Jersey Mike’s S-1 Breakdown: How a $4.2B Sandwich Machine Works
About this episode
CJ breaks down Jersey Mike’s S-1 and the franchise machine behind more than $4 billion in sandwich sales.
On this episode of Run the Numbers, CJ breaks down Jersey Mike’s S-1 and the franchise machine behind more than $4 billion in sandwich sales. He explains how an asset-light royalty model works, why franchise economics can be so powerful, what Blackstone saw in the business, and what the filing reveals about growth, margins, and the real money behind the subs. — SPONSORS: RightRev is an automated revenue recognition platform that lets your product team ship new pricing without asking finance for permission, and your sales team close deals without creating downstream chaos. Check out their free tool at calculator.rightrev.com It scores your rev rec process, shows what's exposing you to risk, and tells you exactly where to focus before it bites you in the rear end. Check it out at https://calculator.rightrev.com Pulley is an equity management platform that lets you issue options, model dilution, and complete 409As without your cap table turning into a spreadsheet disaster. Founders raising, hiring, and scaling use Pulley to keep equity clean and stay focused on building. Learn more or request a demo at https://pulley.com/mostlymetrics Rillet is an AI-native ERP built for modern…
Sponsors
RightRev, Pulley, Rillet
More episodes of Run the Numbers
- Dave McClure and Aman Verjee on Angel Investing at Scale, 500 Startups, and Practical VC
- Cumberland Farms S-1 Breakdown: Fuel, Snacks, and Debt
- Token Economics, AI ROI, and the Future of Investment Banking with Rahul Rekhi
- The CFO Who Was “Ill Equipped” to Save Lehman Brothers
- How Finance Teams Are Actually Using AI | Opendoor, Datadog, PwC
- Lime’s S-1 Breakdown: The $1.8B Scooter IPO
Explore listener stats, chart rankings, contacts and more on the Run the Numbers podcast page.