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Jersey Mike's FDD Analysis · 2026

Jersey Mike's Franchise Cost (2026 FDD)

Inside the Jersey Mike's franchise disclosure

You searched the right thing. The FDD is the document that spells out what a Jersey Mike's franchise is really about — what you're committing to, and what they're committing to you. Here's a sampling of what their 2026 Franchise Disclosure Document reveals:

Investment to open
$436K–$1.16M
System size
3,2273,201 franchised
Financial perf. (Item 19)
Included
Year
2026analyzed May 5

§What changed — in 2025, Jersey Mike's grew from 2,989 to 3,227 locations. (Item 20.)

§Already a Jersey Mike's franchisee? See everything that changed since you signed →

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01 · From the filing

Here's what their franchise disclosure tells you

Six of the items Jersey Mike's 2026 FDD has to answer, drawn straight from the filing. The rest of the document — and the figures behind these — open in your Clearly™ Workspace.

§
Item 7
·

Estimated Initial Investment

The full cost to open, low to high, including working capital.
$436,176–$1,162,228
§
Item 19
·

Financial Performance

Includes a financial performance representation.
Ask Clara what the figures mean →
§
Item 20
·

Outlets & Franchisees

Outlet counts, openings and closures, turnover.
3,227 locations
In 2025, opened 259 new locations and closed 13.
§
Item 6
·

Other Fees

The recurring fees — royalty, brand fund, and the rest.
6.5% royalty · 4% brand fund
See the full fee schedule with Clara →
§
Item 5
·

Initial Fees

The upfront fees due before opening.
$20,000 franchise fee
§
Item 12
·

Territory

Does not give you a protected area of your own.
Ask Clara what the terms mean →

Jersey Mike's $436K–$1.16M sits against a median of $617,000 across the 32 sandwich franchises on file that disclose an investment range.

02 · Read it with Clara

Open Jersey Mike's FDD in the Clearly Workspace — with Clara beside you.

Jersey Mike's franchise agreement is a 10-year commitment — and the FDD spells out exactly what you're signing up for. You cannot change the FDD, and that's not the point. The point is to walk into your attorney conversation already knowing the document, so you ask the questions that matter most to you.

Clara is an expert FDD assistant. Ask her anything about Jersey Mike's filing and she answers from the document itself, with the item and page she read it in — so you can check her.

You don't have to know what to ask first.

Open the Workspace and Clara offers to walk you through the filing, Item by Item: what it says, why it matters, and what to verify. Every answer links to the Item and page in the FDD. Ask your own questions whenever you want, and your Guided Review progress is saved, so you can stop and come back to it.

People ask Clara —

  • What does it actually cost to open?
  • What fees come after the franchise fee?
  • How do their locations perform?
  • Do I get a protected territory?
  • What happens if I want out?

The Jersey Mike's Workspace

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The full FDD in your Clearly Workspace · Guided Review through the 23 Items · Clara beside you, unlimited questions · Year-over-Year report included · saved to your Clearly Library · yours to keep

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03 · Common questions

Common questions

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

Jersey Mike's 2026 FDD estimates a total initial investment of $436,176 to $1,162,228, including the $20,000 franchise fee. (Item 7.)

What are the ongoing fees for a Jersey Mike's franchise?

Jersey Mike's reports a royalty of 6.5%, plus a 4% brand-fund contribution; the rest of the recurring fees are itemized in Item 6 of the 2026 FDD.

Does Jersey Mike's share how its franchises perform financially?

Yes — Jersey Mike's 2026 FDD includes a financial performance representation. The figures themselves are in your Clearly Workspace.

How many Jersey Mike's locations are there?

Jersey Mike's 2026 FDD reports 3,227 locations — 3,201 franchised and 26 company-owned (Item 20).

Can Clearly help me review the Jersey Mike's FDD?

Yes. Open the Jersey Mike's Workspace and Guided Review walks through the filing Item by Item: what each Item discloses, why it matters, and what to verify, with a link to the page in the FDD. Your progress is saved, and you can ask Clara unlimited follow-up questions along the way. Clearly explains what the FDD says. It does not score the franchise or give legal advice.

Keep reading

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Video transcript

A full transcript of the video above, for reference and accessibility.

Show transcript

Thinking about buying a franchise from Jersey Mike's? Clearly FDD has all the data, including Jersey Mike's. Let's go take a look. It will cost you between $436,000 to 1.16 million to open a Jersey Mike's franchise. They include a financial performance representation under their item 19 with a lot of detail. They have 3,227 locations, of which 259 opened last year, and they closed 13. You'll pay 6.5% in royalties and 4% to a brand fund. Your franchise fee is $20,000. And important thing to look at, you don't get a protected territory. There's a lot more in Jersey Mike's FDD.
Unlock the workspace and you'll have a detailed guide to item 19, the full picture on the territories, and 21 other items in the FDD.

§Ready when you are — open the Jersey Mike's Workspace, $19 →