Question 1

How much does it cost to open a Jersey Mike's Subs franchise?

Accepted Answer

The total initial investment for a Jersey Mike's Subs franchise ranges from $186K to $1.4M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Jersey Mike's Subs franchise fee?

Accepted Answer

The initial franchise fee for Jersey Mike's Subs is $20K.

Question 3

What are the net worth requirements for a Jersey Mike's Subs franchise?

Accepted Answer

Net worth requirements for Jersey Mike's Subs are specified in the Franchise Disclosure Document.

Question 4

Does Jersey Mike's Subs require a personal guarantee?

Accepted Answer

Yes, Jersey Mike's Subs requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Jersey Mike's Subs franchise?

Accepted Answer

Equipment costs for a Jersey Mike's Subs franchise range from $32K to $208K. Initial inventory costs range from $2K to $35K.