About Jersey Mike's
Jersey Mike's is a company based in Los Angeles (United States) founded in 1956 was acquired by Blackstone in November 2024.. The company has 306 employees as of December 31, 2021. Jersey Mike's operates in a competitive market with competitors including Burger King, Cracker Barrel, Potbelly, First Watch and YUM! Brands, among others.
- Headquarter Los Angeles, United States
- Employees 306 as on 31 Dec, 2021
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Jersey Mike's Franchise Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1 M (USD), Debt – Conventional
Jul 16, 2014
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Investors
Blackstone
& 1 more
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Employee Count
306
as on Dec 31, 2021
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Acquired by
Blackstone
(Nov 19, 2024)
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Funding Insights of Jersey Mike's
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $1.0M
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First Round
First Round
(16 Jul 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2014 | Amount | Debt – Conventional - Jersey Mike's | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Jersey Mike's
Jersey Mike's has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Blackstone and US Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Jersey Mike's
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Jersey Mikes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Jersey Mike's Comparisons
Competitors of Jersey Mike's
Jersey Mike's operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Burger King, Cracker Barrel, Potbelly, First Watch and YUM! Brands, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Burgers and fast food are served by a restaurant chain.
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| domain | founded_year | HQ Location |
A chain of limited-service restaurants is operated nationwide.
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| domain | founded_year | HQ Location |
Quick-service sandwich restaurants are owned and operated nationwide.
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| domain | founded_year | HQ Location |
A chain of limited-service restaurants is operated nationwide.
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| domain | founded_year | HQ Location |
Restaurants chains
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Jersey Mike's
Frequently Asked Questions about Jersey Mike's
When was Jersey Mike's founded?
Jersey Mike's was founded in 1956 and raised its 1st funding round 58 years after it was founded.
Where is Jersey Mike's located?
Jersey Mike's is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Jersey Mike's?
Peter Cancro is the current CEO of Jersey Mike's.
How many employees does Jersey Mike's have?
As of Dec 31, 2021, the latest employee count at Jersey Mike's is 306.
What does Jersey Mike's do?
Jersey Mikes was founded in 1956 and is headquartered in Los Angeles, United States. Operations are conducted as a multi-brand restaurant franchise within the food service sector. Cold subs, hot subs, wraps, kids meals, combos, beverages, and desserts are offered on the menu. Catering services are provided for events and parties, supporting various group needs across locations.
Who are the top competitors of Jersey Mike's?
Jersey Mike's's top competitors include Burger King, Cracker Barrel and Potbelly.
Who are Jersey Mike's's investors?
Jersey Mike's has 2 investors. Key investors include Blackstone, and US Capital.