What was the total number of Jersey Mikes franchise transfers across all states in 2022?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
AN THE FRANCHISOR) FOR FISCAL YEARS 2022 TO 2024 1
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| California | 2022 | 12 |
| 2023 | 8 | |
| 2024 | 20 | |
| Colorado | 2022 | 3 |
| 2023 | 0 | |
| 2024 | 0 | |
| Connecticut | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 1 | |
| Delaware | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Florida | 2022 | 6 |
| 2023 | 22 | |
| 2024 | 2 | |
| Georgia | 2022 | 3 |
| · · | 2023 | 3 |
| 2024 | 1 | |
| Illinois | 2022 | 3 |
| 2023 | 0 | |
| 2024 | 2 | |
| Indiana | 2022 | 2 |
| 2023 | 1 | |
| 2024 | 2 | |
| Iowa | 2022 | 2 |
| 2023 | 0 | |
| 2024 | 0 | |
| Kansas | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Kentucky | 2022 | 0 |
| 2023 | 3 | |
| 2024 | 0 | |
| Louisiana | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 |
| State | Year | Number of Transfers |
|---|---|---|
| Maine | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Massachusetts | 2022 | 0 |
| 171dbbdc11dbcttb | 2023 | 10 |
| 2024 | 1 | |
| Michigan | 2022 | 31 |
| TVIIOIII Suii | 2023 | 2 |
| 2024 | 1 | |
| Minnesota | 2022 | 2 |
| 1/111110000 | 2023 | 2 |
| 2024 | 1 | |
| Mississippi | 2022 | 0 |
| iviiosiosippi | 2023 | 0 |
| 2024 | 1 | |
| Missouri | 2022 | 4 |
| 1711000 011 | 2023 | 1 |
| 2024 | 0 | |
| Nebraska | 2022 | 1 |
| rvoiusku | 2023 | 0 |
| 2024 | 2 | |
| Nevada | 2022 | 0 |
| rvevada | 2023 | 1 |
| 2024 | 1 | |
| New Hampshire | 2022 | 0 |
| 110W Hampsinic | 2023 | 1 |
| 2024 | 0 | |
| New Jersey | 2022 | 0 |
| New Jersey | 2023 | 1 |
| 2024 | 0 | |
| New York | 2022 | 0 |
| 100 TOIR | 2023 | 0 |
| 2024 | 2 | |
| North Carolina | 2022 | 18 |
| Troitin Caronna | 2023 | 2 |
| 2024 | 2 | |
| Ohio | 2022 | 0 |
| Ollio | 2023 | 7 |
| 2024 | 3 | |
| Pennsylvania | 2022 | 1 |
| 1 211110 / 1 / 411114 | 2023 | 5 |
| 2024 | 0 | |
| Rhode Island | 2022 | 0 |
| ranoue island | 2023 | 0 |
| 2024 | 2 | |
| South Carolina | 2024 | 1 |
| South Carollia | 2022 | 3 |
| 2023 | 1 | |
| 2024 | 1 |
| State | Year | Number of Transfers |
|---|---|---|
| Tennessee | 2022 | 10 |
| 2023 | 0 | |
| 2024 | 1 | |
| Texas | 2022 | 2 |
| 2023 | 18 | |
| 2024 | 12 | |
| Utah | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 10 | |
| Virginia | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Washington | 2022 | 0 |
| 2023 | 2 | |
| 2024 | 3 | |
| Wisconsin | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 5 | |
| Totals | 2022 | 105 |
| 2023 | 96 | |
| 2024 | 79 |
- The numbers are as of December 31 of each year.
TABLE NO.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 66–76)
What This Means (2025 FDD)
According to Jersey Mike's 2025 Franchise Disclosure Document, there were a total of 105 franchise transfers across all states in 2022. This number is derived from the provided table which lists the number of transfers per state for the years 2022, 2023 and 2024. Franchise transfers occur when an existing franchisee sells their franchise to a new owner, which can happen for various reasons such as retirement, relocation, or a change in business interests.
For a prospective Jersey Mike's franchisee, the number of transfers can be an indicator of the stability and desirability of the franchise system. A high number of transfers might suggest that franchisees are struggling or dissatisfied, while a low number could indicate a stable and successful network. However, it's important to consider the context behind these numbers. Transfers can also occur due to positive reasons, such as franchisees retiring after a successful run or selling to expand their operations elsewhere.
It is also important to note the number of transfers in comparison to the total number of franchise locations. A transfer rate of 10% may be a cause for concern, while a rate of 1% may be considered normal. It is important to evaluate these numbers and compare them to the overall health of the franchise.
When researching a franchise opportunity, it is always a good idea to speak with current and former franchisees to understand their experiences and the reasons behind any transfers. This can provide valuable insights into the franchise system and help a prospective franchisee make an informed decision.