What exhibit contains Jersey Mikes' audited financial statements?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
| Exhibit A - | State Administrators/Agents for Service of | Exhibit H- | Location Amendment to Franchise Agreement |
|---|---|---|---|
| Exhibit B - | Process Franchise Agreement | Exhibit I - | Experienced Franchisee Program Addendum |
| Exhibit C-1 - | A Sub Above, LLC Financial Statements | Exhibit J - | Assignment of Franchise Agreement |
| Exhibit C-2 - | Jersey Mike's Franchise Systems, Inc. Financial Statements | Exhibit K - | Renewal Amendment to Franchise Agreement |
| Exhibit D - | Table of Contents of the Confidential Operations Manual | Exhibit L - | Lease Rider |
| Exhibit E-1 - | List of Jersey Mike's Franchisees | Exhibit M - | Coach Rod Smith Program Amendment to Franchise Agreement and Related Documents |
| Exhibit E-2 - | List of Jersey Mike's Licensees | Exhibit N - | Auto-Debit Authorization Form |
| Exhibit E-3 - | List of Former Jersey Mike's Franchisees | Exhibit O - | State Addenda to Franchise Disclosure Document and State-Specific Riders |
| Exhibit F - | Area Development Agreement | Exhibit P - | Receipts |
| Exhibit G - | Current Sample Form of General Release | ||
| PROSPECTIVE F | FRANCHISEE: | ||
| Date: | Signature, Prospective individually, and/or as Print Name | ||
| Date: | Signature, Spouse of | Prospective Franchisee | |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 76–77)
What This Means (2025 FDD)
According to Jersey Mikes' 2025 Franchise Disclosure Document, the audited financial statements for A Sub Above, LLC are included as Exhibit C-1. Additionally, the audited financial statements for Jersey Mike's Franchise Systems, Inc. are included as Exhibit C-2. These exhibits are part of Item 23, which lists all the exhibits attached to the Franchise Disclosure Document.
It is standard practice for franchisors to include audited financial statements in their FDDs to provide potential franchisees with an overview of the franchisor's financial health. These statements offer insights into the company's revenues, expenses, assets, and liabilities, helping franchisees assess the financial stability of Jersey Mikes.
Prospective franchisees should carefully review these financial statements and consider consulting with a financial advisor to fully understand the implications of the franchisor's financial position. Understanding the financial health of Jersey Mikes can help franchisees make informed decisions about investing in the franchise.