As of what date are the outlet numbers for Jersey Mikes calculated each year?

According to Jersey Mikes's 2025 Franchise Disclosure Document, the outlet numbers are calculated as of December 31st of each year. This is explicitly stated in the footnotes accompanying the outlet status summary. This means that the data presented in Item 20, regarding the number of Jersey Mikes locations, transfers, openings, and closures, reflects the status of the franchise system at the close of business on the last day of the year.

For a prospective franchisee, this date is important because it provides a consistent snapshot for evaluating the growth and changes within the Jersey Mikes system. When reviewing the tables in Item 20, a franchisee can be confident that the numbers represent a full year's activity, up to a fixed cut-off date. This allows for year-over-year comparisons and trend analysis based on reliable and consistently reported data.

Most franchise systems will have a specific date for calculating their outlet numbers, and December 31st is a common choice as it aligns with the end of the calendar year. Franchisees should pay attention to this date when reviewing Item 20 to understand the context of the data presented and ensure they are comparing figures accurately.