Jersey Mike's
Source filing: WI · filed 2026-04-10
Item 5 — Initial franchise fee
$20,000 [p.15 · WI · 2026-04-10]
Item 6 — Recurring fees (royalty & advertising)
| Continuing Royalty Fees | 6.5% of Gross Receipts [p.16 · WI · 2026-04-10] |
|---|---|
| Grand Re-Opening Advertising2 | $5,000 for relocations [p.16 · WI · 2026-04-10] |
| Corporate Advertising and Development Fund3 | Currently 1% of Gross Receipts [p.16 · WI · 2026-04-10] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
$436,176 [p.24 · WI · 2026-04-10] – $1,162,228 [p.24 · WI · 2026-04-10]
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 2,955 [p.59 · WI · 2026-04-10] |
|---|---|
| Franchised outlets at end of year | 3,201 [p.59 · WI · 2026-04-10] |
| Net change in franchised outlets | 246 [p.59 · WI · 2026-04-10] |
| Transfers | 218 [p.61 · WI · 2026-04-10] |
| Terminations | Not disclosed |
| Non-renewals | Not disclosed |
| Ceased operations (other) | 13 [p.65 · WI · 2026-04-10] |
| Company-owned outlets at end of year | 26 [p.59 · WI · 2026-04-10] |
Item 19 — Financial performance representation
Headline cohort
Traditional Franchised Restaurants FY2025 · January 1, 2025 to December 28, 2025
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 2,606 [p.58 · WI · 2026-04-10] | $1,367,578 [p.58 · WI · 2026-04-10] | $1,305,850 [p.58 · WI · 2026-04-10] | $3,228,616 [p.58 · WI · 2026-04-10] | $512,332 [p.58 · WI · 2026-04-10] |
All disclosed cohorts (1)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| Traditional Franchised Restaurants FY2025 January 1, 2025 to December 28, 2025 |
2,606 [p.58 · WI · 2026-04-10] | $1,367,578 [p.58 · WI · 2026-04-10] | $1,305,850 [p.58 · WI · 2026-04-10] | $3,228,616 [p.58 · WI · 2026-04-10] | $512,332 [p.58 · WI · 2026-04-10] |
“Some franchisees have sold these amounts. Your individual results may differ. There is no assurance that you will sell as much.” [p.58 · WI · 2026-04-10]