Jersey Mike’s FDD – Franchise Information, Costs and Fees
Type of Business
A SUB ABOVE, LLC offers franchises for the establishment, development, and operation of restaurant facilities for the on-premises and off-premises consumption of a wide assortment of made-to-order submarine type sandwiches, other sandwiches and related food products and beverages.
Corporate Information
A SUB ABOVE, LLC was formed as a limited liability company in the State of Delaware on October 31, 2019, with its principal place of business and business address as 2251 Landmark Place, Manasquan, New Jersey 08736. They began offering franchises for Jersey Mike’s restaurants in December 2019. They are an indirect wholly owned subsidiary of Jersey Mike’s Franchise Systems, Inc., a New Jersey corporation (“JMFS”). JMFS was the former franchisor of the JERSEY MIKE’S franchise system before the closing of the 2019 Securitization Transaction. JMFS is the parent company, directly or indirectly, of all JERSEY MIKE’S related entities. From February 1987 to December 2019, JMFS offered franchises for the JERSEY MIKE’S Franchised Restaurants.
Investment
The total initial investment necessary to begin operation of an individual Jersey Mike’s franchised restaurant ranges from $203,583 to $1,317,005. This includes $42,000 to $44,000 that you must pay to the franchisor.
If you enter into an area development agreement, you will obtain the right to acquire and operate between 3 and 10 Franchised Restaurants. The total investment necessary under a typical area development agreement with a commitment to develop between 3 and 10 Franchised Restaurants is
$50,000 and $120,000, all of which you must pay to the franchisor.
