How many Jersey Mikes locations ceased operations for 'other reasons' in Georgia during 2023?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlets | Ceased | Outlets | ||||||
|---|---|---|---|---|---|---|---|---|
| Reacquired | ||||||||
| Year | Operating | Outlets | Terminations | Non- | by | Operations- | Operating | |
| State | at Start of Year | Opened | Renewals | Franchisor | Other Reasons | At Year End | ||
| Connecticut | 2022 | 27 | 3 | 0 | 0 | 0 | 0 | 30 |
| 2023 | 30 | 1 | 0 | 0 | 0 | 0 | 31 | |
| 2024 | 31 | 7 | 0 | 0 | 1 | 0 | 37 | |
| Delaware | 2022 | 6 | 2 | 0 | 0 | 0 | 0 | 8 |
| 2023 | 8 | 2 | 0 | 0 | 0 | 0 | 10 | |
| 2024 | 10 | 1 | 0 | 0 | 0 | 0 | 11 | |
| District of | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| Columbia | ||||||||
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Florida | 2022 | 172 | 24 | 0 | 0 | 0 | 0 | 196 |
| 2023 | 196 | 19 | 0 | 0 | 0 | 1 | 214 | |
| 2024 | 214 | 24 | 0 | 0 | 0 | 2 | 236 | |
| Georgia | 2022 | 81 | 16 | 0 | 0 | 0 | 1 | 96 |
| 2023 | 96 | 14 | 0 | 0 | 0 | 1 | 109 | |
| 2024 | 109 | 12 | 0 | 0 | 0 | 1 | 120 |
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, in 2023, one location in Georgia ceased operations for "other reasons." This information is part of a larger table detailing outlet information across various states and years. The table provides a year-by-year breakdown of store openings and closures.
This data point is important for prospective franchisees as it offers insight into the stability and performance of Jersey Mikes franchises in specific geographic areas. A high number of closures for "other reasons" might warrant further investigation into the factors causing these closures. These factors could include market saturation, local economic conditions, or issues with franchise management.
It is also worth noting that the FDD provides similar data for other states and years, allowing potential franchisees to compare the performance of Jersey Mikes locations across different regions. This comprehensive overview can help in making a more informed decision about where to invest in a franchise. Reviewing this data in its entirety will give a potential franchisee a broader understanding of the brand's performance.