Ike’s Love & Sandwiches

The Ike’s Love & Sandwiches franchise is a chain of sandwich shops based in California. Customers can't get enough of the sandwich brand's 800 varieties to choose from. The fast casual brand was founded by Ike Shehadeh in 2007. Since beginning to franchise over a decade later in 2019, Ike's has grown a cult-like following, which has help it expand to more than 55 locations across the U.S. Customers enjoy a menu full of meat and vegetarian sandwich options. As a franchisee, you enjoy multiple streams of revenue including dine-in, carry-out, online ordering, and catering options. In addition to a strong item 19, the average Ike's location ranges between 500- 2,000 sq. ft.

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Ike’s Love & Sandwiches
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Ike’s Love & Sandwiches Franchise Cost and Requirements for 2024

Background

It's hard to go wrong with a sandwich shop franchise. A sandwich franchise to consider is Ike's Love & Sandwiches. Customers can't get enough of the California-based sandwich brand's 800 speciality sandwiches. The fast-casual brand was founded by Ike Shehadeh in 2007. Since beginning to franchise over a decade later in 2019, Ike's has grown a cult-like following, which has help it expand to more than 55 locations across the U.S. Customers enjoy a menu full of meat and vegetarian sandwich options. As a franchisee, you enjoy multiple streams of revenue including dine-in, carry-out, online ordering, and catering options. In addition to a strong item 19, the average Ike's location ranges between 500- 2,000 sq. ft. What makes the sandwiches special is Ike's signature “Dirty Sauce,” which is a creamy garlic aioli that is toasted into the bread. Ike's custom-made bread comes in varieties of soft Dutch crunch, French, sourdough, whole wheat or gluten-free rolls.
The names of the brand's sandwiches are fun and inspired by athletes. For example, you can enjoy the Steph Curry, which includes turkey, Ike's yellow BBQ sauce, lettuce, and tomato; the Madison Bumgarner, which contains steak, Ike's Yellow BBQ Sauce, Habanero, and Pepper Jack and American cheese; and the Adam Richman, which is made with fried chicken, ham, pesto, honey, Avocado, and Swiss cheese. All sandwiches are served hot with dirty sauce, lettuce, and "Dirty Sauce." Ike's is a brand with Fransmart Franchise Development Company, which provides great support and training. In addition to low startup costs, franchisees benefit from a wide fan base.

Company Details

Headquarters: San Jose, CA
Founded: 2007
First franchise: 2019
Canada: No
International: No
B2B: No
Exclusive territory: Yes

 

Support and Training Offered By Ike’s Love & Sandwiches

In terms of support and training, franchisees can expect a training program that explains everything you need to know about running the business. You'll also be provided with site selection and buildout assistance, recipe and menu development, marketing tools, and more. The support and training is ongoing. 

2024 Franchise Requirements Needed to Own a Ike’s Love & Sandwiches Franchise.

What does a Ike’s Love & Sandwiches Franchise Cost?

Ike’s Love & Sandwiches franchise fees for 2024:

Net Worth: $1,000,000 
Cash requirement: $500,000
Franchise Fee: $50,000
Initial Investment: $271,400 to $745,500
Royalties: 6% of Gross Sales
Local Advertising: 1%

 

Is Ike’s Love & Sandwiches a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Ike’s Love & Sandwiches is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Ike’s Love & Sandwiches a Home Based franchise?

No. Ike’s Love & Sandwiches is not a home based franchise opportunity.

What Do Ike’s Love & Sandwiches Franchise Owners Make?

Click here to find out how much Ike’s Love & Sandwiches franchisees make. Ike’s Love & Sandwiches offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Does Ike’s Love & Sandwiches Offer a Veteran Discount?

No. Ike’s Love & Sandwiches franchise does not offer a veteran discount.

Is Ike’s Love & Sandwiches Looking for Franchisees in Canada?

No. Ike’s Love & Sandwiches franchise is not looking for Canada franchisees.

Is Ike’s Love & Sandwiches Looking for International franchisees?

No. Ike’s Love & Sandwiches franchise is not looking for International franchisees.

Where can I see Ike’s Love & Sandwiches's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Food & Restaurants

Number of Units Open

50-100 UNITS

Cash Required

More than $250,000

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

Ike’s Love & Sandwiches Franchises for Sale

Click Here to inquire about existing Ike’s Love & Sandwiches franchises for sale. We may have Ike’s Love & Sandwiches franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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