How many Jersey Mikes outlets were transferred in Alabama during 2023?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 |
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 was one transfer of a Jersey Mikes outlet in the state of Alabama during 2023. This information is part of Item 20 in the FDD, which covers details about the number of franchise transfers over the past three years.
For a prospective franchisee, this data point provides insight into the stability and desirability of existing Jersey Mikes locations in Alabama. A low number of transfers could indicate that franchisees are generally satisfied with their businesses and are not looking to sell. Conversely, a high number might warrant further investigation into the reasons behind the transfers.
It's important to note that transfer numbers alone don't tell the whole story. A potential franchisee should also consider factors such as the financial performance of the transferred stores, the reasons for the transfers (e.g., retirement, relocation, or underperformance), and the overall health of the Jersey Mikes brand in the Alabama market. This information can be gathered by speaking with current and former franchisees and by conducting thorough due diligence.
Franchise transfers are a normal part of the franchise lifecycle, as franchisees may eventually decide to sell their businesses for various reasons. Understanding the transfer trends in a specific market can help a prospective franchisee assess the risks and opportunities associated with investing in a Jersey Mikes franchise in that area.