Jersey Mike's vs Fosters Freeze
Franchise Comparison 2026
Both Jersey Mike's and Fosters Freeze are quick-service restaurants franchises. Jersey Mike's requires an investment of $436K – $1.2M while Fosters Freeze requires $612K – $1.0M. In terms of revenue, Jersey Mike's reports higher average unit revenue at $1.4M. Jersey Mike's has SBA lending data on file with a 4.4% charge-off rate. FranchiseVerdict rates Jersey Mike's A (Strongest tier) and Fosters Freeze B (Above average).
| Metric | Jersey Mike's | Fosters Freeze |
|---|---|---|
| Verdict Grade | AStrongest tier | BAbove average |
| Investment Range | $436K – $1.2M | $612K – $1.0M |
| Franchise Fee | $20K | $45K |
| Royalty Rate | 6.5% | 4.0% |
| Average Revenue (Item 19) | $1.4M | $1.3M |
| SBA Charge-Off Rate | 4.4% (667 loans) | Limited data |
| Total Units | 3,227 | 61 |
| Unit Growth (YoY) | +246 units | -2 units |
| Year Began Franchising | 1987 | 2015 |
| FDD Year | 2026 | 2024 |
Investment Range
$436K – $1.2M
$612K – $1.0M
Franchise Fee
$20K
$45K
Royalty Rate
6.5%
4.0%
Average Revenue (Item 19)
$1.4M
$1.3M
SBA Charge-Off Rate
4.4% (667 loans)
Limited data
Total Units
3,227
61
Unit Growth (YoY)
+246 units
-2 units
Year Began Franchising
1987
2015
FDD Year
2026
2024