is jersey mike's a profitable franchise
Unless you sign a. To buy a franchise with Jersey Mikes youll need to have at least 100000 in liquid capital.
Jersey Mike S Subs Franchise Information 2021 Cost Fees And Facts Opportunity For Sale
Owners in the Food and Beverage Industry with over 5 million in sales have a.
. Type of Expenditure Actual or Estimated Amounts Method of Payment When Due. An individual Jersey Mikes franchise owners sales are approximately 600000 on which profit is around 50000-70000. Detailed Information on Jersey Mikes Subs Initial Franchise Fee Royalty Fee 27 Other Fees Items 5 and 6 2021 FDD 1.
Heres what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business. Get Started Now Continue Reading. Manasquan New Jersey Estimated Number of Units.
However this profit varies under different. The franchisor is A Sub Above LLC a. Franchising With Jersey Mikes.
It costs an estimated 169001. However as an owner of multiple Jersey Mikes franchises you do have the ability to make a profit. Franchisees can expect to make a total investment of 177943 - 592851.
Jersey Mikes is one of the most successful franchise programs in the United States. Jersey Mikes Subs has a franchise fee of up to 18500 with a total initial investment range of 169001 to 804045. If you dont pay your royalty fees on time each month be prepared to pay a penalty.
20 rows The estimated initial investment for developing a Jersey Mikes franchise breaks down as follows. As a Sandwiches franchise Jersey Mikes Subs has grown to include over 1742 as of 2020 units since they began franchising in 1987 34 years. According to Franchise Grade Jersey Mikes has averaged 16 growth in new franchise locations from.
In that case development fees will range between 50000 and 120000 and the initial franchise fee which is due when you sign each Franchise Agreement will range between. The New Jersey-based chain is currently one of the fas. How much does a Jersey Mikes Subs franchise cost.
Learn the total cost to open a Jersey Mikes including fees. Jersey Mikes has certainly made a name for itself amongst a lengthy list of sub sandwich competitors.
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