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Jersey Mike's Subs Franchise

#1 on Entrepreneur 2026 Franchise 500. Premium sub sandwich franchise with fresh-sliced meats and cheeses, served Mike's Way. Blackstone acquired majority stake in 2025 for ~$8B. Net growth of +313 units in 2025.

Food & Restaurant Investment: $182K–$1.4M Owner-Operator

Key Investment Facts

✓ Data verified · 2026-04-13  ·  Confidence: 90%
Initial Investment
$182K–$1.4M
Franchise Fee
$19K
Royalty Rate
6.50%
Avg Unit Revenue
$1.3M
Total Units
3,256
Annual Growth
+313 units/yr
Franchisee Satisfaction Score
74.0/100

About Jersey Mike's Subs

#1 on Entrepreneur 2026 Franchise 500. Premium sub sandwich franchise with fresh-sliced meats and cheeses, served Mike's Way. Blackstone acquired majority stake in 2025 for ~$8B. Net growth of +313 units in 2025.

Item 19 (Financial Performance Representation): Available — franchisees can view historical earnings data.

Tags: sandwiches, subs, fast-casual, fastest-growing, franchise-500-1

Ownership & Private Equity

Current Owner
Blackstone
Acquired
2025
Deal Size
$8000.00M

Blackstone acquired majority stake in Jersey Mike's Subs for approximately $8B in 2025. Named #1 on Entrepreneur Franchise 500 2026.

⚠️ PE ownership can affect franchise support culture and resale terms. Always review the most recent FDD for ownership disclosures.

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⚠️ Data is for educational reference only. Verify all figures with the franchisor's official Franchise Disclosure Document (FDD). FranchiseStack does not provide investment advice. Last reviewed 2026-04-13.

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