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    #9 on the Franchise 500: Jersey Mike's Succeeds By Supporting Its Franchisees

    The #9 company on our Franchise 500 list recommitted to franchisee training in 2018, conducting more than 1,000 classes and launching a new management platform.
    by Patrick Carone Jan 01, 2019 2 minutes
    Source: Courtesy of Jersey Mike’s
    Courtesy of Jersey Mike’s

    Started franchising:1987    
    Total units: 1,483   
    Cost to open: $178.5K–$746.3K

    The origin story is straight out of a Hollywood movie. In 1975, a high school senior named Peter Cancro knocked on his football coach’s door and asked for a loan potential, the 17-year-old made his case. Coach Rod Smith, who was also a banker, saw something in the budding ; he loaned Cancro $125,000, and Mike’s Subs had a new owner -- one who, under state law, was still too to operate a slicing machine.

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