Franchise Comparator
Jersey Mike's

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

  1. That restaurant must be open for business.
  2. As the buyer, you must apply and meet the franchisor's standards for new franchisees.
  3. The buyer must pay all related fees and complete the initial training program.
  4. Sellers sign a general release covering any claims against the franchisor.
  5. Sellers pay all amounts still owed, whether to the franchisor, its affiliates or third-party suppliers.
  6. Every deficiency must be cured, which covers refurbishment and upgrades to meet current standards.
  7. A $15,000 transfer fee goes to the franchisor.

Jersey Mike's units that new owners bought

YearUnits transferred
202396
202477
2025218

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.

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