News

Jersey Mike's grows footprint by 15 percent in 2011

January 26, 2012

Manasquan, N.J.-based Jersey Mike's Subs celebrated its 55th anniversary in 2011 by opening its milestone 500th restaurant. The chain also had a record unit growth of 15 percent, adding 69 new locations throughout the year.

Additionally, the company awarded contracts to open 216 restaurants in 76 territories.

"Our 55th year has been full of milestones, from opening our 50th restaurant in the Los Angeles area to entering new markets including San Antonio, Philadelphia and Louisiana," said Hoyt Jones, president, Jersey Mike's. "While we've seen record growth this year, we remain focused on the right growth – finding franchise partners who are savvy business people and share our passion for serving the best subs in the industry and giving back to our local communities."

In addition to awarding new territory to 33 existing franchise owners, Jersey Mike's also joined forces with restaurant industry veterans such as Bryan Selden of the Lone Star Restaurant Group, which operates 11 Great American Cookies, two Pretzel Times, six Wingstops and six Smashburgers (out of a 20-store agreement); and Steve Rosenfield and Linda Nash who own and operate 100-plus Carl's Jr. and Hardee's Restaurants throughout the country.

Jersey Mike's will continue its steady growth in 2012, opening new units in 23 states including California, Illinois, Texas, Virginia and Florida. Target markets for new franchisees include Seattle, New York, Atlanta, Minneapolis, Orlando and Tampa, Fla., Portland, Ore., New Jersey and Houston.

Read more about franchising and growth.