Join 50,000+ food founders, vendors, and suppliers who are already members. Some work two to three and even up to four jobs to make ends meet. Though it can be seen as a positive that it is a smaller franchise, it may be difficult to pick up new customers in their community who have never heard about it. Reasonable cost of inspection and actual cost of test. Interested in joining our team? We don't share our mailing list. All costs including attorneys fees. 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. Becoming a franchisee of 100% Chiropractic requires a significant investment, with an initial investment ranging from $331,000 to $695,000. 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. Women entrepreneurs interested in the fitness industry will find Snap Fitness a good franchise opportunity. These all should take about 1 day to 1 week to complete. However, Jersey Mike's did start the Coach Rod Smith Program. Corporate Advertising and Development Fund. The estimated total investment cost ranges between $65,700 and $99,500. Mike's Way to Operational Excellence Our training program requires three times the hands-on experience than many franchise systems. Individual Unit Costs Initial Investment: $169,001-$804,085 Initial Franchise Fee: $18,500 An error has occurred please try again later. These numbers look lower when compared to other chains that can bring you in 6 figures a year, but thats not the full story. They can change franchise fees and give a discount for veterans. However, you can establish a business instead of finding another nine-to-five that will burn precious daily hours. But before you get too excited, you should be aware of the franchise fee. How much does an Jersey Mike's Subs business cost to open? $12,500; $5,000 for transfers or relocations. Call us at 732-292-8272 or email us at franchise@jerseymikes.com. Phase 1 & 3 On the job training for a minimum of eight weeks (180 hours). 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 currently headquartered in Manasquan, New Jersey. Rolling Suds focuses on, Ready to join the future of online shopping? Jersey Mikes is a popular sub-shop chain with a loyal following of customers. 6.5% of gross receipts for a standard franchise agreement. However, sometimes it means the brand is overselling locations or taking advantage of franchisees, which is exactly what happened when Quiznos collapsed. ASK QUESTIONS ABOUT THE FRANCHISE, Distributorship Opportunities For Business, the terms of The total investment required to own a Naturals2Go franchise ranges from $52,000 to $260,000, depending on factors such as the number of vending machines and the location of the franchise. It started with a wish by customers who wanted a Jersey Mikes Sub closer to their homes. Finally, youre ready to open up your next franchise. 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. If you love working with dogs and helping pet owners address behavior issues, Bark Busters could be the franchise youre looking for. 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. Compare the profit you are seeking to comparable businesses in your area. There is an initial franchise fee of $18,500 which grants you the license to run a business under the Jersey Mike's Submarines & Salads name. $6.00 - $9.00 per delivery, varying based on delivery distance. Ever. Estimated initial investment: $11,800 to $21,000. Culture: Why Giving Works. Five owners and their restaurants share the honor of having the 1000th restaurant opened on October 14. Dream Vacations is committed to supporting veterans and offers discounted franchise fees and financing options specifically for veterans. JMFS will select individuals in its sole discretion. Find other similar franchises in our catalog! Wow, glad you're interested in so many businesses! What Does a Jersey Mike's Franchise Cost? The restaurant business has its own set of challenges. It will help you by bringing back customers again and again to satisfy their craving for authenticity. They also have autonomy over their business, which can be a desirable change from the structure of military life. It all happens on the store level at Jersey Mikes, and our experience tells us that the right operator is absolutely imperative to running a successful and profitable business. Ranked 22nd on the Entrepreneur Franchise 500 list, The Maids is the most reliable residential cleaning service in the United States and Canada. Franchise Gator Top 100 (2017); Franchise Gator Fastest Growing (2017), Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming. Some of their services are roadside assistance, key duplication, damage-free lockout services, electronic home locks, etc. For every franchise, you are going to have a royalty feed, and for most, there will be an advertising / marketing fee. 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 second is Subs by the Bag, which includes Mini subs (serves: 1), regular, tub, or wrap (serves: 2), and giant (serves: 4). 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. The UPS Store is a franchise that offers a range of business services, including printing, shipping, and mailbox services. Add a photo. For those who might need financial assistance, Jersey Mikes doesnt offer financing, lease, or obligation. The company has connections in the travel industry, making their service fast and top-notch. Your email address will not be published. They provide in great detail what they expect and their motto. Their fully trained experts are insured, licensed, bonded, and certified. Inflation has pushed the peoples limits to the brink of exhaustion. But how much does a Jersey Mikes franchise cost? service. General Contractor and Architect Approval, Operation of the Franchised Restaurant in Case of the Franchisees Absence, Incapacity or Death. Classroom Training: 40 hours $75 per hour, plus expenses. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about. But if youre looking for a great fast-food franchise, then Jersey Mikes is a great option. This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. Our 99% fat free turkey is whole muscle meat with no fillers. If you enjoy traveling, a Dream Vacations franchise would be the perfect fit. Not Sure What Franchise to Start? 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. They are passionate about the Jersey Mikes concept, care about their local community and recognize the value of a proven system. We provide our customers with the freshest, highest quality sub sandwiches available, prepared right in front of them and served with energy and enthusiasm. Before we move onto the average profit a franchise owner would make, here are a few key facts that you may come across when conducting your own research about the company. Franchise Description: The franchisor is A Sub Above, LLC, a subsidiary of Jersey Mikes Franchise Systems, Inc. (JMFS). Its important to consider what the annual income number youll be happy about making before getting started. The company also uses environmentally friendly cleaning products, professional-grade disinfectant, fresh cloths, and more. 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. How Much Does It Really Cost to Open a Chick-fil-A Franchise? Chem-Dry is a franchise company that provides carpet and upholstery cleaning services. 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. He shares his expertise in the business and leadership department, has shown over a thousand presentations, and has spoken in front of millions of people. Today, Jersey Mikes has a presence in 48 states, with particularly high concentrations in Texas, California, New Jersey, North Carolina, and Florida. Unfortunately, Jersey Mikes does not share any financial performance representations in their Franchise Disclosure Document. The upside is that they have a relatively cheap franchise fee and a diverse set of franchise owners. 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. Ignoring plumbing issues, such as low water pressure, discolored water, or slow drains, will cause more headaches in the future. *. Founded in 1979, the company has over 180 franchise stores in over 90 major US and Canadian cities. 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. This is the one of the most ideal franchises for women who want access to a successful business model. How Much Does It Really Cost to Open a Subway Franchise? Finally, the third option is the Boxed Lunches, best for fun, outdoor activities because aside from subs, it includes drinks, chips, and cookies. This is the companys leading solution to achieving important goals. Depending on the real estate availability, a typical timeline looks somewhere between 3 to 6 months. Support. Required fields are marked *. Markustorget 1, Avesta 77 4 30 Sweden +46 72 922 21 62 Website + Add hours. 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