Jersey Mike's Subs is an American submarine sandwich chain headquartered in Manasquan, New Jersey. Jersey Mike’s sells quality subs in restaurants reminiscent of the Jersey Shore. Jersey Mike Mike opened the small shop in the sea-side town of Point Pleasant, New Jersey… Jersey Mikes Franchise for Sale Absentee Owner Built: 2018 Sacramento Area Price: $199k obo Financial Profile 2019 Net Sales: $509k Owner Operated Income Proforma: $60k+/yr Rent: $1425/Mo Gross Includes Garbage, Water Jersey Mike's Subs has added two members to its franchise sales team — Stephen Sweetman as senior director of franchise sales and Corby Cronin as director of franchise sales. Jersey Mike's Submarines & Salads: Jersey Mike’s sells quality subs in restaurants reminiscent of the Jersey Shore. Jersey Mike's Subs Owner Operators earn $73,000 annually, or $35 per hour, which is 20% higher than the national average for all Owner Operators at $60,000 annually and 10% higher than the national salary average for all working Americans. Business For Sale - Jersey Mike’s Subs For Sale! The roll-up of 34 Jersey Mike’s, assisted by Brookwood Associates, also afforded the franchisee a $5 million line of development credit and $200,000 revolver. Contains phone number, address and name of each Jersey Mikes franchisee. Jersey Mike's Subs | 14,639 followers on LinkedIn. Jersey Mike’s Subs Without a doubt one of the most profitable franchises is Jersey Mike’s Subs, with the business named the USA’s fastest-growing franchise in 2016, with the number of franchises having doubled in a decade. Everything about Jersey Mike s is high quality. Not only do they have a training program in place, but they also have a winning system so you won’t have to start from … Franchise SBA 10-Year Loan Default Rate Comfort Keepers 8% Christian Brothers Automotive 8% Home Instead Senior Care 9% Once Upon A Child 12% Zeppe’s 12% Comfort Inn 12% Buffalo Wild Wings 14% Plato’s Walked into Jersey Mike's to order our all-time favorite subs, and the whole place (which is small) was filled with MASKLESS people. In 2019, Jersey Mike's Subs generated sales of around 1.34 billion U.S. dollars in … Independence Mall is now home to a Jersey Mike’s shop. From Jersey Mike's Franchise Website: It started back in 1956, in this actual storefront location and was originally called Mike's Subs. “We give out 7,500 free sub cards and [arrange to benefit] a charity. That’s because franchise advantages include a proven business model, name recognition, vendor and supplier network, and more—which cuts out a lot of the work involved in starting a business from the ground up. Jersey Mike’s, a fast-casual sub sandwich franchise with more than 1,500 locations open and under development nationwide. Jersey Mike's Subs has a franchise fee of up to $18,500, with a total initial investment range of $169,001 to $804,045. - Dallas, Texas - Find Great Restaurants & Fast Food Businesses For Sale on BusinessBroker.net Jersey Mike’s Subs Franchise Opportunities – History Jersey Mike’s Subs started as Mike’s Subs in 1956 in Point Pleasant, New Jersey. Initial Franchise Fee: $18,500 Total Investment: $169,001 to $804,045 If you are considering a Jersey Mike's Subs franchise, don't get blindsided by these 25 important franchise fees (the initial franchise fee, royalty fee, and 23 other franchise fees). Jersey Mike's, a fast-casual sub sandwich franchise with more than 1,500 locations open and under development nationwide, believes that making a sub sandwich and … The Jersey Mike's franchise has more than 1000 locations open and in development across the United States. The submarine sandwich franchise, located in front of Dick’s Sporting Goods in the redesigned section of the mall, opened Sunday in what owner Jason Kesler called a soft opening. This statistic shows the sales of Jersey Mike's Subs in the United States from 2014 to 2019. “Normally, we do a big grand opening,” he said. Jersey Mike’s ‘East Coast-style” Subs and CEO Are Standouts in the Market No. | Jersey Mike’s… Jersey Mike's first began in 1956 — for comparison, that's only two years after Burger King was founded and almost a decade before Subway opened.Just a single store (called Mike's Subs), back then the restaurant was a mom-and-pop business, set up in order to sell a relatively new invention in American culture: the submarine sandwich. For aspiring entrepreneurs, joining a franchise is an excellent opportunity to become a business owner while mitigating much of the risk involved in starting a business from scratch. I asked him The nation's leading sub sandwich franchise with more than 2,000 locations open and in development. A Jersey Mike's Subs Owner Operator annual salary is about $73000, based on salary and pay scale data from 2 real Jersey Mike's Subs employees. The franchise system is proven, and there is ample room for growth. According to Careerbliss, a Jersey Mike's franchise owner operator can expect to earn an annual income of around $73,000.That may be less than the six-figure incomes of franchise owners of chains like McDonald's and Five Guys, but it's still higher than what Papa John's franchise owners are pulling in. In 1972, a high school kid named Peter Cancro took a job there and loved the authentic submarine sandwiches. The tandem will help further Jersey Mike's expansion efforts throughout the U.S. All Jersey Mike's locations in the USA Annually updated with contact information for new Jersey Jersey Mike's Subs Jersey Mike's Subs is a submarine sandwich chain headquartered in Manasquan, New Jersey. Due Date: Weekly after time of service and at the same time as Continuing Services and Royalty Fees. For people looking to enter the auto repair business, opening an AAMCO Transmissions and Total Car Care shop is a viable option. Didn't look at the staff, though. Franchise Facts: Jersey Mike's Subs was started in 1956 with a single shop on the Jersey Shore where the company helped pioneer the submarine sandwich concept. Manasquan, NJ 08736, USA. We will not patronize ANY Jersey Mike's We believe that making a sub sandwich and making a difference can be one and the same. Jersey Mike’s Subs is an American submarine sandwich chain headquartered in 2251 Landmark Pl. Hoyt Jones, Jersey Mike's president, discusses how a single storefront became one of the nation's fastest-growing fast casual dining chains. Hear testimonials from Jersey Mike's franchisees. Get the complete list of Jersey Mikes franchise owners. The Jersey Mike's franchise has almost 1,592 locations open and about 124 more in development across the United States, in addition to three locations in Queensland, Australia and two in Ontario, Canada. That’s evident from the number of nominations—3,100—received to earn one of five Jersey Mike’s Sub Abover Grants. Yet Brown left nine Jersey Mike’s outside of the recap. Franchise Profile — Jersey Mike's Submarines & Salads Jersey Mike's Submarines & Salads was founded in 1956 with a single neighborhood shop dedicated to serving authentic subs. Jersey Mike's Stays True to its Roots on Road to 2,000 Restaurants The growing sandwich chain is sticking to its values. Turned around and left. Find franchise costs and request free info on Jersey Mike's Submarines & Salads and hundreds of other franchises for sale on BizQuest. The Jersey Mike's Franchise Opportunity Thank you for your interest in Jersey Mike’s Subs Our concept is simple: we provide our customers with the highest quality and freshest product available, prepared right in front of them with energy and enthusiasm. The franchise system is proven, and there is ample room for growth. 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