It’s back and bigger than ever. Now in its fourth year, our “Best Franchise Deals” report has become the can’t-miss list of top quick-service and fast-casual franchises, assessing factors such as investment-to-sales ratio, marketplace differentiation, corporate support to franchisees, and positive brand momentum.
In 1975, as a 17-year-old kid in Point Pleasant, New Jersey, Peter Cancro wasn’t even old enough to legally slice a sub. But that didn’t stop him from embracing his ambition and love for the fast-food industry.
This March, Jersey Mike’s Subs, known for its fresh-sliced and fresh-grilled East Coast–style subs, is joining forces with 86 local charities for the company’s third-annual March “Month of Giving” fundraising campaign.
Last year’s Month of Giving raised nearly $858,000 for 74 different charities nationwide, and this year, Jersey Mike’s hope to raise even more.
Peter Cancro, founder and CEO of Jersey Mike’s Franchise Systems, has been named Entrepreneur of the Year, receiving the honor during International Franchise Association’s (IFA) 53rd Annual Convention, February 17–20, 2013.
First presented in 1982, the Entrepreneur of the Year Award recognizes an individual who is building a successful business venture, exemplifies the “entrepreneurial spirit” that franchising represents, demonstrates innovative management skills, and is a risk taker.
Jersey Mike’s Subs will open its first restaurant in the state of Oregon -- its 33rd market -- in Portland. Franchise owner, Raymund Baluyut, will hold a grand opening and free sub fundraiser from Wednesday, February 6, to Sunday, February 10, to support Randall Children’s Hospital. This is the first of five restaurants that Baluyut will open in Portland.
Jersey Mike’s Subs, known for its fresh-sliced and fresh-grilled East Coast–style subs, has kicked off the New Year with the opening of its first-ever airport locations.
The first restaurant opened at McCarran International Airport (LAS) in Las Vegas on January 7, with the second following the next week on January 17 at Newark Liberty International Airport (EWR).
Both sub shops are operated by The Grove, Inc. (TGI). In November, TGI opened its first Jersey Mike’s in Amtrak’s historic 30th Street Station in downtown Philadelphia.
Working together with The FoodBank of Monmouth and Ocean Counties, Jersey Mike’s Subs has raised $106,657 to support The FoodBank’s relief efforts in the aftermath of Hurricane Sandy. Donations from Jersey Mike’s franchise owners, team members, and customers throughout the country were accepted at Jersey Mike’s nearly 600 locations following the storm.
The National Football League (NFL) season may be winding down—or just heating up for playoff-bound teams—but the NFL and the International Franchise Association (IFA) are gearing up for a whole new venture.
The duo is hosting an NFL Franchising Boot Camp April 26–29 at the University of Michigan in Ann Arbor, giving 20 current and former NFL players a chance to dive headfirst into the world of franchising.
Jersey Mike’s Subs, known for its fresh-sliced, fresh-grilled East Coast–style subs, opened its first restaurant in the state of Nebraska—its 32nd market—in Lincoln.
Franchise owners Jeffrey Marcotte, Ross Olsbo, and Daniel Markel are holding a grand opening and fundraiser from Wednesday, December 12 to Sunday, December 16 to support the Food Bank of Lincoln.
This is the first of 13 Jersey Mike’s locations the team will open in the next five years in the state.
In time for the year’s busiest travel season, Jersey Mike’s Subs, known for its fresh-sliced, fresh-grilled East Coast–style subs, has opened in downtown Philadelphia in historic Amtrak’s 30th Street Station.
Officially opened on Tuesday, November 19, the new fast-casual sub shop is operated by The Grove Inc. and located in the Main Hall. In the next several months, The Grove plans to open two other Jersey Mike’s locations at Newark International Airport (Terminal A) and McCarran International Airport in Las Vegas (Concourse C).