How many Jersey Mikes franchise agreements have been signed in California, but the outlet has not yet opened?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
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TABLE NO. 5 PROJECTED OPENINGS AS OF DECEMBER 31, 2024
| State | Franchise Agreements Signed But Outlet Not Opened | Projected New Franchised Outlets in the Next Fiscal Year (Projected to Open in 2025) | Projected New Company Owned Outlets in the Next Fiscal Year |
|---|---|---|---|
| Alabama | 3 | 2 | 0 |
| Al |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 66–76)
What This Means (2025 FDD)
According to Jersey Mikes's 2025 Franchise Disclosure Document, as of the document's publication, there are 60 franchise agreements signed in California for which the outlets have not yet opened. This indicates a significant level of interest and investment in the Jersey Mikes brand within California.
For a prospective franchisee, this figure suggests both opportunity and potential competition. The high number of signed agreements indicates that California is a desirable market for Jersey Mikes, with room for growth. However, it also means that a franchisee may face competition from other Jersey Mikes locations that are also in the process of opening. It is important to consider the specific location and market conditions when evaluating a franchise opportunity in California.
Furthermore, the FDD indicates that 25 new franchised outlets are projected to open in California during the next fiscal year (2025). This provides further insight into the brand's growth strategy and expectations for the California market. A prospective franchisee should inquire about the timeline for opening their location and how it fits into the overall development plan for the state.