Why do Jersey Mike's subs seem smaller?

Customers speculate that changes in portion sizes may be linked to private equity ownership, focusing on cost efficiencies and expansion.

Which sandwich chains have been bought by private equity?

Subway and Firehouse Subs, along with Jersey Mike's, have recently been acquired by private equity firms.

What is Blackstone's goal for Jersey Mike's?

Blackstone aims to expand Jersey Mike's significantly beyond its current 3,000+ store footprint.

Home / Business and Economy / Jersey Mike's Subs Shrink After Blackstone Deal?

Jersey Mike's Subs Shrink After Blackstone Deal?

10 Dec, 2025

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Summary

Subway and Firehouse Subs also acquired by private equity firms.
Blackstone aims for Jersey Mike's to expand beyond 3,000 stores.
Private equity focuses on cost reduction and efficiency.

Jersey Mike's Subs Shrink After Blackstone Deal?

Concerns are rising among Jersey Mike's patrons about potentially smaller sandwich portions following private equity giant Blackstone's acquisition of a majority stake in January 2025. This mirrors a broader trend of private equity firms acquiring popular American restaurant chains.

Subway and Firehouse Subs have also recently been acquired, highlighting the significant financial interest in the U.S. sandwich sector, valued at $41.5 billion in 2024. Blackstone aims to significantly expand Jersey Mike's, which already boasts over 3,000 locations.

This aggressive growth strategy typically involves prioritizing lower costs, increased efficiency, and standardization. Such operational shifts could explain the perceived changes in sandwich size, as the focus shifts to optimizing operations for rapid expansion and profitability.