How many new Jersey Mikes outlets opened in Iowa during 2022?
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 |
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 4 new Jersey Mikes outlets opened in Iowa during 2022. The table provided in Item 20 of the FDD outlines the number of outlets opened, the number operating at the start of the year, and the number operating at the end of the year for each state. At the start of 2022, there were 11 Jersey Mikes locations operating in Iowa. By the end of 2022, there were 15 locations operating in Iowa.
This information is relevant for prospective franchisees as it provides insight into the growth and expansion of Jersey Mikes in specific states. The data allows potential franchisees to assess the brand's performance and market penetration in a particular area. It also helps in understanding the saturation levels and potential for further growth in different regions.
Reviewing the number of new stores opened, alongside closures and transfers, helps a prospective franchisee evaluate the health and stability of the franchise system in a given market. This information, combined with other factors such as local market conditions and competition, can inform a franchisee's decision-making process.