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Jersey Mike’s Subs Reportedly on the Market for $8 Billion

Jersey Mike’s, is coming to Ridgewood

the staff of the Ridgewood blog

Ridgewood NJ, Jersey Mike’s Subs, the beloved sandwich chain that started at the Jersey Shore nearly 70 years ago, might soon have a new owner. Reports indicate that private equity giant Blackstone is in advanced talks to acquire the company in a deal valued at around $8 billion, including debt.

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Jersey Mike’s Subs Fined Nearly $25K in penalties following investigation of child labor compliance

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the staff of the Ridgewood blog
Ridgewood NJ, the Ridgewood location remains unaffected, but according to the U.S. Department of Labor officials an investigations of 10 locations of Jersey Mike’s Subs in four states, including Freehold, Long Branch, Neptune and Red Bank in New Jersey, found the teen employees were allowed to work past 7 p.m. on school days, past 9 p.m. in the summer and more than three hours on school days.

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Jersey Mike’s Subs Makes $300,000 Challenge Grant to Wreaths Across America

Jersey Mikes Ridgewood

the staff of the Ridgewood blog

Today, national nonprofit Wreaths Across America  (WAA) is proud to announce that Jersey Mike’s Subs, a fast-casual sub sandwich franchise with more than 2,500 locations nationwide, has made a $300,000 challenge grant to support the mission to REMEMBER, HONOR, TEACH.

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JERSEY MIKE’S SUBS INVESTING $150 MILLION IN ITS FRANCHISEES’ RESTAURANTS

Jersey Mikes Ridgewood

the staff of the Ridgewood blog

Ridgewoood NJ,Jersey Mike’s Subs is embarking on a systemwide renovation program that’s expected to cost $75,000 per store, which the franchisor has agreed to pick up across the 1,700-unit quick-service sandwich chain for a total projected outlay of $150 million.

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