Own a Franchise


There is a wide range for an individual franchise. Your initial investment may vary depending on numerous factors, including the condition of the premises, the amount of construction performed by the landlord, geographic areas and your capabilities. The following estimated investment information is further explained in our Jersey Mike’s Canada 2023 Disclosure Document. The estimated initial investment for developing a Jersey Mike's franchise breaks down as follows:

Type of Expenditure Actual or Estimated Amounts (US$) Method of Payment When Due To Whom Payment Is To Be Made
Total $209,449 – $1,347,580
Initial Franchise Fee $18,500 Lump Sum On Signing of the Franchise Agreement Franchisor
Rent/Lease CAM/Taxes/Lease
and Utility Security Deposits
$0 - $67,709 Monthly Monthly Landlord
Architectural Fees $2,389 - $28,796 As Incurred As Arranged Approved Suppliers
Leasehold Improvements $110,000 - $762,064 As Arranged As Arranged Landlord or Contractors
Equipment/Furniture/Small Wares $28,961 - $152,550 As Arranged As Arranged Designated and Approved Suppliers
Initial Inventory $4,200 - $27,465 As Arranged As Arranged Designated and Approved Suppliers
Insurance $1,000 - $13,829 As Arranged As Arranged Your Insurance Franchisor
Training $2,000 - $86,400 As Incurred As Incurred Transportation, Hotels, Restaurants, Staff Salaries
Grand Opening Advertising $12,500 Lump Sum On Signing Lease Franchisor
Exterior Signage $2,370 – $53,100 As Arranged As Arranged Approved Suppliers
Interior Branding/Graphics $3,074 - $14,684 As Incurred As Incurred Approved Suppliers
Uniforms, Office Equipment and Supplies, TVs/Stereo
System/Security System
$3,258 - $38,531 As Incurred As Incurred Designated and Approved Suppliers
POS System $2,085 - $17,452 As Incurred As Incurred Designated Suppliers
POS System Connection to Private Network $3,000 As Incurred Prior to Opening Franchisor
Professional Fees $800 - $18,000 As Incurred As Incurred Accountant, Solicitor
Business Licences and Permits $312 - $18,000 As Incurred As Incurred Local Municipality, Provincial
Additional Funds for 3 months $15,000 As Incurred As Incurred Approved Suppliers, Employees

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for informational purposes only. Certain provinces and foreign countries have laws governing the offer and sale of franchises. If you are a resident of one of these provinces or foreign countries, we will not offer you a franchise unless and until we have complied with all applicable legal requirements in your jurisdiction.