In 2024, how many Jersey Mikes outlets in Arizona ceased operations for 'Other Reasons'?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlets Sold | Outlets | ||||||
|---|---|---|---|---|---|---|---|
| State | Year | Operating at Start of Year | Opened | From Franchisee | Closed | to Franchisee | Operating At End of Year |
| Arizona | 2022 | 0 | 1 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 1 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 1 | 1 | |
| California | 2022 | 5 | 1 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 1 | 5 | |
| 2024 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 66–76)
What This Means (2025 FDD)
According to Jersey Mikes's 2025 Franchise Disclosure Document, in 2024, one Jersey Mikes location in Arizona ceased operations for "Other Reasons". The table provided in Item 20 of the FDD details outlet information, including openings, closures, and changes in ownership.
For a prospective franchisee, this data highlights the dynamics of the Jersey Mikes franchise network in Arizona. While the closure for "Other Reasons" could encompass various factors, it is essential to understand the context. Closures can occur due to poor performance, lease issues, or other unforeseen circumstances.
It's important to note that while one store closed for "other reasons," five new stores opened in Arizona during 2024, and the total number of operating stores increased from 75 to 79. This suggests overall growth in the Arizona market despite the single closure. A prospective franchisee should inquire with Jersey Mikes about the specific reasons behind the closure to better assess the stability and potential risks in the Arizona market.