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Jersey Mike's Subs, a family punishment successful nan fast-casual eating sector, has reached a awesome milestone pinch nan opening of its 3,000th location, successful Schererville, Indiana, QSR reported. This accomplishment highlights nan brand's awesome maturation trajectory since its beginnings successful 1956, marking it arsenic 1 of nan fastest-growing sandwich franchises successful nan world.
"Congratulations to each our owners and teams for each they personification accomplished pinch their committedness and difficult work," Founder Peter Cancro said successful a statement, according to QSR. "Reaching 3,000 stores is simply a ceremonial of each who personification helped build Jersey Mike's into a marque that resonates connected a nationalist level owed to our powerful giving culture."
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67 years successful nan making
Jersey Mike's started arsenic a azygous sandwich shop successful Point Pleasant, New Jersey, known for its authentic subs and a unsocial accent connected personalized service. Today, it boasts 3,000 stores crossed nan U.S., pinch plans to turn moreover further.
Its foray into world markets is too underway, pinch plans to unfastened 300 stores successful Canada complete nan coming years, a move signaling nan brand's readiness to return its winning look global.
Related: These Women-Founded Franchises Surpassed a Major Milestone — Against nan Odds. Here's How They Did It.
A franchise exemplary that works
Jersey Mike's occurrence is too built connected a proven franchise model. Recognized by Entrepreneur arsenic nan No. 2 marque connected nan 2024 Franchise 500, Jersey Mike's offers franchisees robust support and beardown profit potential. This entreaty has helped thrust accelerated explanation , pinch caller stores opening successful suburban, urban, and moreover world markets.
The company's franchise-friendly exemplary emphasizes collaboration, pinch franchisees fixed nan devices to triumph while being information of a marque that prioritizes immoderate customers and communities. The beardown alignment betwixt patient goals and franchisee occurrence has been a cardinal facet successful nan brand's dependable rise.
Related: Greg Flynn Owns 1,245 Restaurants and Makes $2 Billion A Year. Here's How He Did It.
The domiciled of strategical investment
A cardinal facet successful Jersey Mike's singular maturation and 3,000-store milestone was nan caller strategical finance from Blackstone Group. In 2023, nan backstage equity elephantine acquired Jersey Mike's successful an $8 cardinal deal, providing nan marque pinch a powerful financial instauration to accelerate its explanation plans and bolster its position arsenic a leader successful nan fast-casual sector.
This acquisition marks a pivotal infinitesimal for nan company, signaling Blackstone's assurance successful Jersey Mike's proven business exemplary and its belief successful nan brand's untapped maturation potential. The infusion of superior has allowed Jersey Mike's to double down connected its fierce explanation strategy, enabling it to participate caller markets and fortify its existing footprint. Beyond financial support, Blackstone's expertise successful scaling successful businesses adds a strategical advantage, ensuring nan marque maintains its worth and operational consistency while expanding rapidly.
Though nan opening of nan 3,000th shop is simply a monumental accomplishment for Jersey Mike's, nan institution shows nary signs of slowing down. With robust plans to turn its beingness immoderate domestically and internationally successful 2025, fueled by beardown investor backing, Jersey Mike's is poised to enactment a leader successful nan fast-casual eating industry.
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Read More: QSR