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