How many new Jersey Mikes outlets opened in Alaska 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 | ||
| Alabama | 2022 | 21 | 8 | 0 | 0 | 0 | 0 | 29 |
| 2023 | 29 | 2 | 0 | 0 | 0 | 0 | 31 | |
| 2024 | 31 | 4 | 0 | 0 | 0 | 0 | 35 | |
| Alaska | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | |
| Arizona | 2022 | 63 | 7 | 0 | 0 | 0 | 0 | 70 |
| 2023 | 70 | 5 | 0 | 0 | 0 | 0 | 75 | |
| 2024 | 75 | 5 | 0 | 0 | 0 | 1 | 79 |
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, there were two new outlets opened in Alaska during 2023. The table provided in Item 20 of the FDD outlines the number of outlets opened, operating, and closed for various states over the past few years. This information is crucial for potential franchisees to understand the growth and stability of the franchise in different regions.
Specifically, the table details the number of Jersey Mikes outlets that were operating at the start of 2023, the number of outlets opened during the year, any outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and the total number of outlets operating at the end of the year. For Alaska in 2023, the table shows that there were zero outlets operating at the start of the year and two outlets opened during that year.
This data helps prospective franchisees evaluate the market penetration and expansion rate of Jersey Mikes in Alaska. It's important to note that while two outlets opened in 2023, franchisees should also consider other factors such as market saturation, local economic conditions, and competition to get a complete picture of the franchise's potential in Alaska. Reviewing the performance of these outlets and comparing them to other states can provide valuable insights for making an informed investment decision.