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Jersey Mike’s Franchise | Getting Started

The volatile economy has left many facing the harsh reality of corporate layoffs and the prospect of pursuing a new career path. While these can be daunting times, they can also open the door to explore a different avenue; the world of franchising. Investing in a franchise can provide a steady stream of income and financial security. That’s why we’re here to provide you with all the information you need to know about the Jersey Mike’s franchise so you can make an informed decision.

What Is Jersey Mike’s?

Founded in 1956, Jersey Mike’s is one of the most popular fast-casual restaurant chains in the United States. It serves up hot and cold subs (over sized sandwiches) as well as breakfast options such as bagels and wraps made with fresh ingredients. Jersey Mike’s prides itself on providing customers with a high quality dining experience, top-notch customer service and neighborhood-friendly environment. With over 1,500 locations in the United States and plans for more expansion, now may be the perfect time to invest in a Jersey Mike’s franchise.

What Does It Cost To Invest In A Jersey Mike’s Franchise?

The initial franchise fee for a Jersey Mike’s franchise will vary between $20,000 and $35,000. Additionally, the total cost of opening a single Jersey Mike’s franchise could be anywhere between $300,000 and $450,000. This cost covers sets such as equipment, real estate, fixtures, signage, furniture, and insured capital. It’s important to remember that these estimates vary greatly depending on a number of factors, such as the size and location of the franchise.

What Are The Requirements to Become A Jersey Mike’s Franchisee?

In order to open a Jersey Mike’s franchise, you must currently or previously operated a foodservice related business in the past five years. You must also have business experience, such as management or customer service in the food service industry (considered a plus) and have a net worth of $400,000, with $100,000 of liquid capital. There are also strict operational processes that must be followed and maintained. All franchisees must adhere to company-specified guidelines when it comes to staffing, advertising, and expansion.

What Recognition Does A Jersey Mike’s Franchise Have?

When evaluating any potential business opportunity, it is always important to consider the brand recognition that comes with it. Jersey Mike’s is one of the most well-known brands in the fast-casual dining industry, and it is continually expanding. It has been featured in multiple publications such as Forbes, Entrepreneur, and the Washington Post, and has consistently been ranked as one of the fastest growing franchises in the United States. The brand also frequently appears on lists of top franchise opportunities in the country, and it has a loyal customer base that helps support ongoing success.

What Support Can I Receive As A Franchisee?

When investing in a Jersey Mike’s franchise, you will receive extensive support both pre- and post-launch. Jersey Mike’s offers a range of services, such as real estate selection, hiring assistance, operational support, marketing help, and more. Additionally, all franchisees receive training sessions and ongoing field support from the construction manager and personnel at the local, regional, and national levels. The Jersey Mike’s team also constantly works to stay ahead of industry trends so that franchisees are always informed about the latest developments.

Should I Invest In A Jersey Mike’s Franchise?

Investing in a Jersey Mike’s franchise could potentially be lucrative, as it is a well-known brand with high customer loyalty. However, it is important to consider all the costs associated with investing in a franchise, as well as the franchise requirements and support. Additionally, it is always a good idea to consult with an experienced franchise broker who can guide you through the steps of investing in a franchise with guidance and insight.

Topics:

Retail,

Franchising,

Restaurant Franchising

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