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Jerry's Subs & Pizza

Subs & pizza

Background

Founded: 1954 Franchising since: 1980
The first Jerry's Subs opened in Wheaton, Maryland, in 1954, selling over-stuffed submarine sandwichs and New York-style pizza. Since it started franchising in 1980, the company has grown to include locations along the East Coast, as well as in the Caribbean and Central America.
15942 Shady Grove Rd.
Gaithersburg, Maryland 20877
Phone:
(301)921-8777


Franchisor has 25 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2005 99 0 0 1

Where Seeking Franchisees
In the U.S. Delaware, Maryland, Pennsylvania, United states, Virginia

Exclusive territories available.
Territory size: Negotiable

Costs and Fees

Total investment: $250K-350K
Franchise fee: $25K
Ongoing royalty fee: 6%
Term of agreement: 20 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Third-party financing source(s): various sources

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $75K
Business Experience:
  • General business experience
  • Good interpersonal skills


Training and Support

Training
  • Available at headquarters: 5 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising

Rankings

Franchise 500® rank:
#499 (2005);


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