Jersey Mike's vs Schlotzsky’s
Franchise Comparison 2026
Both Jersey Mike's and Schlotzsky’s are quick-service restaurants franchises. Jersey Mike's requires an investment of $436K – $1.2M while Schlotzsky’s requires $658K – $934K. 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 Schlotzsky’s (20.6%). FranchiseVerdict rates Jersey Mike's A (Strongest tier) and Schlotzsky’s B (Above average).
| Metric | Jersey Mike's | Schlotzsky’s |
|---|---|---|
| Verdict Grade | AStrongest tier | BAbove average |
| Investment Range | $436K – $1.2M | $658K – $934K |
| Franchise Fee | $20K | $36K |
| Royalty Rate | 6.5% | 6.0% |
| Average Revenue (Item 19) | $1.4M | $1.1M |
| SBA Charge-Off Rate | 4.4% (667 loans) | 20.6% (533 loans) |
| Total Units | 3,227 | 308 |
| Unit Growth (YoY) | +246 units | -15 units |
| Year Began Franchising | 1987 | 2017 |
| FDD Year | 2026 | 2025 |
Investment Range
$436K – $1.2M
$658K – $934K
Franchise Fee
$20K
$36K
Royalty Rate
6.5%
6.0%
Average Revenue (Item 19)
$1.4M
$1.1M
SBA Charge-Off Rate
4.4% (667 loans)
20.6% (533 loans)
Total Units
3,227
308
Unit Growth (YoY)
+246 units
-15 units
Year Began Franchising
1987
2017
FDD Year
2026
2025