Jersey Mike's franchise: cost, fees and total investment
Short answer: The Jersey Mike's franchise fee is $18,500 and the total initial investment ranges from $181,903 to $1,413,592, with about $100,000 in liquid cash required, based on franchise disclosure data compiled in October 2026. Confirm current figures in Items 5 and 7 of the Jersey Mike's FDD.
What are the Jersey Mike's franchise fees and investment?
The Jersey Mike's franchise requires a franchise fee of $18,500 and a total initial investment of $181,903 to $1,413,592. The franchise fee is one line inside the total investment, which also covers location, equipment, opening inventory and working capital.
| Franchise fee (FDD Item 5) | $18,500 |
|---|---|
| Total initial investment (FDD Item 7) | $181,903 to $1,413,592 |
| Minimum liquid cash | $100,000 |
| US locations | 2,989 |
| Industry | Food & Restaurant (Quick Service) |
| Headquarters | Manasquan, New Jersey |
| Founded | 1986 |
| Franchising since | 1987 |
How does the Jersey Mike's investment compare with other food & restaurant franchises?
Jersey Mike's's minimum investment of $181,903 is at or below the median minimum investment of $297,082 across the 1213 food & restaurant franchises in the SelectFranchiseList database. 890 of the other 1211 brands in this industry start at a higher investment. Its franchise fee starting at $18,500 compares with an industry median of $35,000.
By minimum investment, Jersey Mike's belongs with franchises from $100,000 to $250,000.
What should you verify in the Jersey Mike's FDD?
Verify six parts of the Jersey Mike's Franchise Disclosure Document before you sign, because figures change with every annual FDD:
- Item 5 and Item 6: the current franchise fee, royalty, marketing fund and technology fees.
- Item 7: the full investment range by expense line, including working capital.
- Item 19: whether Jersey Mike's discloses financial performance data, and which units it covers.
- Item 20: openings, closures and transfers, plus contacts for current and former franchisees.
- Item 21: the franchisor's audited financial statements.
- Item 12: whether your territory is protected.
The full list of Items is in the FDD guide. You must receive the FDD at least 14 calendar days before you sign a binding agreement or pay any money.
Which franchises are similar to Jersey Mike's?
These food & restaurant franchises have the closest minimum investment to Jersey Mike's:
| Franchise | Franchise fee | Total investment |
|---|---|---|
| Seattle's Best Coffee | $30,000 | $181,835 to $445,035 |
| CoCoHoDo | $35,000 | $182,500 to $300,000 |
| Submarina California Subs | $10,000 to $15,000 | $182,500 to $370,250 |
| Jazen Tea | $10,000 | $182,600 to $389,930 |
| BP Smokehouse | $40,000 | $181,150 to $282,000 |
See every brand in food & restaurant franchises.
Frequently asked questions
How much does a Jersey Mike's franchise cost?
The total initial investment for a Jersey Mike's franchise ranges from $181,903 to $1,413,592, including a franchise fee of $18,500, according to franchise disclosure data compiled in October 2026. The exact amount depends on location, build-out and working capital, as shown in Item 7 of the FDD.
How much cash do you need to open a Jersey Mike's franchise?
Jersey Mike's lists a minimum of about $100,000 in liquid cash. Lenders usually finance part of the remaining investment, and the franchisor confirms its capital requirements during qualification.
How many Jersey Mike's locations are there?
Jersey Mike's reported 2,989 US locations in the data compiled in October 2026. Item 20 of the FDD shows openings, closures and transfers for the last three years.
How long has Jersey Mike's been franchising?
Jersey Mike's started offering franchises in 1987 after the company was founded in 1986.
Figures are compiled from franchise disclosure data and public franchise listings as of October 2026 and may have changed. Jersey Mike's and its trademarks belong to their owner; SelectFranchiseList is not affiliated with or endorsed by Jersey Mike's. This page is not an offer to sell a franchise. Only the franchisor's current FDD is authoritative.