How is the Real Estate and Construction Fee paid to Jersey Mike's?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
e content of the program.
- 3 Real Estate and Construction Fee. You must pay Company $5,000 for Company's assistance with the real estate and construction processes as you develop your Restaurant. The fee is due when you sign a lease for the Restaurant and must be paid via your automatic clearing house (ACH) account as described above. This fee is non-refundable. Company may waive this fee under the Exper
Source: Item 6 — OTHER FEES (FDD pages 15–24)
What This Means (2025 FDD)
According to Jersey Mike's 2025 Franchise Disclosure Document, the Real Estate and Construction Fee is $5,000. This fee compensates Jersey Mike's for their assistance during the real estate and construction phases of developing the restaurant.
The fee is due when the franchisee signs a lease for the restaurant. Payment must be made through the franchisee's automatic clearing house (ACH) account, which is also used for other payments to Jersey Mike's. This ACH account is described in the manual, and franchisees must establish it before acquiring an interest in the real property for their restaurant.
It is important to note that the Real Estate and Construction Fee is non-refundable. However, Jersey Mike's may waive this fee for franchisees participating in the Experienced Franchisee Program. This provides a potential benefit for existing franchisees looking to expand their operations. Prospective franchisees should confirm their eligibility for the Experienced Franchisee Program with Jersey Mike's to determine if they qualify for a waiver of this fee.