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Jersey Mike's ✨
🔹 Founded in 1956 as a small shop
🔹 In 1975, 17-year-old Peter Cancro bought the shop
🔹 Franchise started in 1987, today over 3500 locations
🔹 Annual sales over $4 billion, 20 consecutive years of growth
🔹 Same-store growth cumulatively 50% between 2020 and 2025
🔹 Last year, system-wide sales $4.3 billion, net profit $55 million
🔹 Financing in 2024: Blackstone acquired a majority stake at a valuation of approximately $8 billion
🔹 Valuation target at least $12 billion
🔹 Target: 7500 locations in the US, 15000 locations globally
Gate IPO Access
🔹 Start: July 27, 02:00 UTC
🔹 End: July 29 02:00 UTC
🔹 Subscription $100 in USDT or GUSD
Details 👉
https://www.gate.com/announcements/article/100826
👉https://www.gate.com/ipos?tab=ipo-access
DYOR 🔎 NFA ✔️
🔹 Founded in 1956 as a small shop
🔹 In 1975, 17-year-old Peter Cancro bought the shop
🔹 Franchise started in 1987, today over 3500 locations
🔹 Annual sales over $4 billion, 20 consecutive years of growth
🔹 Same-store growth cumulatively 50% between 2020 and 2025
🔹 Last year, system-wide sales $4.3 billion, net profit $55 million
🔹 Financing in 2024: Blackstone acquired a majority stake at a valuation of approximately $8 billion
🔹 Valuation target at least $12 billion
🔹 Target: 7500 locations in the US, 15000 locations globally
Gate IPO Access
🔹 Start: July 27, 02:00 UTC
🔹 End: July 29 02:00 UTC
🔹 Subscription $100 in USDT or GUSD
Details 👉
https://www.gate.com/announcements/article/100826
👉https://www.gate.com/ipos?tab=ipo-access
DYOR 🔎 NFA ✔️