How many Jersey Mikes locations were opened in New York during 2023?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
WNED OUTLETS STATUS SUMMARY FOR FISCAL YEARS 2022 TO 2024 1,2
| State | Year | Outlets Operating at Start of Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets Operating At End of Year |
|---|---|---|---|---|---|---|---|
| 2022 | 0 | 1 | 0 | 0 | 0 | 1 | |
| Arizona | 2023 | 1 | 1 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 1 | 1 |
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 locations opened in New York during 2023. The table in Item 20 provides a detailed overview of outlet activity by state and year, which includes the number of outlets opened, as well as other changes such as closures, re acquisitions, and transfers. This information is crucial for potential franchisees to understand the brand's growth and stability in specific markets.
Specifically, the FDD details the number of Jersey Mikes stores that were operating at the start of the year, the number of new stores opened during the year, and the number of stores operating at the end of the year. This allows potential franchisees to assess the net growth of the franchise system in a particular state. The data also includes information on stores that were reacquired by the franchisor, terminated, or ceased operations for other reasons, providing a comprehensive view of outlet dynamics.
For a prospective franchisee, this level of detail offers valuable insights into the performance and expansion of Jersey Mikes in different geographic areas. Reviewing this historical data can help them evaluate the potential for success in their target market and understand the factors that may influence outlet performance. It is important to note that past performance is not necessarily indicative of future results, but it can provide a useful benchmark for assessing the franchise opportunity.