How many company-owned Jersey Mikes outlets were opened in Arizona during 2023?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
WNED OUTLETS STATUS SUMMARY FOR FISCAL YEARS 2022 TO 2024 1,2
| State | Year | Outlets Operating at Start of Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets Operating At End of Year |
|---|---|---|---|---|---|---|---|
| 2022 | 0 | 1 | 0 | 0 | 0 | 1 | |
| Arizona | 2023 | 1 | 1 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 1 | 1 | |
| 2022 | 5 | 1 | 0 | 0 | 0 | 6 | |
| California | 2023 | 6 | 0 | 0 | 0 | 1 | 5 |
| 2024 | 5 | 0 | 2 | 1 | 2 | 4 | |
| 2022 | 2 | 2 | 0 | 1 | 0 | 3 | |
| Connecticut | 2023 | 3 | 0 | 0 | 0 | 0 | 3 |
| 2024 | 3 | 0 | 1 | 0 | 0 | 4 | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Florida | 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 2 | 0 | 0 | 0 | 0 | 2 | |
| Indiana | 2023 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 1 | 1 | 0 | 0 | 4 | |
| 2022 | 1 | 1 | 0 | 0 | 0 | 2 | |
| Maryland | 2023 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 3 | 0 | 0 | 1 | 4 | |
| 2022 | 1 | 0 | 0 | 0 | 1 | 0 | |
| New Jersey | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
| Outlets | Outlets | Reacquired | Outlets | Outlets Sold | Outlets | ||
|---|---|---|---|---|---|---|---|
| State | Year | Operating at Start of Year | Opened | From Franchisee | Closed | to Franchisee | Operating At End of Year |
| Arizona | 2022 | 0 | 1 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 1 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 1 | 1 | |
| California | 2022 | 5 | 1 | 0 | 0 | 0 | 6 |
| 2023 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 66–76)
What This Means (2025 FDD)
According to Jersey Mikes' 2025 Franchise Disclosure Document, there was one company-owned outlet opened in Arizona during 2023. The table provided in Item 20 of the FDD outlines the number of outlets operating at the start of the year, the number of outlets opened, reacquired from franchisees, closed, sold to franchisees, and the number of outlets operating at the end of the year for various states.
Specifically, for Arizona in 2023, the table shows that there was one outlet operating at the start of the year and one outlet opened during the year. There were no outlets reacquired from franchisees, closed, or sold to franchisees. This resulted in two outlets operating in Arizona at the end of 2023.
It is important to note that Jersey Mikes does not own any restaurants directly. The company-owned outlets referenced in the FDD are restaurants owned by Jersey Mikes' affiliates. Additionally, the FDD indicates that following an acquisition by Blackstone, Inc., some company-owned outlets were re-designated as franchised outlets in January 2025.