# Jersey Mike's Franchise Funding for Existing Owners

> Funding for operating Jersey Mike's owners: slicers, bread ovens, catering inventory and the gap while online and delivery app payouts settle.

Source: https://mfebusinessloans.com/franchise-funding/brands/jersey-mikes/ (Merchant Fund Express, updated 2026-10-21)

## The short answer

Already running a Jersey Mike's location and need capital? Merchant Fund Express funds existing Jersey Mike's owners: business loans, merchant cash advances, revenue-based financing, lines of credit, equipment financing and working capital. Funding runs from $25,000 to $5,000,000. The common needs are slicer and oven replacement, catering inventory, and the lag between an online or third-party delivery order and the payout reaching the bank. A first review starts with about three months of statements.

## Who is this for, and where does the cash pressure come from?

This page is for franchisees who already run a Jersey Mike's shop. The format has no drive-thru model, so the store's money comes through the counter, catering and digital orders. The company names catering as a growth lever, and a large share of its sales arrives through online ordering and delivery apps. That mix shapes how cash moves: card sales settle quickly, but third-party delivery payouts often arrive weekly and in arrears.
Equipment is the other pressure. A sliced-to-order sandwich depends on slicers that run all day and an oven schedule that keeps bread ready. When a slicer motor fails, the line slows at once. The broader sandwich franchise funding guide compares how these needs differ across sub concepts.

## What the franchisor publishes

Jersey Mike's: facts from official sources
Franchisor: A Sub Above, LLC (source)
System: 3,378 stores as of June 28, 2026, 99% franchised (source)
Royalty: 6.5% of gross receipts (source)
Advertising fund: 5.0% of gross receipts (source)
Initial franchise fee: $20,000 per store, plus a $10,000 area development agreement fee (source)
Digital sales: 43% of system-wide sales (quarter ended June 28, 2026) (source)
Checked Oct 2026 against the franchisor's own published materials. Figures change; confirm current numbers in the latest Franchise Disclosure Document. Figures we could not confirm from an official source are left out.

## Three Jersey Mike's problems and the structure that fits each

Payout lag from delivery apps
If a week of app orders pays out days later, payroll and food orders still go out on time. A line of credit bridges the gap and is repaid as the payouts land.
Catering orders bought before they are paid
An office catering run means buying bread, meat and trays up front. Short-term working capital or a line draw sized to the season fits better than a long term loan. See catering inventory funding.
Slicers and bread ovens at end of life
Two slicers and an oven are a defined equipment list with quotes, which is what equipment financing is built around.

## Every way to fund your Jersey Mike's location

Already running a Jersey Mike's location and need capital? Merchant Fund Express funds existing Jersey Mike's owners with every product below. Terms depend on the business's revenue and history.
Business loan: a term loan with weekly payments for a planned project at your Jersey Mike's location, such as a refresh or a bundle of equipment.
Merchant cash advance: fast capital sized on daily card sales for an urgent repair.
Revenue-based financing: payments that follow deposits up and down; not a loan.
Line of credit: reusable as you repay, for payroll weeks and supply orders.
Equipment financing: slicers, grills and reach-ins that keep the fresh-sliced line moving.
Working capital: catering-season food cost and extra shifts.
Compare them side by side in MCA vs business loan, or read the sandwich franchise guide.

## Need, product and what the review leans on

Need | Product | Published requirement it leans on | What to send |
Bridge app payout timing | Business line of credit | Tier 1: 3+ years, FICO 650+, 8+ deposits a month | Statements showing payout dates and amounts |
Catering season inventory | Working capital | Sized from deposits after existing obligations | Recent catering invoices, statements |
Slicers, ovens, prep line | Equipment financing | Vendor quote and useful life | Quote with model numbers |
Shorter history or lower score | Revenue-based financing | Tier 2: 6+ months, FICO 600+, $60K verifiable revenue | Statements, list of current advances |
Note that revenue-based financing is not a loan: it is an advance against future receivables. The full tier list sits on franchise funding requirements.

## How is a Jersey Mike's location read?

Merchant Fund Express names the entity first, then reads that entity's account. Where online and app revenue matters, we look at how it arrives:
Delivery and online ordering payouts count as revenue when they deposit into the business account (see what deposits count as revenue).
Royalty and advertising fund debits are treated as normal recurring obligations; capacity is calculated after them.
Daily balances matter for Tier 2 (a minimum daily balance of $800) and negative days are counted against the tier limits.
Existing positions are counted. A new structure can lower the total payment.

## What should be in the file?

Three months of business bank statements (PDF from the bank)
Delivery app payout summaries if payouts are batched or delayed
Equipment quotes for slicers, ovens or prep tables
Recent catering invoices if the request is for catering inventory
ID, ownership breakdown and a list of current payments
No tax returns for a typical first review; full financials only above $250,000. Decisions on complete files are same-day.

## A hypothetical catering-season budget

Picture one store with $58,000 a month in card deposits and $9,600 a month in delivery app payouts that arrive weekly, a week behind. The owner needs two slicers at $5,400 each, an oven replacement at $11,700 and $6,500 of catering inventory for the fall office season.
Counted monthly deposits$58,000 + $9,600 = $67,600
Slicers2 x $5,400 = $10,800
Oven$11,700
Catering inventory$6,500
Total need$29,000
Line cost at the published starting price1% per month x $29,000 = $290 a month before principal
If the owner draws only the $6,500 catering portion at first and finances the equipment separately, the line cost falls to $65 a month on that draw.
Figures in this example are illustrations of the arithmetic, not an offer, quote or approval. Real terms depend on the file and the funder.

## Buying or opening a Jersey Mike's instead?

Merchant Fund Express funds stores with operating history. Buying or opening your first shop needs a different path: see buying a franchise and opening a restaurant franchise. An existing owner adding a shop is reviewed on current deposits, one entity at a time.

## Keep reading

Sandwich franchise funding: every brand page in the sector
Franchise line of credit: bridging payout timing
Franchise equipment financing: quotes and useful life
Processor statements: when settlements tell the story

## Common questions

### Does Merchant Fund Express review current Jersey Mike's owners?

Yes. Operating stores with business deposits can apply. The application takes about five minutes and begins with a soft credit pull.

### Which documents help most for a Jersey Mike's request?

Bank statements for the store's entity, delivery app payout summaries if payouts lag, quotes for equipment and recent catering invoices.

### Can slicers and bread ovens be financed?

Yes. Equipment financing is reviewed with the vendor quote and the equipment's useful life.

### How do you look at owners with more than one Jersey Mike's?

Entity by entity. Each store's deposits and obligations are read on their own, so one store's request does not have to involve the others.

### Are you affiliated with Jersey Mike's?

No. Merchant Fund Express is independent. We use the Jersey Mike's name only to identify the owners this page is for; it does not mean the franchisor endorses or works with us.

Merchant Fund Express is independent. Not affiliated with or endorsed by Jersey Mike's or its franchisor.

Apply with Merchant Fund Express: https://merchantfundexpress.com/current-application.html?utm_source=mfebusinessloans.com&utm_medium=franchise&utm_campaign=franchise-funding&utm_content=jersey-mikes