Jersey Mike's Subs, a household name in the fast food industry, has reached a major milestone with the opening of its 3,000th location in Schererville, Indiana. Reported by QSR. This achievement highlights the brand's impressive growth trajectory since its inception in 1956, marking it as one of the fastest growing sandwich franchises in the world.

“Congratulations to all our owners and teams for all they have achieved with their commitment and hard work,” founder Peter Cancro said in a statement, according to QSR. “Reaching 3,000 stores is a celebration of everyone who helped build it Jersey Mike's to a brand that resonates nationally because of our strong culture of giving.”

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67 years in the making

Jersey Mike started out as one single sandwich shop in Point Pleasant, New Jersey, known for its authentic subscriptions and a unique emphasis on personalized service. Today, it boasts 3,000 stores across the US, with plans to expand even further.

Its foray into international markets is also underway, with plans to open 300 stores in Canada over the next few years, a move that signals the brand's willingness to take its winning formula global.

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A franchise model that works

Jersey Mike's success is also built on one proven franchise model. Recognized by Entrepreneur as brand no. 2 in 2024 Franchise 500Jersey Mike's offers franchisees strong support and strong profit potential. This appeal has helped drive rapid expansion, with new stores opening in suburban, urban and even international markets.

The company's franchise-friendly model emphasizes collaboration, with franchisees given the tools to succeed while being part of a brand that puts customers and communities first. Strong alignment between corporate goals and franchise success has been a key factor in the brand's sustained growth.

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The role of strategic investment

A key factor in Jersey Mike's tremendous growth and reaching 3,000 stores was the last moment strategic investment by Blackstone Group. In 2023, the private equity giant acquired Jersey Mike's in an $8 billion deal, giving the brand a strong financial footing to accelerate its expansion plans and solidify its position as a leader in the fast-casual sector. .

This acquisition marks a key moment for the company, signaling Blackstone's confidence in Jersey Mike's proven business model and its belief in the brand's untapped growth potential. The capital infusion has allowed Jersey Mike's to redouble its aggressive expansion strategy, enabling it to enter new markets and strengthen its existing footprint. Beyond financial support, Blackstone's expertise in scaling successful businesses adds a strategic advantage, ensuring the brand maintains its operational quality and sustainability while growing rapidly.

Although the opening of the 3,000th store is a monumental achievement for Jersey Mike's, the company shows no signs of slowing down. With strong plans to expand its presence both domestically and internationally in 2025, fueled by strong investor support, Jersey Mike's is poised to remain a leader in the fast food industry.

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Read more: QSR