How many franchised Jersey Mikes outlets were operating at the end of 2023?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
IDE OUTLET SUMMARY FOR FISCAL YEARS 2022 TO 2024 1
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 2069 | 2361 | +292 | |
| Franchised | 2023 | 2361 | 2647 | +286 |
| 2024 | 2647 | 2955 | +308 |
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 2,667 franchised outlets operating at the end of 2023. This number reflects the total count of Jersey Mikes franchise locations that were open and running as of December 31, 2023.
For a prospective franchisee, this figure provides insight into the overall size and reach of the Jersey Mikes franchise system. It demonstrates the brand's established presence and market penetration across various locations. A large number of operating outlets can suggest a well-recognized brand with established operational systems.
It's important to note that this number represents the total; individual franchisee performance can vary widely based on location, management, and local market conditions. While a large number of outlets can be reassuring, prospective franchisees should still conduct thorough due diligence, including reviewing Item 19 financial performance representations and speaking with existing franchisees to understand their experiences and financial outcomes.