Jersey Mike's franchise: what it costs
A brand must hand you the Franchise Disclosure Document (FDD) before you buy. To open a restaurant, Jersey Mike's 2026 FDD lists $436,176 at the low end and $1,162,228 at the high end.
Cost of a Jersey Mike's franchise, line by line
- Full cost to open
- $436,176 at the low end and $1,162,228 at the high end Item 7, 2026 FDD
- Franchise fee you pay one time at the start
- $20,000 Item 5, 2026 FDD
- Royalty, your ongoing payments to the brand
- 6.5% of the gross receipts you take in Item 6, 2026 FDD
- Marketing fund, which covers shared advertising
- Two advertising funds totaling 5% of gross receipts Item 6, 2026 FDD
- Figures on sales or earnings
- $1,367,578 a year on average across 2,606 locations it counts, before costs Item 19, 2026 FDD
- Location count at year-end 2025
- Franchise owners ran 3,201, the company 26 Item 20, 2026 FDD
Every figure above comes from the 2026 Jersey Mike's Franchise Disclosure Document, which A Sub Above, LLC filed with the Minnesota Department of Commerce; it is dated April 10, 2026, with an August 26, 2026 amendment. Each small label points to the numbered part of the FDD where that figure sits.
Sales and earnings: what Jersey Mike's FDD shares
A brand may use Item 19, one part of the FDD, to report how much its locations sell or make. Jersey Mike's puts figures in it. For 2,606 traditional franchised restaurants, the main figure is $1,367,578 in average yearly sales. All were open more than 360 days during 2025. It is money the store takes in, not profit, because rent, wages and every other cost get paid from it.
Before you lean on any figure it holds, our guide shows how to read Item 19.
Jersey Mike's beside other restaurant franchise options
Among the restaurant franchises on this site, Jersey Mike's costs less to open than most; the middle one starts at $1.34M.
| Brand | Total cost to opentotal, lowest to highest | Upfront feeone-time fee | Royaltyongoing, usually a % of sales | Sales or earnings showndoes the brand show sales figures | Year filed |
|---|---|---|---|---|---|
| Subway | $263K to $630K | $15,000 | 8% | No | 2026 |
| Jimmy John's | $366K to $734K | $35,000 | 6% | Yes | 2026 |
| Firehouse Subs | $405K to $876K | $20,000 | 6% | Yes | 2026 |
| Jersey Mike's | $436K to $1.16M | $20,000 | 6.5% | Yes | 2026 |
| Arby's | $869K to $2.46M | $37,500 | 4% | Yes | 2026 |
| Five Guys | $928K to $1.38M | $25,000 | 6% | No | 2026 |
| Panera Bread | $1.34M to $4.57M | $50,000 | 5% | Yes | 2026 |
| McDonald's | $1.47M to $2.64M | $45,000 | 5% (plus rent) | Yes | 2024 |
| Sonic Drive-In | $1.49M to $2.52M | $15,000 | 5% | Yes | 2026 |
Before you buy, a brand has to hand over its Franchise Disclosure Document (FDD); the brand's latest one is where every figure comes from. Once you open, the royalty is what you keep paying the brand, either a share of sales or a set amount. "Sales or earnings shown" tells you whether the brand says what its locations take in. A K stands for thousand, an M for million. The filing year is the year that FDD was listed with the Minnesota Department of Commerce.
The number of Jersey Mike's locations
At the end of 2025, Jersey Mike's had 3,227 United States locations, with franchise owners running 99% of them (Item 20). In that same part of the FDD, you get phone numbers for owners still running stores and ones who left. Your best way to learn how these costs play out in real life is to call a few of them.
Get the Jersey Mike's FDD read by a franchise attorney
Before you sign, one franchise attorney can go through the Jersey Mike's FDD and franchise agreement with you.