Hungry? Loveland to Get First Jersey Mike’s Subs Shop

Opening any restaurant in Colorado (or any other state) can be risky; many fold within the first five years. Maybe that's why people who have the means look to open a franchise instead; a Jersey Mike's franchise location is headed to Loveland.

Southwest Loveland to Be Spot for City's First Jersey Mike's

In late September of 2026, I was given a tip that the Thompson Valley Towne Center, off of Taft Avenue and 14th Street SW, looked to be getting a Jersey Mike's, according to their site map. The location seems to be the spot where Subway was until early September of 2026.

READ MORE: Where Will Los Dos Potrillos Be When They Open in Loveland

It was in 2011 that Jersey Mike's first landed in Northern Colorado, opening near the Old Chicago at Timberline Road and Harmony Road. As of early fall of 2026, Northern Colorado has just six Jersey Mike's:

• Fort Collins - Timberline & Harmony.
• Fort Collins - Drake & College.
• Fort Collins - North College (Coming Soon).
• Johnstown - Johnstown Plaza (I-25 & Hwy 34).
• Greeley - In Centerplace.
• Longmont  - Village at the Peaks.
• Longmont - On Main between 17th Street and 19th Street.

READ MORE: Popular 7 Brew Opens First Northern Colorado Location in Loveland

How Much Does It Take to Open a Jersey Mike's Location?

According to International Franchise Professionals, not only do franchisees have to go through thorough training, but they'll also need:

• Initial Franchise Fee: $18,500.
• Initial Investment: $144,668 - $786,233.
• Net Worth Requirement: $300,000.
• Cash Requirement: $100,000.
• Royalty Fee: 6.5%.
• Advertising Royalty Fee: 5%.
• Term of Agreement: 10 years.

Jersey Mike's started in 1956 in Pleasant Point, New Jersey, as "Mike's Giant Size Submarine Shop". Mike sold the business in 1971 to a couple of brothers; then the brothers sold the business to a 17-year-old who worked at the shop and loved it and obtained a $125,000 loan.

Today, that kid, Peter Cancro, is worth over $6 billion. Amazing.