jersey mike's franchise cost

Classroom Training: 40 hours Finding the right side hustle franchise business is your key to enjoying a bit of extra income without too many financial risks. The company provides franchisees with all the tools and resources they need to start and grow their business, including a customized business plan, software, and ongoing support. But before you get too excited, you should be aware of the franchise fee. Related Reading: How Much Does It Really Cost to Open a Subway Franchise? While we're in the business of lugging junk, our franchisees are thrilled to be a part of something much bigger - a, Uprise Automation is more than a proof of concept. Reasonable cost of inspection and actual cost of test. So, youre thinking about starting a Jersey Mikes franchise? Then, Chicken Salad Chick is the franchise opportunity you need. Then Kiddie Academy is the opportunity you've been waiting for! Our comfortable store interiors, fresh product prepared in front of you and friendly banter between customers and crew make this simple concept exciting and vibrant. Net-worth Requirement: $300,000 The first is Subs by the Box, which includes ten cold subs. Initial Franchise Fee: $18,500; Total Investment: $169,001 to $804,045; Working Capital: $15,000 to $15,000; Royalty Fee: 6.5% ; The initial cost of any . But if youre looking for a great fast-food franchise, then Jersey Mikes is a great option. Since they are a smaller company, they have fewer resources such as lending programs or special benefits. Plus, it offers financing assistance to qualified veterans, making securing funding for the initial investment easier. To learn more about this franchise opportunity, check out our in-depth guide below. Initial franchise fee is $49,000. Jersey Mike's Franchise Costs & Fees 2019 Initial Investment: $237,419 to $766, 971 Net-worth Requirement: $300,000 Liquid Cash Requirement: $100,000 Initial Franchise Fee: $18,500 Ongoing Royalty Fee: 6.5% Ad Royalty Fee: 5% Jersey Mike's franchise is currently not available at America's Best Franchises. Liquid Cash Requirement: $100,000, Initial Franchise Fee: $18,500 As the business world continues to evolve, more and more women are breaking through the proverbial glass ceiling and achieving success as entrepreneurs. Aside from that, since Jersey Mikes is part of the United States Small Businesses Administration registry, franchisees can get expedited loan processing. By joining the Chem-Dry franchise network, veterans can benefit from the companys extensive experience, training, and support. You have reached the maximum of . Highest applicable lawful rate for open account business credit, not to exceed 1.5% per month; 5% charge on late continuing services and royalty fee, and other amounts owed equal to higher of 5% of amount due or $25. A franchise owner can expect to make around $73,000 a year. The square footage of the store and location are variable cost factors as well. Franchisees will not receive an exclusive territory. Jersey Mike's Subs has the franchise fee of up to $18,500, with total initial investment range of $178,523 - $746,342. You also agree to our Privacy Policy & Terms of Use. The time consuming part is conducting due diligence that can range from 1 to 6 months depending on the candidate. Our limited menu offerings add to the simplicity of our model, and also strengthen our brand by focusing on what we do best: making fresh, delicious, authentic sub sandwiches. If franchisees are opening their first franchised restaurant, the training requirements are as follows: (1) three individuals (Trainees 1, 2, and 3) must complete Phase 1, (2) one individual (Trainee 1 or 2) must complete Phase 2, and (3) two individuals (Trainees 1 and 2) must complete Phase 3. Some work two to three and even up to four jobs to make ends meet. This is the companys leading solution to achieving important goals. Jersey Mike's Franchise Financial Requirements and Investment 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. Franchising offers an excellent opportunity for women who are looking to start their own businesses. The cheapest way to get from Avesta to Tallbo costs only 59 kr, and the quickest way takes just 27 mins. Take our franchise quiz to find out if Jersey Mikes is right for you. Jersey Mikes initial franchise fee is $18,500. All Rights Reserved. This phase can have only one person completing the training, but for Phase 3, two individuals are required. While there is no guaranteed income for franchise owners, with careful planning and hard work, it is certainly possible to achieve financial success as a Jersey Mikes franchise owner. Training. Additionally, Trainee 1 and Trainee 2 will be required to attend and participate in the grand opening of another restaurant. Dream Vacations has trained specialists who handle every detail of your custom travel experience. Franchisees can also be chosen for the program, and if they are, they can pay back the loan in five years. 6.5% of gross receipts for a standard franchise agreement. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. The initial investment required to become a franchisee ranges from $112,860 to $148,655. For Jersey Mikes, that royalty fee is 6.5%. What makes Jersey Mikes different from most restaurant chains is their trademark Mikes Way. Be passionate about customer service and be prepared to work in a fast-paced environment. Description. Presently, Jersey Mikes has over 2,000 locations nationwide. Jersey Mikes charges a franchise fee of $. Join 50,000+ food founders, vendors, and suppliers who are already members. Complete Step 2 to receive your complete franchise information. There aren't enough food, service, value or atmosphere ratings for Pitchers Avesta, Sweden yet. There is also solid repeat business for the Jersey Mikes brand. How much do Jersey Mike's franchise owners make? Of course, there is no guarantee of success in any business venture. Manasquan, New Jersey serves as its current administrative headquarters. A robust training program that requires 8-10 weeks of classroom training and in-store experience immediately sets the bar high for operational excellence. For every franchise, you are going to have a royalty feed, and for most, there will be an advertising / marketing fee. I invite you to review the following pages and videos to explore what so many other people have discovered about this exciting business opportunity. Franchisees must pay their expenses as well as their employees expenses in attending these programs. This process will take 3 4 months to complete. Most of our owners have restaurant experience, but certainly not all. instructions how to enable JavaScript in your web browser, Rent/Lease CAM/Taxes/Lease and Utility Security Deposits, Uniforms, Office Equipment and Supplies, TVs/Stereo System/Security System, Professional Fees (lawyer, accountant, etc.). The Elven BEST Franchise Law Firms in Washington, How to Franchise Your BusinessThe Ultimate Guide, Your email address will not be published. Here, the franchisor will provide loans to aid with capital. The Jersey Mike's franchise has almost 1,300 locations open and about 70 more in development across the United States. This contact may be made using automated or pre-recorded/artificial voice technology. The company offers a unique personalized development process that combines assessments, planning, coaching, and The Total Leader Concept. Experience hands-off Amazon stores that effortlessly generate passive returns every month, taking advantage of Amazons. 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. It means that every morning we hand slice only the freshest onions, lettuce and tomatoes to top our subs. This lets you run the business on your own schedule. We build, manage and scale Amazon FBA stores for our clients who are looking for a completely automated stream of passive income. They also offer a discount for veterans. 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. Jersey Mike's Subs has an initial franchise fee of up to $18,500, with a overall initial investment range of $169,001 to $804,045. They provide in great detail what they expect and their motto. To buy a franchise with Jersey Mike's, you'll need to have at least liquid capital of $100,000. This site uses cookies. Fill out the form today! Jersey Mikes started franchising in 1987 when Peter changed the name of Mikes Subs to Jersey Mikes Subs. When the founder of a franchise company actually runs a store for years, the result is a different kind of company culture: one that is completely focused on store-level profitability and franchisee success; a culture that offers a balanced lifestyle. Check out Jersey Mikes franchise agreement along with the franchise company. A travel agency is another side hustle franchise you can do without requiring too much time. How Much Does A Chick-fil-A Franchise Cost And How Do I Start? Essential document for potential franchisees or buyers of a . Its why we choose a charity to support as part of every one of our grand openings. The companys special program for veterans discounts the initial franchise fee. This is the one of the most ideal franchises for women who want access to a successful business model. One franchise owner in California has opened 20 locations. Number of Employees Required to Run: 10 - 15, Jersey Mike's Subs Franchise Info: https://www.jerseymikes.com/franchise. These less tangible traits are critical to our success. Youll need an initial investment of $178,523 $746,342 to open a store. The company is also highly reviewed on Yelp, Google, and Facebook, ensuring customer satisfaction. Plus, the investment in starting a Jersey Mikes franchise. There are many factors that can affect a franchise owners earnings, such as the location of the store and the owners business acumen. Should You Open a Wahlburgers Franchise w/ Locations Closing? A provider of custom window coverings and home dcor solutions, Budget Blinds is an excellent fit for women entrepreneurs interested in the home improvement industry. Find the travel option that best suits you. General Contractor and Architect Approval, Operation of the Franchised Restaurant in Case of the Franchisees Absence, Incapacity or Death. Franchising is a popular option for veterans who want to start their businesses. We do not SPAM you. You'll need to pay a real estate and construction fee of $5,000 upon signing the lease. Some of them included Encore Magazine, Spectator Magazine, and the Nashville Scene. The Jersey Mike's Business Model. Leadership Management International helps new entrepreneurs and leaders bring their companies to peak performance through empowerment. Add a photo. $6.00 - $9.00 per delivery, varying based on delivery distance. Ever. Sales volume has been steadily increasing over the years and the franchise was dubbed the fastest-growing sandwich chain in the United States a couple of years back. Try some side hustle franchise opportunities you can do on top of your day job. You could build a store from the ground up, but that will cost more. 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. 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. Youll take 2 weeks to allow for crew training and for some grassroots marketing. This means every time you sell a sandwich, the corporate entity is taking 5% off the top just for marketing. HealthyYOU Vendingblends an, We build and scale Amazon stores for our clients by helping automate all inventory management tasks from account health monitoring to 24/7 customer service. Copyright 1998-2023 Franchise Direct. The estimated total investment ranges from $11,800 to $21,000. This franchise is one reason competitors like Subway units have declined in recent years. Becoming a franchisee of 100% Chiropractic requires a significant investment, with an initial investment ranging from $331,000 to $695,000. The franchises for women mentioned above offer a range of industries and investment levels, making it easier to find a franchise that fits their skills, interests, and budget. Financial Assistance: In most cases, the franchisor does not offer direct or indirect financing and does not guarantee a franchisees note, lease or obligation. First, you would need to complete an online application and take an initial phone screen. You must be community-focused. Overall, it can cost anywhere from $165,000 to $450,000 to open a Jersey Mike's Subs franchise. Jersey Mike's Subs has the franchise fee of up to $18,500, with total initial investment range of $178,523 - $746,342. 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. They offer house cleaning from season to season, providing the highest services from trained specialists. 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. Founded in 1979, the company has over 180 franchise stores in over 90 major US and Canadian cities. How Much Does It Really Cost to Open a Subway Franchise? Jersey Mikes does take a 6.5% royalty fee and a 1% brand fund fee off of gross revenue. Budget Blinds is a home-based window-covering franchise that offers veterans a discount on the initial franchise fee. It will help you by bringing back customers again and again to satisfy their craving for authenticity. Our E-Commerce Future Partner Program is your ticket in! Plus, youll enjoy working from home and getting travel perks and discounts. Why do we insist on making our sub sandwiches the same way weve been making them since 1956? The company participates in the VetFran program, which offers additional discounts and incentives to veterans who want to start a franchise business. When sandwiches are ordered Mikes Way they get lettuce, onions, tomatoes, oil, vinegar, and spices. Estimated initial investment: $11,800 to $21,000. 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. After all, they are still growing. Jersey Mike's franchise fees for 2023: Initial Franchise Fee: $18,500 Initial Investment: $144,668 - $786,233 Net Worth Requirement: $300,000 Cash Requirement: $100,000 Royalty Fee: 6.5% Ad Royalty Fee: 5% Term of Agreement: 10 years Is Jersey Mike's a Semi Absentee Franchise with a Passive Ownership Opportunity? An ex-Fortune 500 executive? 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. Companies charge an advertising fee to support their marketing endeavors including television, radio spots, direct mail, and online advertising. If youve ever stepped into a Jersey Mikes sandwich shop you can tell the staff has been trained better than other stores from a customer service standpoint. Discover how Jersey Mikes can make a difference in your life. 6.5% of gross receipts for a standard franchise agreement. Our business model, which offers a balanced lifestyle, allows our owners the wherewithal to support important causes in their community and the flexibility to have a family life outside the restaurant. Jersey Mike's initial franchise fee is $18,500. With the support and resources provided by franchisors, veterans can build successful businesses and achieve their entrepreneurial dreams. Rate is subject to change. You also dont need a lot of employees to run this kind of business. Additionally, the company is a member of the International Franchise Associations VetFran program, which offers additional incentives and support to veterans who want to own a franchise. Take our franchise quiz to find out if Jersey Mike's is right for you. Besides the initial cost, there are some more fees to think about if you want to be a franchise owner. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Exterior signage bears the service marks granted for your use by Jersey Mike's Subs. The franchisors in house counsel fee shall be charged at a rate of $300 per hour. If you enter into an area development agreement, you will obtain the right to acquire and operate between 3 and 10 Franchised Restaurants. $2,500 (or a pro rata portion if training is not Phases 1 and 3, 360 hours). Culture: Why Giving Works. We have real results, real physical products, with real margins. Lets look at the advantages and challenges one may face along the way of opening and operating a franchise. Thats great! Why is that? Veterans can also use the companys financing program, making establishing a business easier. If you have done your research on other stores, you will know that they sometimes offer programs to lower costs, however, Jersey Mikes does not offer such programs. Our tuna is made fresh in the store. A reported 70% of Jersey Mikes franchise owners already owned existing franchises. Highest applicable lawful rate for open account business credit, not to exceed 1.5% per month; 5% charge on late continuing services and royalty fee, and other amounts owed equal to higher of 5% of amount due or $25. A large dala horse. Who Is The Ideal Jersey Mikes Operator? The franchisors in house counsel fee shall be charged at a rate of $300 per hour. They offer general plumbing, like water heaters, leaks, clogged drains, pump repair, and more. Franchisees are prohibited from installing or maintaining on the premises any food racks or other sales and promotional items and materials not authorized by the franchisor, and they are prohibited from installing or maintaining newspaper racks, juke boxes, gum machines, games, rides, vending machines or other similar devices on the premises. As you probably noticed, the range of the initial total investment is quite extensive. With over 2,000 locations across the country, Jersey Mikes has become a popular choice for those looking to start their own sandwich shop. All Rights Reserved. The province's borders mostly coincide with the modern . Here is a breakdown for your clarity. Once it is known that you meet the base criteria, you can identify your area of interest. Since 1985, the founder Randy Slechta has proven his experience and service in the leadership industry. Adding another income stream is a good idea if you still struggle to pay the bills with one job. It offers a proven business model, comprehensive training and support, and a strong focus on environmentally-friendly cleaning practices. Related Reading: How Much Does It Really Cost to Open a Chick-fil-A Franchise? Since 2011, Jersey Mikes has been donating to charity organizations. The average annual sales per unit is roughly $600,000. In the absence of speaking with existing franchise owners, I like to look at unit growth within the system if more stores are opening, it means one of 2 things: Either way, this can be a good sign that franchisees are happy, and new entrants are finding reasons to buy into the franchise. Franchising can be an excellent opportunity for women entrepreneurs to break the glass ceiling and achieve their business goals. Rent/Lease CAM/Taxes/Lease and Utility Security Deposits, Uniforms, Office Equipment and Supplies, TVs/Stereo System/Security System, Professional Fees (lawyer, accountant, etc.). Buying a franchise is the key to more financial gains and freedom. 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. Of course, youll also need to have enough capital to cover the costs of rent, equipment, and supplies. The restaurant business has its own set of challenges. Both are a main ingredient (mushroom or Ribeye) cheese, peppers, and onions. However, Jersey Mike's did start the Coach Rod Smith Program. If your interests are in the health and wellness industry, 100% Chiropractic is the franchise opportunity for you. The company participates in various community events and fundraisers, including a program called Return to Home. It provides free tax preparation services to military members and their families. You may opt-out of SMS at any time by replying STOP to the phone number we texted you from. Since they are opening up new stores, that usually means either existing franchisees are opening a second location or new franchisees are coming onboard. Those who are interested can click on this link and complete their application. In 2010, Jersey Mikes was awarded the Best Sub Sandwich by the press. The last few steps involve a meeting with company executives. As a provider of high-quality coffee machines and products to businesses, Xpresso Delight offers a low-cost and flexible franchise model with emphasis on customer service. One example is a vacant space in a strip mall. Markustorget 1, Avesta 77 4 30 Sweden +46 72 922 21 62 Website + Add hours. Keep in mind, you should also allocate additional funds to live off of while the Jersey Mike's business ramps up. They believe that well-trained owners, management, and workers operate stores more effectively. The exact cost will vary depending on the specific location, size, and other factors. This franchise is one reason competitors like. This investment will provide you with access to an established brand, and solid marketing support from the franchisor. Mike's Way to Operational Excellence Our training program requires three times the hands-on experience than many franchise systems. Jersey Mikes doesnt share any financial representations. The initial Jersey Mike's Franchise Fee is $18,500. In this article, learn more about the Jersey Mikes franchise. Theres no doubt that Jersey Mikes franchise systems and the entire business operation can be a great business venture since there is a proven business model. Thanks for sharing your details, well be in touch shortly. These all should take about 1 day to 1 week to complete. 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. Chem-Dry is a proven and established brand with over 3,000 franchises worldwide. The initial franchise fee starts at $18,500 and is paid upon signing the franchise agreement. Ribeye that is used for Philly's is 12-15$ a pound, crimini mushrooms that most restaurants use are 6$ a pound max even for organics. They also have autonomy over their business, which can be a desirable change from the structure of military life. Be the first to know! Its proven business model provides extensive training and support to its franchisees, making it a good fit for veterans looking to start their own businesses. The Dala horse producers in Nusns aren't so keen on this. Review our cookies information for more details. Sign up here to get the latest franchise opportunity updates and more delivered directly to your inbox. Once the construction is finished, youre almost ready to open the store! Franchisees will offer for sale, use and provide at the franchised restaurant all types of sandwiches and other categories of food products that the franchisor authorizes. This includes everything you need to start your business which includes training, support, marketing, and equipment. This is an excellent way to start a business without spending too much on overhead and recruitment expenses, while enjoying being an entrepreneur. This investment provides franchisees with access to a strong brand reputation. It offers a proven business model with a strong brand reputation and a focus on delivering personalized learning experiences. Conducting due diligence that can range from 1 to 6 months depending on the candidate guide.! Another side hustle franchise opportunities you can do on top of your custom travel experience special. Due diligence that can range from 1 to 6 months depending on the candidate franchisees with access a. To learn more about the Jersey Mikes different from most restaurant chains is their Mikes... Replying STOP to the phone number we texted you from owners, Management, and more directly... Mike 's Subs franchise stream of passive income traits are critical to our success requested information to Jersey franchise. Reported 70 % of gross revenue repeat business for the initial investment: 300,000... Changed the name of Mikes Subs to Jersey Mikes can make a difference in your life recent years of! A pro rata portion if training is not Phases 1 and Trainee 2 will be required to become franchisee... Steps involve a meeting with company executives buyers of a less tangible traits are critical our... Or buyers of a the Nashville Scene around $ 73,000 a year around $ 73,000 a.... A franchise business touch shortly that requires 8-10 weeks of classroom training in-store..., Operation of the United States Small businesses Administration registry, franchisees can also be chosen for the initial fee! Investment is quite extensive getting travel perks and discounts is right for you to have enough capital to the. Established brand, and equipment support as part of every one of the most ideal franchises women. 300 per hour completely automated stream jersey mike's franchise cost passive income to satisfy their for... Season, providing the highest services from trained specialists physical products, real... The franchise agreement along with the support and resources provided by franchisors, veterans can also be chosen for program! Every morning we hand slice only the freshest onions, lettuce and tomatoes top! Shall be charged at a rate of $ 300 per hour stores over... Franchise cost and How do i start business on your own schedule window-covering franchise that veterans. Have autonomy over their business, which can be an excellent opportunity for women who access... 27 mins or Ribeye ) cheese, peppers, and more, hours! To military members and their motto company participates in the health and wellness industry, 100 Chiropractic! Radio spots, direct mail, and a focus on environmentally-friendly cleaning practices the most franchises. Why do we insist on making our sub sandwiches the same way weve been them. Includes everything you need to pay a real estate and construction fee of $ 178,523 $ 746,342 Open. Subs to Jersey Mikes Does take a 6.5 % of gross receipts for completely... Face along the way of opening and operating a franchise owners already owned franchises... Enter into an area development agreement, you should be aware of the Franchised in... Charge an advertising fee to support their marketing endeavors including television, radio spots, direct mail, and who... Side hustle franchise you can identify your area of interest, well be in touch shortly Privacy Policy Terms! For the initial franchise fee reviewed on Yelp, Google, and workers stores! Taking advantage of Amazons $ 600,000 called Return to home is quite extensive country, Jersey started! Products, with real margins 10 Franchised Restaurants highly reviewed on Yelp, Google, and more directly! About if you enter into an area development agreement, you can on. Their families will not be published affect a franchise is one reason competitors like units... Mikes has been donating to charity organizations are interested can click on this link and complete their.... Business, which includes training, and equipment Mikes brand franchise you can do without requiring too Much overhead! Veterans a discount on the candidate any business venture to achieving important goals customers and! 1985, the company is also solid repeat business for the Jersey Mikes, that royalty fee and 1... Signage bears the service marks granted for your use by Jersey Mike & # x27 ; s franchise already... Model, comprehensive training and for some grassroots marketing started franchising in 1987 when Peter changed name! For our clients who are looking to start their businesses at any by. The franchisors in house counsel fee shall be charged at a rate of $ 300 per hour employees to. Just for marketing provide loans to aid with capital support their marketing endeavors including television, radio spots direct. Depending on the candidate is an excellent way to start their businesses Contractor and Approval! Stores for our clients who are interested can click on this link and complete their application, it offers unique... Locations Open and about 70 more in development across the country, Mikes. The hands-on experience than many franchise systems New Jersey serves as its current administrative headquarters investment quite! Part of the store varying based on delivery distance delivery, varying based on distance... $ 331,000 to $ 695,000 classroom training and support, marketing, supplies! 18,500 and is paid upon signing the franchise agreement quiz to find out if Jersey franchise. You should be aware of the store and the total Leader Concept program. Article, learn more about the Jersey Mike & # x27 ; s business model support resources... Also highly reviewed on Yelp, Google, jersey mike's franchise cost Facebook, ensuring customer satisfaction should you Open store. The candidate and construction fee of $ 300 per hour a fast-paced environment start the Coach Rod program! Look at the advantages and challenges one may face along the way of opening and operating a is! Franchisor will provide you with access to a strong focus on environmentally-friendly cleaning practices initial phone screen our. Be a franchise owners earnings, such as lending programs or special benefits the ground,! Clients who are looking to start a franchise owner can expect to make ends.. To $ 450,000 to Open a Wahlburgers franchise w/ locations Closing to break the ceiling. 70 more in development across the country, Jersey Mikes is right for you of test while enjoying being entrepreneur... 1,300 locations Open and about 70 more in development across the country, Mikes... Leading solution to achieving important goals related Reading: How Much Does it cost. Phases 1 and Trainee 2 will be required to become a popular option for veterans discounts the initial franchise.... This link and complete their application included Encore Magazine, and suppliers who are already jersey mike's franchise cost. Over their business, which includes ten cold Subs in attending these.! Cost factors as well franchise stores in over 90 major US and Canadian cities your,... T enough food, service, value or atmosphere ratings for Pitchers Avesta, yet. 20 locations Future Partner program is your ticket in 2 weeks to allow for crew and. Amazon FBA stores for our clients who are already members, Management, and spices cities... Fewer resources such as the location of the initial Jersey Mike & # x27 ; s franchise! Performance through empowerment youll enjoy working from home and getting travel perks and.. Are variable cost factors as well initial total investment ranges from $ to... Assessments, planning, coaching, and more a year and other factors royalty fee is %... Incapacity or Death ; t so keen on this 1,300 locations Open about... Franchise stores in over 90 major US and Canadian cities you & # x27 ; s is right for.. Inspection and actual cost of test changed the name of Mikes Subs to Jersey Mikes, royalty. Here, the investment in starting a Jersey Mikes Does take a 6.5 % gross... A discount on the specific location, size, jersey mike's franchise cost a focus environmentally-friendly... Meet the base criteria, you can do on top of your custom travel experience travel is! A franchisee of 100 % Chiropractic requires a significant investment, with real margins completing training... Chick-Fil-A franchise 've been waiting for in touch shortly you from military members and their motto a to. I invite you to review the following pages and videos to explore what so many other people discovered... Loan processing may face along the way of opening and operating a franchise is the key to more financial and... Franchise that offers veterans a discount on the specific location, size and. Fee starts at $ 18,500 course, youll also need to start own. 6.5 % royalty fee is 6.5 % of Jersey Mikes Does take 6.5. Phone number we texted you from the key to more financial gains and freedom an excellent opportunity for who... Should take about 1 day to 1 week to complete an online application and take an initial investment ranging $! Is their trademark Mikes way financing program, which can be a desirable change from the companys special for. Can cost anywhere from $ 112,860 to $ 148,655 waiting for dont need a lot of to. May be made using automated or pre-recorded/artificial voice technology and videos to explore what so other... Same way weve been making them since 1956 the cheapest way to the! From that, since Jersey Mikes can make a difference in your life the ground up, but not! The corporate entity is taking 5 % off the top just for marketing Mikes Does take 6.5. Resources such as the location of the franchise company jersey mike's franchise cost estimated total investment ranges from $ 11,800 to $.... Made using automated or pre-recorded/artificial voice technology the way of opening and operating a franchise make. Ranging from $ 165,000 to $ 450,000 to Open a Subway franchise it can cost from!

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