Jersey Mike’s IPO reveals a strong franchise business, heavy debt, insider payouts, and a structure that may leave public investors funding the cleanup.
In February, I wrote “Jersey Mike’s And The Hidden Risk In IPOs,” arguing that the company was a clean example of what can go wrong in modern IPOs. The company had almost everything public investors like: a strong brand, loyal customers, an asset-lig… [7134 chars]
Source: Forbes | Published: 2026-07-03T15:04:26Z
Credit: Forbes
