Franchise Facts Report → compare → Little Caesars vs Jersey Mike's
Little Caesars vs Jersey Mike's
Two quick-service restaurant franchises, compared on the numbers their own Franchise Disclosure Documents put on record — investment, fees, Item 19 earnings, outlet churn, and litigation. Not marketing copy.
| Little Caesars | Jersey Mike's | |
|---|---|---|
| Total initial investment FDD Item 7 | $393,000 – $1,728,700 | $203,583 – $1,317,005 |
| Initial franchise fee FDD Item 5 | $20,000 | $50,000 |
| Royalty FDD Item 6 | 6% | 6.5% |
| Item 19 earnings disclosed FDD Item 19 | Not disclosed | Yes |
| Avg unit revenue (headline) FDD Item 19 | — | $1,503,688 |
| Franchised outlets FDD Item 20 | 3,601 | 2,647 |
| Net outlet change (latest yr) FDD Item 20 | -26 | +286 |
| Closure rate FDD Item 20 | 2% | — |
| Franchisee lawsuits FDD Item 3 | disclosed | disclosed |
| Risk level our read | High | Medium |
| FDD year registration | 2024 | 2024 |
Are Little Caesars and Jersey Mike's the same company?
No — Little Caesars and Jersey Mike's are franchised by separate companies. Little Caesars's franchisor is Little Caesar Enterprises, Inc.; Jersey Mike's's is A SUB ABOVE, LLC. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.
Cost to open
Jersey Mike's is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $203,583 – $1,317,005, against $393,000 – $1,728,700 for Little Caesars.
How much does each make? (Item 19)
Only Jersey Mike's disclosed earnings: it makes an Item 19 financial performance representation (headline average unit revenue $1,503,688), while Little Caesars's most recent FDD makes none. That asymmetry is itself a data point: one franchisor puts its unit economics on paper, the other doesn't.
Closures & failure rate
Little Caesars reports 3,601 franchised outlets, net change -26 in the latest reported year, a 2% closure rate (FDD Item 20). Jersey Mike's reports 2,647 franchised outlets, net change +286 in the latest reported year (FDD Item 20). Outlet churn — closures, terminations, non-renewals — is the closest thing an FDD has to a failure rate; the full report puts both brands' churn against quick-service restaurant medians.
Litigation
Little Caesars discloses litigation in FDD Item 3 (case detail in the full report). Jersey Mike's discloses litigation in FDD Item 3 (case detail in the full report).
This page is the headline numbers. The Deep report compares up to three brands on the complete FDD record — every fee line, the actual Item 19 figures and what they represent, each lawsuit, and churn benchmarked against quick-service restaurant peers.
Only looking at one of them?
Little Caesars vs Jersey Mike's — frequently asked
Are Little Caesars and Jersey Mike's the same company?
No — Little Caesars and Jersey Mike's are franchised by separate companies. Little Caesars's franchisor is Little Caesar Enterprises, Inc.; Jersey Mike's's is A SUB ABOVE, LLC. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.
What is the difference between Little Caesars and Jersey Mike's?
Little Caesars and Jersey Mike's are quick-service restaurant franchises from different franchisors (Little Caesar Enterprises, Inc. and A SUB ABOVE, LLC). Jersey Mike's is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $203,583 – $1,317,005, against $393,000 – $1,728,700 for Little Caesars. Only Jersey Mike's disclosed earnings: it makes an Item 19 financial performance representation (headline average unit revenue $1,503,688), while Little Caesars's most recent FDD makes none. That asymmetry is itself a data point: one franchisor puts its unit economics on paper, the other doesn't.
Is Little Caesars more profitable than Jersey Mike's?
Only Jersey Mike's disclosed earnings: it makes an Item 19 financial performance representation (headline average unit revenue $1,503,688), while Little Caesars's most recent FDD makes none. That asymmetry is itself a data point: one franchisor puts its unit economics on paper, the other doesn't.
Which is cheaper to open — Little Caesars or Jersey Mike's?
Jersey Mike's is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $203,583 – $1,317,005, against $393,000 – $1,728,700 for Little Caesars.
Is Little Caesars or Jersey Mike's growing faster?
Little Caesars reports 3,601 franchised outlets, net change -26 in the latest reported year, a 2% closure rate (FDD Item 20). Jersey Mike's reports 2,647 franchised outlets, net change +286 in the latest reported year (FDD Item 20).
Go deeper on each brand
Quick-service restaurant rankings
Figures are as disclosed in each brand's most recent registered FDD (Little Caesars 2024, Jersey Mike's 2024). “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate.