Jersey Mike's vs Sonic
Franchise Comparison 2026
Both Jersey Mike's and Sonic are quick-service restaurants franchises. Jersey Mike's requires an investment of $436K – $1.2M while Sonic requires $1.5M – $2.5M. In terms of revenue, Sonic reports higher average unit revenue at $1.6M. On SBA loan performance, Jersey Mike's has a lower charge-off rate (4.4%) compared to Sonic (8.3%). FranchiseVerdict rates Jersey Mike's A (Strongest tier) and Sonic B (Above average).
| Metric | Jersey Mike's | Sonic |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | BAbove averageAbove average |
| Investment Range | $436K – $1.2M | $1.5M – $2.5M |
| Franchise Fee | $20K | $15K |
| Royalty Rate | 6.5% | 5.0% |
| Average Revenue (Item 19) | $1.4M | $1.6M |
| SBA Charge-Off Rate | 4.4% (667 loans) | 8.3% (144 loans) |
| Total Units | 3,227 | 3,412 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1987 | 1974 |
| FDD Year | 2026 | 2026 |
Investment Range
$436K – $1.2M
$1.5M – $2.5M
Franchise Fee
$20K
$15K
Royalty Rate
6.5%
5.0%
Average Revenue (Item 19)
$1.4M
$1.6M
SBA Charge-Off Rate
4.4% (667 loans)
8.3% (144 loans)
Total Units
3,227
3,412
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1987
1974
FDD Year
2026
2026