FranchiseBudget

Jersey Mike's vs Subway Franchise Cost 2026

Jersey Mike's runs $252K–$755K. Subway runs $229K–$522K. The gap at midpoint: $128K.

Jersey Mike's

$252K–$755K

total investment

Investment Difference

$128K

Subway costs less

Subway

$229K–$522K

total investment

Cost Breakdown

Category Jersey Mike's Subway Lower Cost
Total Investment $252K–$755K $229K–$522K Subway
Franchise Fee $18,500 $15,000 Subway
Royalty Rate 6.5% 8.0% Jersey Mike's
Ad Fund Fee 2.0% 4.5% Jersey Mike's
Net Worth Required $300K $100K Subway
Liquid Capital $100K $100K Jersey Mike's
Est. Break-Even 13.7 yr N/A

Jersey Mike's Profile

Category
food
Total Investment
$252K–$755K
Franchise Fee
$18,500
Royalty
6.5%
Est. Annual Revenue
$1.0M
Full Jersey Mike's Cost Breakdown →

Subway Profile

Category
food
Total Investment
$229K–$522K
Franchise Fee
$15,000
Royalty
8.0%
Est. Annual Revenue
$430K
Full Subway Cost Breakdown →

Bottom Line

Subway costs $128K less to open at the midpoint. That difference goes toward working capital or a second location. Jersey Mike's also wins on royalty rate.