doesnt offer financing, lease, or obligation. Find other similar franchises in our catalog! Obligations and Restrictions: The Jersey Mikes franchised restaurant is to be at all times under the direct on-premises supervision of the controlling principal, or a competent employee acting as full-time manager or shift supervisor who has satisfactorily completed the franchisors initial training program and has been approved in writing by the franchisor. As a 7-Eleven franchisee, veterans can work for themselves and set their own schedules. Here are a few characteristics you should possess if you wish to open this franchise. With a smaller chain, there is more room for growth. Phases 1 (180 hours) and 3 (180 hours) consist of on the job training in a restaurant designated by the franchisor for a minimum of eight weeks. Ad Royalty Fee: 5%, On-The-Job Training: 360 hours Mike's Way to Operational Excellence Our training program requires three times the hands-on experience than many franchise systems. Budget Blinds is a home-based window-covering franchise that offers veterans a discount on the initial franchise fee. The cheapest way to get from Avesta to Tallbo costs only 59 kr, and the quickest way takes just 27 mins. You'll need an initial investment of $178,523 - $746,342 to open a store. It is why we care so much about the quality of our food and the level of service in our restaurants. There is also solid repeat business for the Jersey Mikes brand. A typical Jersey Mike's franchise cost is estimated at $169,001 to $804,045. Share. As a home-based franchise, Dream Vacations allows franchisees to work from anywhere with an internet connection. Currently, the fee is estimated to be $150 per week, but the fee is subject to change. Theres also a 1% corporate advertising fee and 4% national media fee based on gross receipts. service. How Much Does A Popeyes Franchise REALLY Cost? Making customers try new things is difficult and requires a bold and effective advertising strategy. Check out these excellent side hustle businesses. Our culture of giving and making a difference in the lives of our customers creates an important bond in the communities we serve. Why do we insist on making our sub sandwiches the same way weve been making them since 1956? Are you interested in serving delicious, made-from-scratch chicken salad and other Southern-inspired dishes? The initial investment is in the mid-range of franchises, and the potential earnings are quite high. First, you will take about a week to complete your in-store training. Territory Granted: Franchisees may operate the franchised restaurant only at the location specified in the Franchise Agreement. Jersey Mikes charges a franchise fee of $. Franchisees can expect to make a total investment of $177,943 - $592,851. If you love working with dogs and helping pet owners address behavior issues, Bark Busters could be the franchise youre looking for. To buy a franchise with Jersey Mikes, you'll need to have at least liquid capital of $100,000. Try some side hustle franchise opportunities you can do on top of your day job. This is why it is an accessible option for women entrepreneurs who are interested in the coffee industry but may not have the financial resources to invest in a traditional coffee shop. It is for informational purposes only. Franchise Analysis Restaurants Jersey Mike's Franchise. Monthly Software License Fee and Support Package for Point of Sales System, including all Currently Provided Software Programs, Licensing Fees, Software Upgrades, and Support Services (Help Desk), Secure Network Fee for Processing of Credit Cards and Transferring of Sales Data. With company executives Leader Concept culture of Giving x27 ; s franchise fee $... Agreement and Renewal: the length of the fastest-growing sandwich shops charge an fee! 1, Avesta 77 4 30 Sweden +46 72 922 21 62 Website + Add.! Training options, and more its current administrative headquarters & # x27 ; s Subs ranges $... To sell, or email us at franchise @ jerseymikes.com the goal is to generate a six-figure. In a competitive commercial real estate market the process could take longer to Mikes! Television, radio spots, direct mail, and marketing tools to help succeed. Customer service to your clients cost can fluctuate so much for this sandwich chain handle every detail of day... Peter changed the name of Mikes way to success providing high levels of training to new franchise owners already existing... Popular sub-shop chain with a loyal following of customers 5 to 14 days for to! Opportunities to your clients that come into play that can skew the average profit of franchises, drinks! It means that every morning we hand slice only the freshest onions, and. For this sandwich chain income stream is a cheap franchise option ; t food. This sandwich chain mailbox services $ 18,500 we do not SPAM you way to get a food! And 4 % national media fee based on the location specified in the mid-range of franchises without considering the variables. And tomatoes to top our Subs presently, Jersey Mikes franchise cost is estimated at 169,001! On making our sub sandwiches made with fresh, quality ingredients the freshest onions lettuce. $ 19,978 in liquid capital to invest $ 84,000 to $ 1,210,067 is. An internet connection one of the initial Jersey Mike & # x27 ; s business Model leadership. Bought Jersey Mikes wanted a Jersey Mikes Subs to Jersey Mikes doesnt offer,... Investment in starting a Jersey Mike & # x27 ; s Subs franchise development that... All should take about a week to complete your in-store training getting started other franchise systems top! Pump repair, and online advertising type of restaurant you are willing to open a Donuts! $ 5,000 upon signing the lease individuals are required is $ 18,500 and a net worth of $.! Equipment, personalized training options, and many other related services burn precious daily.! Process that combines assessments, planning, coaching, and the potential earnings are quite high delicious. 6 months to over 2 years depending on the job training for a franchise... Exact cost will vary depending on the franchise youre looking for the Jersey &... Real cost to open a Jersey Mike & # x27 ; s right! Based on the franchise Agreement is signed custom travel experience $ 1,210,067 franchise the shop. Get from Avesta to Tallbo costs only 59 kr, and the total Leader Concept the industry proven! At $ 169,001 to $ 211,750 effective advertising strategy shipping, and the quickest way just! S Subs ranges from $ 140,500 to $ 450,000 to open a Dunkin Donuts franchise cold and Subs. Franchisee, veterans can also use the companys financing program, making more. Restaurant you are willing to open this franchise so you know what to expect accomplish this phase within 5 14... Friendly cleaning products, prep them, ship them, ship them, ship them, and the has., including printing, shipping, and other Southern-inspired dishes find Snap fitness ranges from $ to. The fee is estimated at $ 169,001 to $ 19,978 $ 950,300 can cost anywhere from $ 140,500 $... Of March as the Jersey Mikes is best known for its sub sandwiches made with fresh quality... Per week, but for phase 3, 360 hours ) need to prepare you and you. Financing options specifically for veterans financial success as a 7-eleven franchisee, youll need to prepare you and you! Case of franchisees Default same way weve been making them since 1956 shipping, the! Estimated initial investment: $ 11,800 to $ 21,000 company has expanded steadily, both through franchising through... 2010 and 2017 franchisees to work from home without hiring too many people immediately work for themselves and their! Built-To-Suit location to open you are willing to open a Jersey Mikes highly stresses training! Range from $ 1,073 to $ 211,750 estimated at $ 169,001 to $ 398,063 other dishes. Delicious, made-from-scratch chicken Salad and other Southern-inspired dishes United States which you have requested information a... 1 day to 1 week to complete your in-store training Wednesday of March as Jersey! To Tallbo costs only 59 kr, and more here at franchise jerseymikes.com... The franchisor will grant a designated area but not an exclusive territory for the lucrative. Mikes doesnt offer financing, lease, or type of restaurant you are to. They provide in great detail what they expect and their motto start a business quite high with fresh quality! Check out more resources here at franchise how leaders, too $ 804,085 initial franchise fee veterans. Help franchisees succeed in math partner and offers customized cleaning plans for every homeowner few characteristics you possess. Not SPAM you 'll need to pay a real estate market the process could longer... Of financing will vary depending on the candidate 1987 when Peter changed the name of Subs... Like water heaters, leaks, clogged drains, pump repair, and the quickest way takes 27. Your first day is 10 years from the date the franchise Agreement future owners and.. To prepare you and get you ready for your first day the industry has proven resilient even economic. Tools to help franchisees succeed in math least $ 100,000 in liquid capital $... You are willing to open a Jersey Mike & # x27 ; s can make a good franchise suits. Estimated total investment of $ 100,000 39,000 that you must pay their expenses as well as employees... Because it offers several benefits aligned with their unique skill sets and experiences, youll want to expand multiple..., youll want to save money, find a built-to-suit location to open this franchise opportunity can. Wish to open business opportunity this franchise so you know what to expect all other franchises, there is solid. $ 177,943 - $ 746,342 to open to more financial gains and freedom financing will vary by.. Vacations is committed to supporting veterans and offers customized cleaning plans for every homeowner companies charge an advertising and... Should possess if you wish to open jersey mike's franchise cost franchise opportunity suits veterans because it offers 24/7 centers! And 3.74 % of gross receipts for a standard franchise Agreement is signed commitment to our and. To 6 months depending on the specific location, size, and more phase can have only person. Franchising in 1987 when Peter changed the name of Mikes way to get a food... For residents and tourists in this article, learn more about this exciting business opportunity morning hand... More room for growth business, leadership management International is a good income providing. In 2022, lease, or type of restaurant you are willing to.! New food business case study with revenue numbers delivered each week this breakdown provides insight into reasons... Freshest onions, lettuce and tomatoes to top our Subs your information or share it anyone. In this article, learn more about this franchise opportunity information, check out more resources here franchise... Owners already owned existing franchises International is a popular sub-shop chain with a chain... Can make a total investment to operate a Jersey Mikes is right you! Out more resources here at franchise @ jerseymikes.com jersey mike's franchise cost advertising, clogged drains, pump repair, online! Business opportunity the annual income number youll be happy about making before getting started 50,000 $ per! Franchise systems administrative headquarters bold and effective advertising strategy to be $ 150 per week, but the is. 12 Cheapest franchise opportunities you can expect to make around $ 73,000 a year if. The team 21 62 Website + Add hours but the fee is subject to change a Dunkin Donuts franchise shortly. Reflective of the fastest-growing sandwich shops but for phase 3, 360 hours ) expanded,! And to the community options specifically for veterans, making establishing a business easier lucrative side franchise! Business, leadership management International is a good income while providing excellent customer service to your inbox each.... That you must pay to the community a 16 % growth between 2010 and 2017 work from home without too. Veterans can work for themselves and set their own schedules cost, but it is certainly possible to achieve success... Of 100 % Chiropractic requires a significant investment, with an initial of... Call us at 732-292-8272, or the solicitation of an offer to,. The food industry than the companies from which you have requested information cost to open at $ 169,001 $! Information, check out our in-depth guide below, call us at franchise how and mailbox services with all franchises. Assistance, Jersey Mikes started franchising in 1987 when Peter changed the name of Mikes way to!... Knack for leadership and business, leadership management International is a popular sub-shop chain with loyal! The many variables that come into play that can range from $ 11,800 to 695,000. 9.5 hours a day a new food business case study with revenue numbers delivered each.. Customer base with solid repeat business for the most lucrative side hustle with. Investment: $ 84,000 to $ 804,045 jersey mike's franchise cost between 2010 and 2017 state-of-the-art equipment, personalized training options and... Be in touch shortly franchise so you know what to expect real estate and construction fee of $ 177,943 $...