Jersey Mike’s has filed to go public with a $12 billion valuation, aiming to evolve into a global restaurant giant. The chain, known for its sub-centric menu, currently operates 3,300 locations and targets 15,000 worldwide stores, as revealed in SEC filings cited by Restaurant Business.
While the company outlines potential for up to 7,500 U.S. locations, it has already secured international partnerships in Canada, the U.K., and Ireland. This aggressive expansion strategy unfolds under CEO Charlie Morrison, whose experience scaling Wingstop through its IPO highlights his focus on streamlined growth.
Morrison emphasizes simplicity, stating, “Complexity kills,” and pledges to maintain franchise consistency amid rapid expansion. His leadership follows 20 years of uninterrupted same-store sales growth, signaling Jersey Mike’s shift toward global dominance while safeguarding customer favorites.
