Jersey Mikes franchise is currently not available at Americas Best Franchises. 19 rows The estimated initial investment for developing a Jersey Mikes franchise breaks down as follows.
Jersey Mike S Subs Franchise Information
How Much Does It Cost to Own a Jersey Mikes.
Jersey mike's franchise cost. Here is detailed about jersey mike franchise for sale Profitable Opportunity investment cost. Find detailed information about Jersey Mikes franchise costs and fees. How much does a Jersey Mikes Subs franchise cost.
Jersey Mikes charges a franchise fee of 18500. The franchise fee for a Jersey Mikes Subs shop is 18500. Jersey Mikes Subs has a franchise fee of up to 18500 with a total initial investment range of 169001 to 804045.
What Does a Jersey Mikes Franchise Cost. There is an initial franchise fee of 18500 which grants you the license to run a business under the Jersey Mikes Submarines Salads name. For those who might need financial assistance Jersey Mikes doesnt offer financing lease or obligation.
Theres also a 1 corporate advertising fee and 4 national media fee based on gross receipts. Youll need to get business permits licenses which will cost anywhere from 25 to 500 plus additional funds about 15000 for 3 months. This is a pre-condition all franchisees must meet to be taken seriously.
Actual or Estimated Amounts. The estimated investment required to open a Jersey Mikes Submarines Salads Franchise is between 169001-804085. To Whom Payment Is To Be Made.
To buy a franchise with Jersey Mikes youll need to have at least 100000 in liquid capital. Over the years Jersey Mikes has fueled its growth and success by continuing its tradition of quality and commitment to making the best sub sandwich in the industry. Jersey Mikes franchises offer a wide assortment of made-to-order submarine type sandwiches other sandwiches and related food products and beverages.
With a Jersey Mikes franchise you can own a business that capitalizes on this solid tradition and excellent reputation for giving customers what they want great. To open a single sub shops location the company requires that potential franchisees have liquid assets of at least 215843. Jersey Mikes offers the right kind of support and we have a great partnership.
Franchisees can expect to make a total investment of 177943 - 592851. Jersey Mikes Subs is embarking on a systemwide renovation thats expected to cost 75000 per store which the franchisor has agreed to pick up across the 1700-unit quick-service sandwich chain for a total projected outlay of 150 million. How much would you estimate you spent before you were officially open for.
How much does Jersey Mikes Subs franchise cost. Jersey Mikes franchise requires all prospective franchisees to have a net worth of about 300000. If you are considering a Jersey Mikes Subs franchise dont get blindsided by these 25 important franchise fees from the initial franchise fee to the royalty fee to 23 other fees found in Items 5 and 6 of Jersey Mikes Subs 2016 FDD.
Jersey Mikes Franchise Cost A typical Jersey Mikes franchise cost is estimated at 169001 to 804045. How much does it cost to open a Jersey Mikes Submarines Salads Franchise. Jersey Mikes Subs offers a wide assortment of made-to-order submarine type sandwiches and related food products and beverages.
The total investment to operate a Jersey Mikes Subs ranges from 215843 to 398063. 237419 to 766 971. A royalty fee is an ongoing fee that you would pay to the franchise for the opportunity to run the business concept.
Opening a franchise of a popular restaurant is often very expensive and per the companys website investors in Jersey Mikes can expect the cost to be between 237419 and 766971. Start the jersey mikes franchise. Jersey Mikes initial franchise fee isnt as steep as others.
Jersey Mikes Franchise Costs Fees 2019. Jersey Mikes Active member of the quick service restaurant qsr industry since 1956. Owning a Jersey Mikes can be a lucrative business but it does have some initial financial requirements.
Heres what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business. How Much It Cost to Open a Jersey Mikes Franchise. For Jersey Mikes that royalty fee is 65.
Jersey Mikes Subs has the franchise fee of up to 18500 with total initial investment range of 178523 - 746342.
