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Ike's Love and Sandwiches

Information based on 2024 FDD
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Brand Highlights
  • Founded in 2009
  • Franchising Since 2019
  • 7 US Franchises
  • $141,300 - $614,000 Investment Range
  • $705,534 Average Gross Revenue
  • 8% Royalty Fee
  • $80,000 Franchise Fee
Pre-qualification Amount

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Brand Description

Ike's Love and Sandwiches is a beloved fast-casual restaurant concept that has revolutionized the sandwich industry since its founding in 2009. What began as a small San Francisco sandwich shop has grown into a cult-favorite chain known for its innovative menu and distinctive flavor combinations.

At the heart of Ike's success is their commitment to creating unique, high-quality sandwiches that cater to all dietary preferences. The menu features over 600 creative combinations, each with quirky names and signature 'Dirty Sauce' – a proprietary blend that has become legendary among customers. Their famous Dutch Crunch bread, baked fresh daily, sets them apart from traditional sandwich shops and has become a hallmark of the Ike's experience.

The brand stands out for its inclusive menu, offering extensive options for meat-lovers, vegetarians, and vegans alike. Their plant-based alternatives have gained recognition for their exceptional taste and texture, making Ike's a destination for all food preferences. Each sandwich is made to order, toasted to perfection, and comes with their trademark caramel apple lollipop – a sweet touch that exemplifies their attention to customer experience.

Ike's has cultivated a vibrant, welcoming atmosphere in their locations, with friendly staff and efficient service that has earned them a loyal following. Their commitment to quality ingredients, generous portions, and innovative recipes has helped them expand across multiple states while maintaining their dedication to creating 'sandwiches with love.' The brand's success is built on a foundation of creativity, quality, and inclusivity, making it a standout opportunity in the food service industry.

DID YOU KNOW?

How much does it cost to start a franchise with Ike's Love and Sandwiches?

$141,300
$614,000
Did you know that bringing Ike's Love and Sandwiches' legendary "dirty sauce" and celebrity-named sandwich creations to your community requires a total investment between $141,300 and $614,000, which includes the $80,000 franchise fee plus all the startup costs needed to launch your own piece of this beloved San Francisco sandwich empire?
Financial Summary
Franchise Fee
$80,000
Investment Range
$141,300 - $614,000
Investment Midpoint
$377,650
Minimum Cash Required
$141,300
Royalty Fees
8%
Brand Fund
0.5%
Brand Bragging Rights
800 signature sandwich combinations available
Accommodates all major dietary preferences including vegan and gluten-free
Established franchise system operating since 2009
Gross revenue 170% above sub-sector average ($705,534 vs $260,970)
105 active units demonstrating proven scalability
Lower entry point than sub-sector average minimum investment
Financial Analysis
Ike's Love and Sandwiches requires an initial investment ranging from $141,300 to $614,000, positioning it as a flexible franchise opportunity within the food service sector. This investment range sits below the sub-sector average minimum of $210,893 at the low end while exceeding the maximum average of $461,179, accommodating different investor profiles. The sandwich shop segment benefits from strong consumer demand for customizable, fast-casual dining experiences, particularly appealing to health-conscious consumers seeking diverse dietary options including vegan and gluten-free alternatives. With 105 units established since 2009, the franchise demonstrates moderate system maturity and steady expansion over its operational history. The reported gross revenue of $705,534 exceeds the sub-sector average of $260,970 by 170%, ranking among the top performers within the 112 franchises in this category, though investors should verify revenue figures against FDD exclusions and operational details. The brand's 800 signature sandwich offerings create significant menu differentiation in a competitive market. Ideal investors should possess restaurant industry experience and sufficient working capital beyond the initial investment for sustained operations. The franchise's focus on diverse dietary accommodations positions it well within evolving consumer preferences toward inclusive dining options.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Ike's Love and Sandwiches. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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Location Analysis
Ike's Love and Sandwiches shows a distinct West Coast-centric footprint across multiple states, with a dominant presence in California, followed by notable market penetration in Arizona and Texas. The franchise maintains strong customer satisfaction ratings across its locations, indicating consistent quality despite geographic expansion. This regional concentration suggests a successful market penetration strategy in coastal urban markets, particularly in California's metropolitan areas.

The brand's expansion pattern reveals a strategic push eastward, with established presence in Colorado and Nevada, demonstrating adaptability to different market conditions. The consistently positive customer feedback across diverse markets indicates a robust operational model that translates well across state lines.

Ideal locations for new franchises typically include college towns, urban centers, and areas with high foot traffic, particularly in markets with health-conscious, middle-income demographics. The current geographic distribution suggests significant untapped potential in the Midwest and Eastern markets, where the brand's California-inspired sandwich concept could provide a unique market positioning.

Prospective franchisees should focus on metropolitan areas with strong lunch crowds, established delivery infrastructure, and demographics aligned with the brand's premium casual dining positioning. The success in California markets indicates particular promise in regions with similar demographic and lifestyle characteristics.
Total US Locations105
Open Franchises7
Corporate Locations98
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind Ike's Love and Sandwiches. Learn about the experience and expertise of the executive team guiding Ike's Love and Sandwiches's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving Ike's Love and Sandwiches. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review Ike's Love and Sandwiches's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about Ike's Love and Sandwiches's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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