FDD Year-over-Year Comparison
Jersey Mike's FDD: What Changed from 2025 to 2026
The 2026 Jersey Mike's FDD moves the Item 7 estimated initial investment range from $185,903–$1,417,592 to $436,176–$1,162,228, and the system grows from 2,989 to 3,227 outlets year-over-year. Both filings include an Item 19 financial performance representation.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change |
|---|
| Low end of range | $185,903 | $436,176 | +$250,273 (+134.6%) |
| High end of range | $1,417,592 | $1,162,228 | −$255,364 (−18.0%) |
| Full range | $185,903–$1,417,592 | $436,176–$1,162,228 | |
The 2026 filing puts the Item 7 estimated initial investment at $436,176–$1,162,228, versus $185,903–$1,417,592 in the 2025 filing. The low end moves by +$250,273 (+134.6%) and the high end moves by −$255,364 (−18.0%).
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change |
|---|
| Total outlets (Item 20) | 2,989 | 3,227 | +238 (+8.0%) |
Jersey Mike's reports 3,227 outlets in the 2026 FDD, versus 2,989 in the 2025 filing (+238 (+8.0%)).
Item 19 — Financial Performance Representations
Jersey Mike's included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Frequently asked questions
Did the cost to open a Jersey Mike's franchise change in the 2026 FDD?
The 2026 FDD for Jersey Mike's states an Item 7 estimated initial investment of $436,176–$1,162,228, against $185,903–$1,417,592 in the 2025 filing. The low end moves from $185,903 to $436,176 (+$250,273 (+134.6%)) and the high end moves from $1,417,592 to $1,162,228 (−$255,364 (−18.0%)).
How many locations does Jersey Mike's have?
The 2026 FDD for Jersey Mike's reports 3,227 outlets in Item 20, against 2,989 in the 2025 filing — 238 more.
Does Jersey Mike's disclose financial performance in its FDD?
Jersey Mike's included an Item 19 financial performance representation in both the 2025 and 2026 filings.
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