How many Jersey Mikes franchise transfers occurred in Tennessee during 2022?

According to Jersey Mikes' 2025 Franchise Disclosure Document, there were 10 franchise transfers in Tennessee during 2022. This information is part of Item 20, which details outlet and franchisee information, including the number of transfers that occurred over the past three years. Franchise transfers can occur for various reasons, such as a franchisee selling their business to another party, or the franchisor reacquiring the franchise.

For a prospective franchisee, the number of transfers can be an important indicator of the stability and desirability of owning a Jersey Mikes franchise in a particular state. A high number of transfers might suggest that franchisees are struggling or looking to exit the system, while a low number could indicate satisfaction and stability. However, it is important to consider the reasons behind the transfers, as some may be due to retirement or other personal circumstances.

It's also worth noting that transfer numbers can fluctuate from year to year, as seen in Tennessee, where the number of transfers was 10 in 2022, 0 in 2023, and 1 in 2024. This highlights the importance of looking at trends over multiple years rather than focusing on a single year's data. A prospective franchisee should inquire with Jersey Mikes about the reasons for transfers in specific states to gain a better understanding of the local market dynamics.