Benchmarks / Quick-service food
Jersey Mike's franchise cost 2026
From the Jersey Mike's Franchise Disclosure Document (A Sub Above, LLC), issued April 10, 2026, as amended August 26, 2026. Every figure below cites the FDD item and the page number printed in the document.
Initial fee · Item 5, p. 8
$20,000
plus a $10,000 development fee and a $10,000 grand opening advertising fee
Royalty · Item 6, p. 9
6.5% of sales
Ad fund · Item 6, p. 9
5% of sales (1% + 4%), can rise to 6% combined
Cost to open · Item 7, p. 17
$436K–$1,162K
Required ongoing fees
What the FDD says you keep paying after you open, in its own terms.
| Fee | Amount, as stated in the FDD | Source |
|---|---|---|
| Royalty | 6.5% of gross receipts | Item 6, p. 9 |
| Advertising funds | 1% corporate fund + 4% national media fund Can be raised to 6% combined on 90 days’ notice (note 3, p. 14). | Item 6, p. 9 |
| POS software and help desk | $395 a month, may increase up to $795 | Item 6, p. 10 |
| Secure network fee | $39.85 a month | Item 6, p. 11 |
| Gift card program | $9.50 a month | Item 6, p. 11 |
| Rent | Paid to your own landlord. The FDD gives no yearly rent figure (Item 7 shows only 3 months of rent and deposits, $10,579–$19,848). | Item 7, p. 16 |
Not turned into a yearly figure: Rent, which the FDD does not disclose as a yearly figure; Online ordering fees ($0.2921 per order plus 3.74%) and delivery fees, which depend on order volume; Optional Teamworx software ($59.99 a month).
ALL-IN COST MODEL · PREVIEW
At $1,305,850 a year in sales, the median 2025 sales of 2,606 traditional franchised restaurants (Item 19, p. 51):
- Royalty ITEM 6, P. 9$84,880
- Advertising funds ITEM 6, P. 9$65,293
- + 3 more required feesin the full model
Required fees and spend: $155,505–$160,305 a year (11.9%–12.3% of sales), before rent.
At launch, the full model shows every line converted to a yearly figure with its page cite, the same model at the low and high Item 19 sales levels, the one-time and conditional costs, and an alert when a new filing changes any of it.
See plans →Source
A Sub Above, LLC, Franchise Disclosure Document issued April 10, 2026, as amended August 26, 2026. Wisconsin Department of Financial Institutions, file 640926, registration effective April 10, 2026 (amendment August 26, 2026). 394 pages.
Open the filing on the Wisconsin DFI site, then click Download under Franchise Disclosure Document for the PDF. Or search the Wisconsin franchise search for file 640926.
Checked October 31, 2026. Page numbers are the ones printed in the FDD.
What this does not include
The model covers fees and required spend set by the franchise system. It leaves out labor, food or supplies, insurance, utilities, loan payments and taxes, which the FDD does not fix. This is research, not legal, tax or investment advice. Read the full FDD and have a franchise attorney review it before you sign.