Jersey Mike's vs Moe's Southwest GrillFranchise Comparison 2026
Jersey Mike's and Moe's Southwest Grill represent two different approaches in the QSR space. Here's how they compare on investment costs, fees, revenue potential, and market presence.
Quick Comparison
Side-by-Side Comparison
| Metric | Jersey Mike's | Moe's Southwest Grill | Difference |
|---|---|---|---|
| Franchise Fee | $18,500 | $30,000 | -38% |
| Total Investment (Low) | $178,000 | $350,000 | -49% |
| Total Investment (High) | $787,000 | $710,000 | +11% |
| Cash Required | $150,000 | $250,000 | -40% |
| Royalty Rate | 6.5% | 5.0% | Higher |
| Advertising Fee | 2.0% | 3.0% | Lower |
| Estimated Revenue | $1.2M | $920,000 | +30% |
| Number of Locations | 2,800 | 720 | More |
| Year Founded | 1956 | 2000 | Older |
| Training Duration | 3 weeks | 4 weeks | Shorter |
Note: Data sourced from public FDD filings and industry reports. Actual costs vary by location, real estate, and format. Always review current FDD Item 7 and Item 19 disclosures before making investment decisions.
Detailed Analysis
About Jersey Mike's
Authentic sub shop with strong unit economics and growing presence. Fresh slicing and 'A Sub Above' positioning.
About Moe's Southwest Grill
Fresh Tex-Mex with free chips and salsa. Part of Focus Brands. Strong unit economics and operational simplicity.
Investment Comparison
Jersey Mike's requires a lower initial investment (avg $482,500) compared to Moe's Southwest Grill(avg $530,000), making it more accessible for first-time franchisees. However, Moe's Southwest Grill may offer similar revenue potential.
Fee Structure
Moe's Southwest Grill has lower ongoing fees (8.0% total) compared to Jersey Mike's(8.5% total), which means more of each sales dollar stays with the franchisee. Over time, this can significantly impact profitability.
Market Position
Jersey Mike's has a significantly larger footprint with 2,800 locations compared to Moe's Southwest Grill's 720. This larger network typically means better brand recognition, more purchasing power, and stronger operational support.
Frequently Asked Questions
How much does it cost to open a Jersey Mike's vs Moe's Southwest Grill franchise?
Jersey Mike's requires an initial investment of $178,000 to $787,000, while Moe's Southwest Grill requires $350,000 to $710,000. Jersey Mike's has the lower average investment at $482,500.
What are the ongoing fees for Jersey Mike's vs Moe's Southwest Grill?
Jersey Mike's charges a 6.5% royalty plus 2.0% advertising fee (8.5% total). Moe's Southwest Grill charges 5.0% royalty plus 3.0% advertising fee (8.0% total). Moe's Southwest Grill has lower total ongoing fees.
Which franchise makes more money: Jersey Mike's or Moe's Southwest Grill?
Based on estimated average unit revenue, Jersey Mike's generates $1.2M per location compared to $920,000 for Moe's Southwest Grill. However, profitability depends on many factors including local market, operating costs, and management.
How many locations does Jersey Mike's have vs Moe's Southwest Grill?
Jersey Mike's has 2,800 locations, while Moe's Southwest Grill has 720 locations. Jersey Mike's has the larger footprint, which typically means stronger brand recognition and supply chain advantages.
Is Jersey Mike's or Moe's Southwest Grill a better franchise investment in 2026?
Both Jersey Mike's and Moe's Southwest Grill are established QSR brands with proven models. Jersey Mike's offers a lower entry point, while Jersey Mike's shows higher average revenue. The best choice depends on your available capital, local market conditions, and personal goals. Always review the current FDD before making investment decisions.
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