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Jersey Mikes Franchise Restaurants for Sale in Atlanta

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404-892-4999

Jersey Mikes Franchises For Sale Jersey Mikes Sub Franchises For Sale Jersey Mikes Subs For Sale Deli  Franchises For Sale Sub Shop Jersey Mikes Franchises For Sale


Atlanta Restaurant Exchange
1708 Peachtree ST NW
Suite 520
Atlanta Georgia 30309

Call Today for An Appointment
404-892-4999

This Jersey Mikes Franchise For Sale would be a STEAL at $185,000
However the owner will consider ALL Offers!
Far Less than what it would cost to open a New Jersey Mike's Franchise!

How much does it cost to develop a Jersey Mike's 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 estimated initial investment for developing
a Jersey Mike's franchise breaks down as follows:

EXPENSE LOW HIGH
TOTAL $133,226 $384,333
Initial Franchise Fee $18,500 $18,500
Rent $1,200 $8,000
Lease & Utility Security Deposits $1,260 $18,720
Leasehold Improvements $35,000 $184,591
Equipment (lease down payment) $39,221 $71,145
Initial Inventory & Supplies $5,000 $8,739
Insurance $1,000 $6,000
Training $1,500 $10,000
Employee Training $1,500 $1,500
Grand Opening Advertising $7,500 $7,500
Signage $2,695 $15,338
Office Equipment & Supplies $2,000 $4,000
POS System $6,300 $10,300
Architectural Fees $500 $10,000
Additional Funds for 3 months $10,000 $10,000


From Jersey Mike's Franchise Website:

It started back in 1956, in this actual storefront location
and was originally called Mike's Subs.

Mike opened the small shop in the sea-side town of Point Pleasant,
New Jersey. You have to remember that in 1956, there were very few
franchise restaurants or hamburger chains. No chain pizza, chicken or taco restaurants, either.
In 1956, proprietors or mom-and-pop businesses would open their stores in basic storefront locations
like you see here. To survive and thrive, they had to offer exceptional quality products,
coupled with unparalleled service. In 1956, Mike was unique in that the product
he was offering was a relatively new item in American society
the submarine sandwich.

Mike also benefited from the geographic location of his store.
Point Pleasant, New Jersey is centrally located in the state on the legendary Jersey Shore.
It is approximately 1 hour south of New York City, 1 hour east of Philadelphia, and
about 3 hours north of Maryland, Delaware and Washington, D.C.
For over a century, the people that lived and worked in these metropolitan areas
would flock to Point Pleasant to experience the sun, surf, sand, boardwalk, salt water taffy,
and all the treasures that made up the legendary Jersey Shore experience.

Mike capitalized on the influx of vacationers, visitors and local residents
by offering them his unique new product — submarine sandwiches.
But what really differentiated his restaurant was the experience he gave his customers.
Recognizing them by name, and knowing the sandwich they were going to order,
because of their frequent visits. People would line up throughout the summe
r to buy the sub sandwiches that Mike was selling, and to enjoy the experience of coming into his shop.
For over half a decade, he built the business into a thriving landmark,
and was a pioneer of the authentic subs sandwich.

In 1972, Peter Cancro was a high school student in Point Pleasant, New Jersey.
He began working at Mike's Subs at the age of 14. Peter loved working at Mike's.
He loved authentic submarine sandwiches. But even more, Peter loved working
behind the counter, interacting and talking with the customers.
He liked learning about where they were from and their summer vacation experiences.
He took pride in knowing which authentic sub sandwich his loyal customer would order
as they entered the store. When Peter was a senior in high school, he overheard
the owner of Mike's Subs discussing selling the business. He thought to himself,
"I love the food, I love working in the store, maybe I'll buy the shop."
Pretty ambitious for a 17 year old kid. Peter approached his football coach and said
"Hey coach, Mike's Sub shop is for sale, and I'm interested in buying it.
Can you help me out?" It didn't hurt that his football coach was also a banker.
The football coach came through for Peter, and backed his loan.
So, at the tender age of 17 — before he was legally able to slice a sub
— Peter Cancro became the owner and proprietor of Mike's Subs.

Shortly after buying Mike's, he married his wife Linda, and they opened
a couple more local outlets of Mike's Subs. Peter expanded upon
the phenomenon of Mike's Subs. Teaching the crew to interact and talk with the customer,
to share a passion for getting to know the customer. He spent the next decade building
on the cult-like following that Mike's Subs already enjoyed. They would have customers
lined up out the door in the summertime waiting to get
the authentic sub sandwiches that Mike's was famous for.

In the mid-eighties, Peter heard more and more people say,
"Peter, we're going to miss you and your subs this winter.
We sure wish you would put a Mike's where we live!"
People would come in at the end of the summer
and get several giant subs wrapped for travel, to carry back to their homes across the country.
This got Peter thinking, and he started researching the possibilities of franchising the Mike's concept
. In 1987, Peter began franchising. He changed the name from Mike's Subs to
Jersey Mike's Subs to capture the authenticity
of where the authentic sub sandwich was born.

Today, Peter Cancro is CEO of Jersey Mike's Franchise Systems Inc.,
overseeing 350+ franchise restaurants. Despite the title,
Peter still jumps behind the counter to test his skills and demonstrate his passion
for the product and the customer. He tries to instill that passion in every store
he enters and with every franchisee he meets.

Today, the authentic taste – served Mike's Way with lettuce, onions,
tomatoes, oil, vinegar and spices – is available nationwide. Our secret?
Everything about Jersey Mike’s is high quality.
Our certified Angus Beef top rounds are trimmed and cooked right in the store.
Our meats and cheeses are all top-quality premium brands.
Our bread is fresh-baked each day on the premises.
And of course, everything’s prepared right in front of you.
It’s what makes Jersey Mike’s the most authentic tasting submarine sandwich available.
And it’s a tradition of quality we’ll never outgrow.

What Franchisees Are Saying...

The last five years have been the most rewarding in my life.
I went from the corporate world
to opening five Jersey Mike’s Subs Franchises.
Offering the freshest, highest quality, sub sandwich
in the market along with extremely positive guest experiences
makes every day a great day. I wouldn’t do anything else.

Dan Burrell

 

If this is your first foray into owning a business,
Jersey Mike's Franchise Offers Full Training and Support!.


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Atlanta Restaurant Exchange
1708 Peachtree ST NW
Suite 520
Atlanta Georgia 30309

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404-892-4999

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Important Note:
Photos used in this page are not
of this shop or of actual production.

These are similar images for representation of this Jersey Mike's Franchise For Sale only.