Jersey Mike's franchise for sale
When a Jersey Mike's location goes up for sale, it's already an open restaurant. The owner sells it to you, but the sale can't close until Jersey Mike's approves you.
Buying a Jersey Mike's franchise from its owner
- Fee to transfer
- $15,000 for each restaurant, due at closing. Item 6, 2026 FDD
- Sales to new owners during 2025
- 218; 77 in 2024, after 96 in 2023.; The share is 6.8%, out of 3,201 franchised units. Item 20, 2026 FDD
- Jersey Mike's gets the first chance to buy it
- Yes, 15 days.It holds a right of first refusal on whatever terms your offer sets. Item 17, 2026 FDD
- Instead, a new Jersey Mike's
- Between $436,176 and $1,162,228.That's the full cost of opening one. Item 7, 2026 FDD
Jersey Mike's sale approval: what it asks first
- That restaurant must be open for business.
- As the buyer, you must apply and meet the franchisor's standards for new franchisees.
- The buyer must pay all related fees and complete the initial training program.
- Sellers sign a general release covering any claims against the franchisor.
- Sellers pay all amounts still owed, whether to the franchisor, its affiliates or third-party suppliers.
- Every deficiency must be cured, which covers refurbishment and upgrades to meet current standards.
- A $15,000 transfer fee goes to the franchisor.
Jersey Mike's units that new owners bought
| Year | Units transferred |
|---|---|
| 2023 | 96 |
| 2024 | 77 |
| 2025 | 218 |
Item 20 of the FDD is the source of these counts. It also gives contact details for owners who sold a unit or left in the last year. Before you make an offer, call a few of them.
Where to look for a Jersey Mike's location that's for sale
The FDD doesn't name which units are for sale. You'll find owners selling through business brokers and listing sites, so also ask Jersey Mike's's franchise team whether a nearby owner is selling.
It's the seller who sets the price. Request profit and loss statements covering three years, and compare the asking price with the $436,176 to $1,162,228 it costs to open a new Jersey Mike's.
Each figure on this page comes out of the 2026 Jersey Mike's Franchise Disclosure Document, specifically Items 6, 17 and 20. A Sub Above, LLC filed it at the Minnesota Department of Commerce.
Other franchises you can buy
Buying a Jersey Mike's franchise from its owner?
One franchise attorney can check the transfer terms and the agreement you would take over. Send your details and they will contact you.
