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Jersey Mike's vs Subway — which franchise is the better buy?

Side by side from the public FDDs — no franchisor spin.
Jersey Mike'sSubway
Disclosure honestyBF
Investment from$436,176
Total fees11.5%
Outlets3,22719,502
Lawsuits384

Jersey Mike's: what their numbers say

2,606 Traditional Franchised Restaurants; average unit volume $1,367,578; median $1,305,850; 44% met/exceeded average. Historical data only; no assurance of individual results.

Subway: what their numbers say

No financial performance representations made. Franchisor does not disclose past/projected franchisee income or outlet financial performance.

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