factual

What training program must the transferee complete to transfer a Jersey Mikes development agreement?

Jersey_Mikes Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (e) The transferee and the transferee's Controlling Principal and/or designated manager satisfactorily complete Franchisor's Area Developer training program, if any;

  • (f) The transferee and the transferee's Principals apply to Franchisor for acceptance as a Jersey Mike's developer, and furnishes to Franchisor the information and references that Franchisor requests to determine transferee's and its Principals' skills, qualifications and economic resources;

  • (g) The transferee and the transferee's Principals demonstrate that it and the Principals have the skills, qualifications, ethics, moral values and economic resources necessary, in Franchisor's judgment, to develop JERSEY MIKE's restaurants, and to fulfill its obligations to Franchisor;

  • (h) If the transferee and/or its Principals are an existing Jersey Mike's franchisee, the transferee and the transferee's Principals must be approved by Franchisor, in its sole and absolute discretion, for growth;

Source: Item 22 — CONTRACTS (FDD page 77)

What This Means (2025 FDD)

According to Jersey Mike's 2025 Franchise Disclosure Document, a transferee seeking to acquire a Jersey Mike's development agreement must complete the franchisor's Area Developer training program, if any. The FDD specifies that the transferee and their Controlling Principal or designated manager must satisfactorily complete this program.

This requirement ensures that the new developer is adequately prepared to uphold the Jersey Mike's brand standards and effectively manage the development of new franchise locations. The franchisor retains the discretion to determine whether such a training program is in place at the time of the transfer.

Furthermore, the transferee and their principals must apply for acceptance as a Jersey Mike's developer, providing all requested information and references to allow Jersey Mike's to assess their skills, qualifications, and economic resources. They must also demonstrate that they possess the necessary skills, qualifications, ethics, moral values, and economic resources to successfully develop Jersey Mike's restaurants and fulfill their obligations to the franchisor. This comprehensive evaluation process, including the training program, aims to maintain the integrity and stability of the Jersey Mike's system.

If the transferee or its principals are already existing Jersey Mike's franchisees, they must be approved for growth by Jersey Mike's, in its sole and absolute discretion. This condition ensures that even experienced franchisees meet the standards required for expanding their development responsibilities within the Jersey Mike's system.

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.