Jersey Mike's Franchise Cost and Profits in 2026

By FDDIQ Research Team | April 2026

Based on 2025 FDD Filing

Quick Summary

$20,000

Franchise Fee

$801,748

Midpoint Investment

7.5%

Total Fees

$1.3M

Median Revenue

+308

Net Growth

Cost Breakdown

Fee	Amount
Franchise Fee	$20,000
Total Investment Range	$185,903 - $1.4M
Midpoint Investment	$801,748
Royalty Rate	6.5%
Advertising Fund	1.0%
Total Ongoing Fees	7.5%

Revenue and Profit Analysis

The median Jersey Mike's franchise generates $1.3M in annual revenue. With estimated margins of 13%, that is approximately $167,083 in annual EBITDA.

Revenue per dollar invested: 1.60x.

Unit Count

Jersey Mike's has 2,647 franchised units. Added 308 net units (13.0% growth).

SBA Loan Performance

SBA default rate: 1.8% across 462 loans. This is below the franchise industry average (~7-8%).

Frequently Asked Questions

How much does a Jersey Mike's franchise cost?

A Jersey Mike's franchise requires a $20,000 franchise fee with total investment ranging from $185,903 to $1.4M. The midpoint investment is approximately $801,748.

How much do Jersey Mike's franchise owners make?

Based on the most recent FDD, the median Jersey Mike's location generates $1.3M in annual revenue. With estimated industry margins of 13%, that translates to approximately $167,083 in EBITDA before debt service.

What is the Jersey Mike's royalty rate?

Jersey Mike's charges a 6% royalty on gross sales plus a 1.0% advertising fund, for a total ongoing fee burden of 7.5%.

Is a Jersey Mike's franchise worth it?

Whether Jersey Mike's is worth it depends on your market, experience, and financial goals. The brand is growing at 13.0% annually. The SBA loan default rate is 1.8%. Review the latest FDD thoroughly and validate with existing franchisees before investing.

What is the Jersey Mike's franchise SBA loan default rate?

Based on SBA loan data, Jersey Mike's has a 1.8% default rate across 462 loans. This is below the overall franchise industry average.

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Detailed financial data, Item 20 outlet counts, litigation history, and more.

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