table_specific

How many Jersey Mikes franchises were transferred in California during 2024?

Jersey_Mikes Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Number of Transfers
Alabama 2022 0
2023 1
2024 1
California 2022 12
2023 8
2024 20
Colorado 2022 3
2023 0
2024 0
Connecticut 2022 1
2023 0
2024 1
Delaware 2022 0
2023 0
2024 0
Florida 2022 6
2023 22
2024 2
Georgia 2022 3
· · 2023 3
2024 1
Illinois 2022 3
2023 0
2024 2
Indiana 2022 2
2023 1
2024 2
Iowa 2022 2
2023 0
2024 0
Kansas 2022 0
2023 1
2024 0
Kentucky 2022 0
2023 3
2024 0
Louisiana 2022 0
2023 1
2024 0

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 66–76)

What This Means (2025 FDD)

According to Jersey Mike's 2025 Franchise Disclosure Document, there were 20 franchise transfers in California during 2024. This indicates the number of existing Jersey Mike's franchises that were sold to new franchisees within the state during that year. Franchise transfers can occur for various reasons, such as the original franchisee retiring, selling the business, or not fulfilling their franchise obligations.

For a prospective franchisee, a high number of transfers could signal a dynamic market with opportunities to acquire existing businesses rather than starting from scratch. However, it could also raise questions about franchisee satisfaction or the financial viability of locations if transfers are due to distress. Investigating the reasons behind these transfers would be a prudent step for anyone considering investing in a Jersey Mike's franchise in California.

It's important to note that franchise transfers are a normal part of the franchise lifecycle. The number of transfers can be influenced by economic conditions, local market dynamics, and the overall health of the Jersey Mike's franchise system. Reviewing transfer rates over multiple years, as provided in the FDD, can give a more comprehensive understanding of the stability and desirability of Jersey Mike's franchises in California.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.