Jersey Mike's Files for $12 Billion IPO
Jersey Mike’s has officially filed with the SEC to go public, targeting a valuation of at least $12 billion. The sandwich chain reported strong financial performance including 50% cumulative same-store sales growth from 2020 through 2025 and net income rising from $5 million in 2024 to $55 million in 2025.
Topics: franchising IPO restaurant industry