What was the average revenue for traditional Jersey Mikes restaurants during the measurement period?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
| Number of Restaurants | Average | Median | High | Low | Number / Percentage that Met or Exceeded the Average | |
|---|---|---|---|---|---|---|
| Traditional | 2,255 | $1,338,874 | $1,285,259 | $4,131,736 | $472,525 | 1,013 / 45% |
| Franchised | ||||||
| Restaurants |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 64–66)
What This Means (2025 FDD)
According to Jersey Mikes's 2025 Franchise Disclosure Document, the average Unit Volume for 2,255 traditional franchised restaurants during the measurement period (January 1, 2024 to December 31, 2024) was $1,338,874. The median Unit Volume for these restaurants was $1,285,259, with the highest revenue reaching $4,131,736 and the lowest at $472,525. The FDD specifies that Unit Volume includes all sales of food, beverages, merchandise, and services, including off-site and catering sales, less taxes, refunds, discounts, coupons, and donations.
This financial performance representation offers potential franchisees an insight into the revenue performance of existing Jersey Mikes restaurants. However, the FDD also notes that individual results may vary, and there is no guarantee that a new franchisee will achieve the same level of sales. It is important to consider factors such as location, market conditions, and management skills, which can significantly impact a restaurant's financial performance.
Jersey Mikes indicates that 45% of the traditional franchised restaurants, or 1,013 out of 2,255, met or exceeded the average Unit Volume of $1,338,874. The FDD provides definitions for key terms like "Traditional Franchised Restaurants" (restaurants other than those in non-traditional venues like airports or hospitals) and "Measurement Period" (the 12-month period from January 1, 2024, to December 31, 2024). This level of detail is typical for Item 19 disclosures in franchise agreements, as it provides a clear and standardized basis for the financial performance data presented.
Prospective franchisees should carefully review the complete Item 19 in the FDD and request written substantiation for the financial performance representation. They should also conduct their own independent research and due diligence, including speaking with existing franchisees, to assess the potential financial performance of a Jersey Mikes franchise in their specific market.