
Jersey Mike's Franchise Systems, Inc. owns 1 brand in our database. Browse the complete portfolio of Jersey Mike's Franchise Systems, Inc. subsidiaries and brands across various industries.
Company Type
public
Headquarters
Manasquan, New Jersey, USA
Brand Portfolio
1 brands
Stock
NYSE: JMKE
What does Jersey Mike's own?
Jersey Mike's operates a single brand, the Jersey Mike's submarine sandwich chain, with approximately 3,300 locations across North America. The company does not own multiple restaurant brands. Its menu includes cold subs, hot subs, wraps, bowls, and catering, all under the Jersey Mike's name.
Is Jersey Mike's publicly traded?
Yes, Jersey Mike's completed its IPO on the New York Stock Exchange in July 2026 under ticker symbol JMKE. The company sold 43.5 million shares, raising approximately $1 billion at a valuation of $7.3 billion. Prior to the IPO, the company was majority-owned by Blackstone, which acquired its stake in late 2024.
Who founded Jersey Mike's?
The original shop was opened in 1956 in Point Pleasant Beach, New Jersey as "Mike's Subs" by Mike and Marion Manzo. Peter Cancro, who worked at the shop as a teenager, purchased it in 1975 at age 17 with a $125,000 loan from his football coach. Cancro renamed it Jersey Mike's and grew the chain from one location to approximately 3,300 restaurants.
Where is Jersey Mike's headquartered?
Jersey Mike's Franchise Systems, Inc. is headquartered in Manasquan, New Jersey, USA, near the original Point Pleasant Beach location where the chain was founded.
How many brands does Jersey Mike's own?
Jersey Mike's operates under a single brand. The company runs the Jersey Mike's submarine sandwich chain and does not own or operate other restaurant brands. All approximately 3,300 locations operate under the Jersey Mike's name.
Who owns Jersey Mike's?
Following the July 2026 IPO, Jersey Mike's is a publicly traded company on the New York Stock Exchange under ticker JMKE. Blackstone acquired a majority stake in late 2024 at an $8 billion valuation and sold shares in the IPO. Founder Peter Cancro remains a significant shareholder and director. CEO Charlie Morrison leads day-to-day operations.
What is Jersey Mike's revenue?
Jersey Mike's reported total company revenue of $724 million in fiscal 2025, with net income of approximately $55 million and adjusted EBITDA of $339 million. Systemwide sales across all franchise and company locations reached $4.3 billion in fiscal 2025, up 13% from the prior year.
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Jersey Mike's Franchise Systems, Inc. maintains a diverse portfolio of 1 brands across multiple industries. This comprehensive brand portfolio demonstrates the company's market presence and strategic business units.
For consumers and researchers interested in corporate ownership structures, understanding which brands are owned by Jersey Mike's Franchise Systems, Inc.provides valuable insights into market dynamics, product relationships, and corporate strategy.