Jersey Mike's vs Panera Bread
Franchise Comparison 2026
Both Jersey Mike's and Panera Bread are quick-service restaurants franchises. Jersey Mike's requires an investment of $436K – $1.2M while Panera Bread requires $1.3M – $4.7M. In terms of revenue, Panera Bread reports higher average unit revenue at $2.6M. Note: Reported as net sales, not gross sales. 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 Panera Bread A (Strongest tier).
| Metric | Jersey Mike's | Panera Bread |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | AStrongest tierStrongest tier |
| Investment Range | $436K – $1.2M | $1.3M – $4.7M |
| Franchise Fee | $20K | $35K |
| Royalty Rate | 6.5% | 5.0% |
| Average Revenue (Item 19) | $1.4M | $2.6M |
| SBA Charge-Off Rate | 4.4% (667 loans) | Limited data |
| Total Units | 3,227 | 2,206 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1987 | 1993 |
| FDD Year | 2026 | 2025 |
Investment Range
$436K – $1.2M
$1.3M – $4.7M
Franchise Fee
$20K
$35K
Royalty Rate
6.5%
5.0%
Average Revenue (Item 19)
$1.4M
$2.6M
SBA Charge-Off Rate
4.4% (667 loans)
Limited data
Total Units
3,227
2,206
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1987
1993
FDD Year
2026
2025