What was the net cash used in financing activities for Jersey Mikes in 2022?

I am unable to provide the exact figure for the net cash used in financing activities for Jersey Mike's in 2022, as this specific data point is not present within the provided excerpts from the 2025 Franchise Disclosure Document. The excerpts do contain consolidated financial statements as of December 31, 2024 and 2023, and for the years ended December 31, 2024, 2023, and 2022. These statements would typically include details on cash flow from various activities, including financing.

To obtain this information, a prospective Jersey Mike's franchisee should carefully review the complete 2025 FDD, specifically the consolidated financial statements and related notes. If the information is not explicitly stated, they should consider asking the franchisor directly for the net cash used in financing activities for 2022 during their due diligence process. Understanding this figure is crucial for assessing the company's financial health and how it manages its debt and equity.

Understanding the details of Jersey Mike's financing activities can help a franchisee assess the financial stability of the company. This includes understanding how the company manages its debt, equity, and other financial obligations, all of which can impact the long-term viability of the franchise system.