Jersey Mike's vs Papa John's Pizza
Franchise Comparison 2026
Jersey Mike's is a quick-service restaurants franchise, while Papa John's Pizza operates in full-service restaurants. Jersey Mike's requires an investment of $436K – $1.2M while Papa John's Pizza requires $281K – $890K. In terms of revenue, Jersey Mike's reports higher average unit revenue at $1.4M. On SBA loan performance, Jersey Mike's has a lower charge-off rate (4.4%) compared to Papa John's Pizza (19.6%). FranchiseVerdict rates Jersey Mike's A (Strongest tier) and Papa John's Pizza A (Strongest tier).
| Metric | Jersey Mike's | Papa John's Pizza |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | AStrongest tierStrongest tier |
| Investment Range | $436K – $1.2M | $281K – $890K |
| Franchise Fee | $20K | $25K |
| Royalty Rate | 6.5% | 5.0% |
| Average Revenue (Item 19) | $1.4M | $1.1MIncl. company outlets |
| SBA Charge-Off Rate | 4.4% (667 loans) | 19.6% (190 loans) |
| Total Units | 3,227 | 3,294 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1987 | 2021 |
| FDD Year | 2026 | 2026 |
Investment Range
$436K – $1.2M
$281K – $890K
Franchise Fee
$20K
$25K
Royalty Rate
6.5%
5.0%
Average Revenue (Item 19)
$1.4M
$1.1MIncl. company outlets
SBA Charge-Off Rate
4.4% (667 loans)
19.6% (190 loans)
Total Units
3,227
3,294
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1987
2021
FDD Year
2026
2026