How many Jersey Mikes outlets in Arizona ceased operations for 'Other Reasons' during 2024?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2022 2023 2024 | 105 96 79 | |
| 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 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 66–76)
What This Means (2025 FDD)
According to Jersey Mikes' 2025 Franchise Disclosure Document, one outlet in Arizona ceased operations for "Other Reasons" during 2024. The table provided in Item 20 details the changes in outlet numbers across various states.
For a prospective franchisee, this information is crucial in understanding the stability and potential risks associated with operating a Jersey Mikes franchise in Arizona. While one closure for "other reasons" may not seem significant, it prompts further investigation into the specific circumstances.
Understanding the reasons behind such closures, whether due to market conditions, management issues, or other factors, can help a franchisee better prepare for potential challenges and mitigate risks. It's important to note that 'other reasons' is a broad category, and further clarification from Jersey Mikes on the specific causes would be beneficial for making an informed investment decision.