factual

What is the principal activity of A Sub Above, LLC, related to Jersey Mike's?

Jersey_Mikes Franchise · 2025 FDD

Answer from 2025 FDD Document

A Sub Above, LLC (The "Franchisor") was formed as a Delaware limited liability company in connection with the initial 2019 securitization transaction, which is further described in Note 4—Securitization Transactions. The Franchisor is a direct wholly owned subsidiary of Jersey Mike's Funding, LLC. The principal activity is the franchising of the Jersey Mike's submarine sandwich restaurants, a fast-casual

restaurant concept. franchises the trademarks, trade names, service marks, logos, marketing concepts, and marketing programs, which are the basic attributes of the franchised operations.

Source: Item 22 — CONTRACTS (FDD page 77)

What This Means (2025 FDD)

According to Jersey Mike's 2025 Franchise Disclosure Document, A Sub Above, LLC is primarily involved in franchising Jersey Mike's submarine sandwich restaurants, which are characterized as a fast-casual restaurant concept. A Sub Above, LLC, franchises the trademarks, trade names, service marks, logos, marketing concepts, and marketing programs that define the franchised operations.

This entity was formed as a Delaware limited liability company following the initial 2019 securitization transaction. A Sub Above, LLC, is a direct, wholly-owned subsidiary of Jersey Mike's Funding, LLC. This structure is part of a broader arrangement involving several entities created in connection with the securitization transaction, including JM SPV Guarantor, LLC, and JM 75, LLC.

For a prospective franchisee, this means that A Sub Above, LLC, is the specific legal entity they will contract with to obtain the rights to operate a Jersey Mike's franchise. It is important for franchisees to understand the role of A Sub Above, LLC, within the larger Jersey Mike's corporate structure, as this can have implications for legal and financial matters related to their franchise agreement. The franchisee should also note that Jersey Mike's can modify the system related to the restaurant, including the design and color scheme, recipes, and operational procedures.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.