Following the Blackstone, Inc. acquisition, when will the 7 Company-Owned Jersey Mikes outlets no longer be considered Restaurants owned by Company's affiliates and instead be designated as franchised outlets?

According to Jersey Mikes' 2025 Franchise Disclosure Document, following the acquisition by Blackstone, Inc., 7 company-owned outlets will no longer be considered restaurants owned by the company's affiliates as of January 15, 2025. These outlets will subsequently be designated as franchised outlets. This change reflects a strategic shift in the ownership and operational structure of these specific locations.

For a potential franchisee, this means that the landscape of company-owned versus franchised locations is evolving. The conversion of these 7 company-owned outlets into franchised ones could present opportunities for new franchisees to acquire existing, established Jersey Mikes restaurants. It also signals a move towards a greater reliance on the franchise model for expansion and operation.

This transition may also impact the support and resources available to these newly franchised locations, as they shift from being managed directly by the company to being operated by individual franchisees. Prospective franchisees should inquire about the specific support and training programs in place to ensure a smooth transition and ongoing success for these converted outlets. Understanding the terms and conditions under which these company-owned stores are being converted to franchises is crucial for making an informed investment decision.

It would be prudent for potential franchisees to investigate the performance history of these specific 7 locations, as well as the reasons behind the decision to convert them to franchises. This information can provide valuable insights into the potential opportunities and challenges associated with acquiring and operating one of these newly franchised Jersey Mikes restaurants.