Jersey Mike’s Is Going Public, Here’s What We Know

There’s been a steady stream of news about Jersey Mike’s coming out in the last couple of months – and not all of it has been about our bread and butter of new food releases. Yes, we’ve brought you word of a new Jersey Mike’s sub and its semi-official viral nachos, but we’ve also been keeping an eye on the business side of things. Recently, people have been accusing Jersey Mike’s of making smaller sandwiches, which has been linked by some to its acquisition by Blackstone and has led to fears that its new ownership might lead to unwanted changes. Now, it’s been announced that Jersey Mike’s is about to go public, which might shift things even further. 

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How? Well, we shall discuss.

A Public Affair

Jersey Mike’s announced that it filed for an IPO on Monday, April 20, which (if it goes ahead) will allow its customers to invest in the company. The filing follows a big year for revenue for the chain, with 2025 seeing it up 10.6% from the previous year, although it was simultaneously down on income in that same period. 

Its filing comes after the aforementioned acquisition from Blackstone, after which CEO Charlie Morrison was brought in to sail the ship. Jersey Mike’s isn’t the only company that’s preparing itself for an IPO: 7-Eleven is also prepping for a public offering in 2027, one of many changes that are coming to the store in the coming months and years. 

What Does This Mean for Jersey Mike’s?

Well, the clearest result of going public is that, as discussed, people can buy shares in it. This gives them a chunk of the pie, and it also fills the company’s coffers. A lot of the time, that means that a business is more capable of expansion and growth, and it can also use the additional funding to pay off any debt or investors. It allows members of the public – like me and you – a bit more say in how things operate. And, if the business does well, everyone can make a bit of money off it. 

On the flip side, though, public trading can also mean that a company has less control over its own destiny, and that it can therefore drift further away from its original aims and output. This might be bad news for fans of OG Jersey Mike’s, which, up until now, has managed to feel niche and independent, despite being one of the biggest chains around. A lot of that is because of how it compares to the likes of the ultra-corporate-feeling Subway, which it’s now at risk of drifting towards more. 

So, this could be both good and bad news for the chain – if it goes through, that is. For now, we’ll be sitting back and watching.