Under what circumstances might Jersey Mikes waive the Real Estate and Construction Fee?
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 of $5,000 may be waived under the Experienced Franchisee Program. This fee covers Jersey Mike's assistance with real estate and construction processes during the development of the restaurant. The fee is due when the franchisee signs a lease for the restaurant and is non-refundable in most cases.
For prospective franchisees, this waiver presents a potential cost-saving opportunity if they qualify for the Experienced Franchisee Program. It is important to note that the criteria for this program and the specific conditions under which the fee is waived are not detailed in this excerpt. Therefore, franchisees should inquire with Jersey Mike's about the requirements and eligibility for the Experienced Franchisee Program to determine if they can benefit from this waiver.
Franchisors often offer incentives or waivers to experienced franchisees as a way to attract qualified individuals with a proven track record in the industry. This can be mutually beneficial, as experienced franchisees may require less support and are more likely to successfully operate their franchise. However, the decision to waive the fee remains at the discretion of Jersey Mike's, so eligibility does not guarantee a waiver.