How many Jersey Mikes franchise transfers occurred in Texas during 2023?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Tennessee | 2022 | 10 |
| 2023 | 0 | |
| 2024 | 1 | |
| Texas | 2022 | 2 |
| 2023 | 18 | |
| 2024 | 12 | |
| Utah | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 10 | |
| Virginia | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Washington | 2022 | 0 |
| 2023 | 2 | |
| 2024 | 3 | |
| Wisconsin | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 5 | |
| Totals | 2022 | 105 |
| 2023 | 96 | |
| 2024 | 79 |
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 were 18 franchise transfers in Texas during 2023. This indicates the number of times existing Jersey Mikes franchises were sold or transferred to new owners within the state during that year.
For a prospective franchisee, a high number of transfers could signal a dynamic market with opportunities to acquire existing businesses. However, it could also raise questions about why franchisees are choosing to sell. Investigating the reasons behind these transfers, such as franchisee performance, market conditions, or personal circumstances, would be a prudent step for anyone considering investing in a Jersey Mikes franchise in Texas.
It's important to note that franchise transfers are a normal part of the franchise lifecycle, as franchisees may retire, pursue other ventures, or face unforeseen circumstances. The number of transfers should be considered in the context of the total number of Jersey Mikes locations in Texas to determine the overall stability and health of the franchise system in that state.