Monday, March 27, 2017

Update: Another Jersey Mike's sub shop opens locally

UPDATE (3/27/17): The latest Jersey Mike's sub shop has opened at 3057 Route 50, Saratoga Springs. The franchise owner is Jonathan Trager.

(Originally published 1/27/16)

How strong is the Jersey Mike's sandwich shop chain that just entered the Capital Region? Pretty darned strong, according to a major industry publication.

According to QSR, "Jersey Mike’s Subs, known for its authentic fresh sliced/fresh grilled subs, continued its strong growth in 2015, opening 197 new locations around the country and exceeding the 1,000-unit mark. Following its successful recipe of deliberate, well-considered expansion, Jersey Mike’s has more than doubled in size in just three years."

Venues in Glenmont and Clifton Park are among those new units. The chain, which began in 1956, expects to double its size again by 2019.

"In 2015, Jersey Mike’s continued attracting experienced franchisees, awarding 97 territories representing nearly 200 restaurants. More than 70% of the territories awarded went to existing owners, the first time that multi-unit operators outnumbered single-unit franchisees in the Jersey Mike’s system. ... [The company]  also continued seeing success with its nontraditional development strategy, awarding and opening its first casino location at the popular Mohegan Sun in Connecticut. The company also opened several university sites on New Jersey campuses."
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