Jersey Mike’s, Jimmy John’s to Develop Hundreds of Canadian Locations
American submarine sandwich retailers Jersey Mike’s and Jimmy John’s plan to develop big retail real estate footprints in Canada.
Jersey Mike’s has announced that it will open 300 Jersey Mike’s restaurants across the country by 2034. The effort is part of an area director and development deal with Toronto-based franchisee Redberry Restaurants.
Meanwhile, Champagne, Ill.-based Jimmy John’s has entered the Canadian market through a franchise agreement with Saint-Laurent, Que.-based Foodtastic and is signalling major growth.
Jersey Mike’s Canadian outlets will be a combination of Redberry-owned-and-operated premises and supported franchise locations, the companies said in a news release. The deal marks 68-year-old Jersey Mike’s first major expansion outside the U.S. The Manasquan, N.J.-based company now has only two Canadian locations, in the secondary markets of Kitchener, Ont.,, and London, Ont.
Redberry will purchase and completely remodel them and open five more Jersey Mike’s restaurants in Ontario in 2024.
“In addition to building our own Jersey Mike’s, growth will be accelerated by way of supporting other franchisees to join the Jersey Mike’s story in every province across Canada,” said Redberry CEO Ken Otto.
Jimmy John’s is owned by Atlanta-based multi-label restaurant franchisor Inspire Brands. Michael Haley, head of Inspire’s international business segment, told the Canadian Press that the company will not publish the number of intended locations.
But, he added, Inspire could develop 3,000 Jimmy John’s locations in Canada, matching the chain’s U.S. total.
- ◦Lease
- ◦Sale/Acquisition
- ◦Development