Jersey Mike franchise is an exciting opportunity that offers a successful franchise Concept. The Jersey Mike is an American Submarine Sandwich chain that is Headquartered in Manasquan New Jersey. To date, Jersey Mike has a franchise in 1300+ locations open and about 70 more across the United States. Five additional locations outside the US. The Company provides cold subs, hot subs, kids meals, combo drinks, and desserts. It also offers franchising and catering services. If you’re willing to invest in Jersey Mike’s Franchise in India then below check the process of How to Open Jersey Mike’s Sub-franchise, Profit Margin, Investment Cost, and Other Requirements.
About Jersey Mike’s Franchise India
Let us tell you that Jersey Mike Company also offers a Balanced lifestyle to its franchise owners with a good amount of flexibility so that they can enjoy their work. The company’s franchise locations are simple-to-run, fast-casual sandwich restaurants, needing just a limited number of employees and a minimum amount of equipment. This makes them ideal for many individuals looking for a start as a small business owner and trying to find a franchise they can both afford and operate without a great deal of experience.
Now Jersey Mike is expanding its franchise model outside the nation. So it is a great opportunity for Indian investors to invest in this rapidly growing brand and earn huge profit. Below we will share the Jersey Mike’s Franchise Profit Margin along with the details of How to Start, Investment Cost, Requirements, and Enquiry Contact Details. So keep scrolling down below.
Jersey Mike Company Review & Franchise Overview
| Company Name | Jersey Mike |
| Founded Year | 1956 |
| Founder Name | Peter Cancro |
| Area willing to serve | Pan India |
| Number of Outlets Worldwide | 1000+ |
| Business Model | Self-Owned and Open to Franchise Model. |
| Industry | Fast Food restaurant |
| Corporate Headquarters | United States Manasquan |
| Revenue | INR 80k Crore |
| Company Website | https://www.jerseymikes.com/ |
Investment Cost to Set Up Jersey Mike Franchise Store
If you wish to start a Jersey Mike Store in India then please check below the requirements like Investment Cost, Franchise Fee, Space Required, and other details:-
| Franchise Type | Fast Food Restaurant (Sandwich category) |
| Company Name | Jersey Mike |
| Outlet setup |
|
| Franchise Fees | ₹15 lakhs plus 18+ GST |
| Floor Area | 1000 to 1500 square feet |
| Rent or Security Deposit | 40 lakhs |
| Architectural fees | 14 lakhs |
| Initial Inventory | Approx ₹10 lacs |
| Equipment and furniture | Rs 15 to 20 lakhs |
| Staff Salary | As per the market demand |
| Training | 8 to 10 lakhs |
| Advertising and Marketing Expenses (Exterior signage, Interior Branding) | 10 lakhs |
| Miscellaneous Expenses (Uniform for staff, Internet connection, office equipment) | 15 lakh |
| Additional funds and Business License and Permits | 20 lakh |
| Total Investment | INR 1.5 Crore |
How to Apply for Jersey Mike Franchise in India?
Please find below the Application process for Jersey Mike Franchise Outlet in India:-
- Navigate to the official website of Jersey Mike Franchise by clicking the link here => https://www.jerseymikes.com/franchise/franchisees
- Once you reach the website, read the terms and conditions to start the Jersey Mike’s Franchise Model in India.
- Then click on the “Get Started” option to proceed ahead.
- On the next page fill in all the details in the Application Form like Name, Address, Contact Details, Experience, and Write Additional Information.
- Then Click on the Submit button.
- Phone Interviews will be conducted, and the Interview selection criteria.
- Next step you will have to sign a Franchise Disclosure Document.
- Complete the Franchise Agreement and you can then start your store.
Profit Margin for Jersey Mike Franchise Outlet
Jersey Mike Franchise charges a Royalty of around 6.5% for the Standard Franchise Agreement. The estimated Profit Margin is close to 20 to 30% and the Return on Investment is around 2 to 3 years.
| Initial Investment | Profit Margin of Average Franchise Sales | Estimated Profits (INR) | ROI |
| Rs 1.5 Crore
(Estimated) |
10% | 10 lakhs | 2 years |
| 15% | 15 lakhs | 3 years | |
| 20% | 20 lakhs | 4 years |
Benefits to Start Jersey Mike’s Subs Franchise
- Exclusivity => Jersey Mike’s grants its franchisees the right to operate their restaurants in a protected territory Under the agreement, the franchisor or its affiliates do not establish any other franchise or operate a competing business in the designated area.
- Training and Marketing Support => The franchisor provides its franchisees with detailed online and classroom training to help them run their franchises successfully. Its initial training consists of 500 hours of on-site training, 40 classroom hours, as well as continuous training and support.
- Jersey Mike’s provides good Marketing and Advertising support thereby helping franchisees create awareness and improve their sales. Franchisees can leverage national media, digital, and social media marketing campaigns to reach a wider geographical area.
- Financial Help => The franchisor offers its franchisees funding through third-party lenders to fund their startup costs, equipment, inventory, and payroll.
- Site selection and development => The franchisor provides its franchisees with site selection assistance to identify viable locations in terms of foot traffic. In addition, it helps them with lease negotiations and development.
Contact Details of Jersey Mike’s Franchise Enquiry
If you wish to Directly Contact the Company please find the details below;
- Contact Number: 732 292 8272
- Email id: [email protected]
- Official Site: https://www.jerseymikes.com/franchise
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