Jersey Mike's (2026 FDD) Jimmy John's (2026 FDD) Side-by-Side Comparison
Jersey Mike's vs Jimmy John's Franchise Cost (2026)
Which lists a lower Item 7 minimum? Jimmy John's lists the lower Item 7 minimum estimate at $366,200, compared with $436,176 for Jersey Mike's (a difference of $69,976). Their high estimates are $733,500 and $1,162,228, respectively. Actual site costs can differ.
How do Item 6 percentage fees compare? No combined percentage is compared here; each fee is listed as Item 6 states it. Jersey Mike's: royalty 6.5% of Gross Receipts; brand fund 1% of Gross Receipts + 4% of Gross Receipts. Jimmy John's: royalty 6% of Gross Sales; brand fund 4.5% of Gross Sales.
Which provides Item 19 financial disclosures? Both franchisors disclose financial performance representations in Item 19: Jersey Mike's reports Average Unit Volume (Gross Receipts) for Traditional Franchised Restaurants: $1,367,578 (2025; 2,606 traditional franchised restaurants operating full year), while Jimmy John's reports Average gross sales for franchised restaurants in the included sample: $1,007,437 (Fiscal 2025 (December 30, 2024-December 28, 2025); 2,581 included franchised restaurants: 2,556 traditional and 25 non-traditional; quartile or extreme row as labeled). The definitions, periods and samples can differ. Sales figures do not represent owner take-home income.
Side-by-side cost & fee comparison
Investment and fee figures use the formats recorded in each linked FDD analysis. Combined percentages, annualized fees and comparable outlet changes are calculations from those records. Fee conditions and samples can differ.
| Disclosure Metric | Jersey Mike's | Jimmy John's |
|---|---|---|
| FDD Year & Filing State | 2026 FDD (MN) | 2026 FDD (MN) |
| Category | Restaurants & Food | Restaurants & Food |
| Item 7 Total Investment | $436,176 – $1,162,228 | $366,200 – $733,500 |
| Item 5 Franchise Fee | $20,000 | $35,000 |
| Item 6 Royalty | 6.5% of Gross Receipts | 6% of Gross Sales |
| Item 6 Brand / Advertising Fund | 1% of Gross Receipts + 4% of Gross Receipts | 4.5% of Gross Sales |
| Sales-Based Percentage FeesFixed fees, minimums and sales-subset charges are separate. | 11.5% of sales | Not a single percentage of sales |
| Recurring Fixed Fees (Annual) | $5,218/yr | See Item 6 conditions |
| Required Liquid Capital | Not specified | $200,000 |
| Required Net Worth | Not specified | $1,000,000 |
| Capital Requirement Source & Conditions | Not specified | Franchisor website, checked October 29, 2026 |
| Item 19 Financial Disclosures? | Yes Average Unit Volume (Gross Receipts) for Traditional Franchised Restaurants: $1,367,578 (2025; 2,606 traditional franchised restaurants operating full year) View Jersey Mike's earnings | Yes Average gross sales for franchised restaurants in the included sample: $1,007,437 (Fiscal 2025 (December 30, 2024-December 28, 2025); 2,581 included franchised restaurants: 2,556 traditional and 25 non-traditional; quartile or extreme row as labeled) View Jimmy John's earnings |
| Total System Outlets | 3,227 units | Not comparable |
| 3-Year Net Unit Growth | +840 franchised | Not comparable |
| 3-Year Average Franchise Exit Rate | 0.4% / yr | Not comparable |
| Initial Agreement Term | 10 years | 10 years |
| FDD Verification Status | Verified FDD Data | Source review hold |
Item 20 outlet histories and comparison limits
In Item 20 for 2023–2025, Jersey Mike's added a net 840 franchised outlets, with an average annual franchised exit rate of 0.4%. Jimmy John's is on source-review hold. The FDD's printed outlet rows remain below, but calculated system totals, net growth and exit rates are withheld from this comparison. Net changes shown here use the FDD's printed start and end counts. Reported exits include terminations, non-renewals, franchisor reacquisitions and other cessations; they are not all business closures.
| System | Year | Start Outlets | Opened | Reported Exits | End Outlets | Franchise Exit Rate |
|---|---|---|---|---|---|---|
| Jersey Mike's | 2023 | 2,361 | +296 | -10 | 2,647 | 0.4% |
| Jersey Mike's | 2024 | 2,647 | +319 | -11 | 2,955 | 0.4% |
| Jersey Mike's | 2025 | 2,955 | +259 | -13 | 3,201 | 0.4% |
| Jimmy John's | 2023 | 2,597 | +58 | -53 | 2,602 | — |
| Jimmy John's | 2024 | 2,602 | +88 | -43 | 2,647 | — |
| Jimmy John's | 2025 | 2,647 | +123 | -33 | 2,737 | — |
Detailed brand guides and earnings disclosures
Review our full itemized analysis for each system, including complete Item 7 line-by-line tables and Item 6 fee rules.
- Jersey Mike's Full Cost Breakdown Item 7 line-by-line costs & fee definitions
- Jersey Mike's Item 19 Figures Item 19 financial representations & sample sizes
- Jimmy John's Full Cost Breakdown Item 7 line-by-line costs & fee definitions
- Jimmy John's Item 19 Figures Item 19 financial representations & sample sizes
Official FDD sources
Franchise costs, fees and outlet records on this comparison page were compiled from the respective brand's official Franchise Disclosure Document filed with state regulators. Capital and net-worth requirements may instead come from the franchisor website when the FDD does not state them; those sources and conditions appear in the table above.
- Jersey Mike's: 2026 FDD, issued 2026-04-10 (amended 2026-08-26), filed with MN regulators. View Jersey Mike's filing record.
- Jimmy John's: 2026 FDD, issued 2026-03-26 , filed with MN regulators. View Jimmy John's filing record.
Frequently Asked Questions: Jersey Mike's vs Jimmy John's
These answers include records with unresolved source checks. Read the Jersey Mike's source qualifications and Jimmy John's source qualifications before using the figures.
- Which lists a lower Item 7 minimum, Jersey Mike's or Jimmy John's?
- Jimmy John's lists the lower Item 7 minimum estimate at $366,200, compared with $436,176 for Jersey Mike's (a difference of $69,976). Their high estimates are $733,500 and $1,162,228, respectively. Actual site costs can differ.
- How do Jersey Mike's and Jimmy John's Item 6 percentage fees compare?
- No combined percentage is compared here; each fee is listed as Item 6 states it. Jersey Mike's: royalty 6.5% of Gross Receipts; brand fund 1% of Gross Receipts + 4% of Gross Receipts. Jimmy John's: royalty 6% of Gross Sales; brand fund 4.5% of Gross Sales.
- Do Jersey Mike's or Jimmy John's provide Item 19 financial disclosures?
- Both franchisors disclose financial performance representations in Item 19: Jersey Mike's reports Average Unit Volume (Gross Receipts) for Traditional Franchised Restaurants: $1,367,578 (2025; 2,606 traditional franchised restaurants operating full year), while Jimmy John's reports Average gross sales for franchised restaurants in the included sample: $1,007,437 (Fiscal 2025 (December 30, 2024-December 28, 2025); 2,581 included franchised restaurants: 2,556 traditional and 25 non-traditional; quartile or extreme row as labeled). The definitions, periods and samples can differ. Sales figures do not represent owner take-home income.
- What do the Item 20 outlet records show for Jersey Mike's and Jimmy John's?
- In Item 20 for 2023–2025, Jersey Mike's added a net 840 franchised outlets, with an average annual franchised exit rate of 0.4%. Jimmy John's is on source-review hold. The FDD's printed outlet rows remain below, but calculated system totals, net growth and exit rates are withheld from this comparison. Net changes shown here use the FDD's printed start and end counts. Reported exits include terminations, non-renewals, franchisor reacquisitions and other cessations; they are not all business closures.