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Jersey Mike’s Franchise | Retail Investment

The retail industry can be brutal, especially when large-scale corporate layoffs occur. But making a comeback doesn’t have to mean starting from scratch. Capitalizing on a proven business model like Jersey Mike’s Subs franchising can sometimes be the best way to jumpstart a return to success. But how can someone laid off from the retail industry go about investing in Jersey Mike’s, a franchise with a robust and growing presence in the United States?

In this article, we’ll answer some of the most Frequently Asked Questions (FAQs) related to investing in Jersey Mike’s Subs, so those looking to invest in a franchise can make an informed decision about the potential of a Jersey Mike’s business. These FAQs apply not only to those in the retail industry, but also to anyone looking for a way to become their own business owner.

Who Is The Parent Company Of Jersey Mike’s Subs?

The Jersey Mike’s Subs franchises are owned by Jersey Mike’s Franchise Systems, Inc., headquartered in Wall Township, New Jersey. Jersey Mike’s has gone through a period of tremendous growth in the past decade, as the desire for healthier, higher quality sandwich options continues to expand across the United States.

How Expensive Is It To Invest In A Jersey Mike’s Franchise?

The total estimated initial investment to own a Jersey Mike’s Subs franchise ranges from $180,500 to $345,000. This cost includes the franchise fee, site selection and building design together with location improvements, business furnishings and fixtures, audio/visual equipment and signage, job training, and initial inventory.

What Type Of Training Does Jersey Mike’s Provide To Franchisees?

Jersey Mike’s provides a comprehensive week-long training program for its franchisees. During this training period, owners and key staff are introduced to the brand and how to operate a Jersey Mike’s franchise. This training covers topics such as the Jersey Mike’s menu, in-store display, customer service, restaurant procedures, restaurant management, and marketing.

What Is The Best Way To Find A Franchise Location?

Deciding where to locate a Jersey Mike’s Subs franchise is an important step in launching a successful business. The franchise should be located in an area where there is existing or potential foot traffic, such as near residential neighborhoods, shopping malls, office blocks, and other high-traffic or target locations. Franchisees should also take into consideration the cost of rent, utilities, and the average income levels of surrounding neighborhoods when selecting a location.

What Is The Financial Outlook For Jersey Mike’s Franchises?

The growth potential for Jersey Mike’s franchisees is far from limited. The company already has established a strong presence in the U.S., with 1,000 locations in more than 40 states. Furthermore, sales at many of these locations are on the rise, averaging more than $1 million in annual sales.

Who Can Help Me Invest In A Jersey Mike’s Franchise?

The International Franchise Professionals Group (IFPG) is the premier choice for franchising consultants and brokers who can assist you in investing in a Jersey Mike’s franchise. Its members are experienced in helping aspiring business owners identify and invest in franchise businesses. With the expertise of IFPG members, you will be sure to get the best assistance in launching a Jersey Mike’s franchise.

Topics:

Jersey Mike’s franchise,

franchising consultants,

franchise brokers

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