What is the current estimated weekly Bookkeeping/Accounting Fee for Jersey Mikes, and to whom is it paid?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Bookkeeping/Accounting Fee20 | Currently, Company estimates the fee to be $150 per week, but the fee is subject to change and is paid directly to JMFS | Within 10 days after the end of each month | Applicable only to Coach Rod Smith Program participants, and only if JMFS requires you to use JMFS’s bookkeeping/accounting services. |
Source: Item 6 — OTHER FEES (FDD pages 15–24)
What This Means (2025 FDD)
According to Jersey Mikes's 2025 Franchise Disclosure Document, the current estimated Bookkeeping/Accounting Fee is $150 per week. However, this fee is subject to change. This fee is paid directly to JMFS.
It's important to note that this fee is only applicable to franchisees participating in the Coach Rod Smith Program. Additionally, it only applies if JMFS requires the franchisee to use JMFS’s bookkeeping/accounting services. This means that not all Jersey Mikes franchisees will be required to pay this fee.
Franchisees should confirm whether they are part of the Coach Rod Smith Program and if JMFS mandates the use of their bookkeeping/accounting services. This will determine if the weekly fee applies to their specific franchise agreement. Since the fee is subject to change, franchisees should also inquire about the potential for future adjustments to this cost.