Jersey Mike’s Will Open 300 New Locations in Canada

Jersey Mike’s, the fast-growing sandwich chain that ranked #2 within the 2024 Franchise 500, has launched into its first main worldwide enlargement, marking a major milestone in its historical past. The corporate, which began with one location on the Jersey Shore in 1956, has been steadily rising its footprint throughout the U.S. and is now setting its sights on Canada, the place it plans to open 300 new places over the subsequent a number of years.

“The alternatives are there,” Jersey Mike’s founder and CEO Peter Cancro told Entrepreneur in January whereas insisting the corporate’s philosophy will not change. “We’ll broaden internationally, but it surely’s obtained to be with the suitable teams, the suitable folks.”

Jersey Mike’s selected Redberry Restaurants, a grasp franchisor that additionally owns Burger King and Taco Bell places in Canada, to steer its enlargement north of the border.

Associated: Considering franchise ownership? Get started now to find your personalized list of franchises that match your lifestyle, interests and budget.

The choice to enter the Canadian market comes as Jersey Mike’s continues to see sturdy progress domestically — the model has opened 1,000 new shops prior to now 5 years. The Canadian enlargement represents the subsequent logical step for Jersey Mike’s, which has change into a dominant player within the U.S. fast-casual eating house.

Along with the worldwide enlargement, Cancro instructed Entrepreneur the corporate plans to open 1,000 further shops within the U.S. over the subsequent three years, with an eventual purpose of 10,000 general places. Nonetheless, the CEO was adamant about conserving the corporate’s enlargement at 13% to fifteen% unit progress per yr.

Associated: How Entrepreneur Ranked This Year’s Franchise 500, and the Big Trends We Saw

“You do not wish to open up so many shops you may begin closing them,” he instructed Entrepreneur. To bolster this regular progress, the corporate constructed an infrastructure of space managers to work within the subject with franchisees from the time they open. “There’s plenty of weeks we’ll open 15 shops, and 1725064315 it is not a problem or downside.”

Increasing into Canada additionally displays the rising demand for Jersey Mike’s distinctive product providing. The model has constructed a loyal buyer base within the U.S. by providing a higher-quality different to conventional quick meals. Jersey Mike’s emphasis on neighborhood involvement, together with its annual Month of Giving, has additional made it probably the most well-liked sub chains within the nation.

Associated: Don’t Have Time to Start a Business? This Doctor, Lawyer and Now Part-Time Franchisee Would Disagree.

Learn Extra: QSR Magazine