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re: Jersey Mike's sandwich comparison before private equity vs after

Posted on 11/28/25 at 10:10 pm to
Posted by wackatimesthree
Member since Oct 2019
10309 posts
Posted on 11/28/25 at 10:10 pm to
quote:

If someone gets a plain turkey sandwich with cheese and mustard, then I get your point.


To be fair, that's what I ran my analysis on.
Posted by PGAOLDBAWNevahBroke
Member since Oct 2025
52 posts
Posted on 11/28/25 at 10:12 pm to
Bread tastes like shite. All overpriced
Posted by Friendly Satan
Member since Nov 2024
1271 posts
Posted on 11/28/25 at 10:41 pm to
It’s cold cuts… why are you buying that shite?
Posted by hansenthered1
Dixie
Member since Nov 2023
2237 posts
Posted on 11/29/25 at 2:05 am to
I get it...most people are consumers and never ever will have business worth buying.
Posted by TigersSEC2010
Warren, Michigan
Member since Jan 2010
38153 posts
Posted on 11/29/25 at 2:09 am to
quote:

Never understood the appeal of buying sandwiches from a sub shop. I can get a pound of decent lunch meat like Boars head for 12.99/lb and get a weeks worth of sandwiches for the same price of a meal at sandwich shope.



Are you autistic or retarded?
Posted by Havoc
Member since Nov 2015
37402 posts
Posted on 11/29/25 at 4:51 am to
quote:

I get the Italian at JM's. To have all of the ingredients to make this fresh at home would be a PITA. Four types of meat, provolone, fresh lettuce, tomatoes, onions, oil and vinegar, oregano...fresh bread....it's just a lot to have on-hand.

If someone gets a plain turkey sandwich with cheese and mustard, then I get your point.

Exactly.
Posted by Mo Jeaux
Member since Aug 2008
62259 posts
Posted on 11/29/25 at 4:57 am to
quote:

Correct. It enshitifies every business it touches.


Every single one? That’s crazy.
Posted by weagle1999
Member since May 2025
1643 posts
Posted on 11/29/25 at 6:14 am to
Schwarzman

Posted by Mo Jeaux
Member since Aug 2008
62259 posts
Posted on 11/29/25 at 6:31 am to
quote:

That's just an absurdly broad bush. Tens of thousands of companies are held in private hands...and then sell to other sets of private hands every years. "Mom and Pop" is "private equity" too, BTW.

There's plenty of businesses that are taken over from poor/old operators and run much more professionally by other owners.

What we're finding out is that all sorts of "free enterprise" types don't like it when prices are maximized in private transactions.


Amazing that this received so many downvotes. Apparently the OT is full of Mamdani supporters. The OT also regards headlines about large buy-out fund managers and paints an entire industry with the same brush.
Posted by cssamerican
Member since Mar 2011
7917 posts
Posted on 11/29/25 at 6:45 am to
quote:

Never understood the appeal of buying sandwiches from a sub shop. I can get a pound of decent lunch meat like Boars head for 12.99/lb and get a weeks worth of sandwiches for the same price of a meal at sandwich shope.

If I’m just slapping some ham on Bunny bread with a dab of mayo, sure, your math is flawless. But the second I want ham, salami, pepperoni, provolone, freshly shredded lettuce, ripe tomatoes, and a fresh bread for that days sandwich, the whole equation collapses. And even if it technically comes out cheaper, how many identical sandwiches am I supposed to choke down in a week to unlock those mythical savings?
Posted by TDTOM
Member since Jan 2021
24460 posts
Posted on 11/29/25 at 6:51 am to
This thread is amazing and shows me one of the reasons why this country is going in the shitter.
Posted by Swagga
504
Member since Dec 2009
18545 posts
Posted on 11/29/25 at 7:02 am to
quote:

Never understood the appeal of buying sandwiches from a sub shop. I can get a pound of decent lunch meat like Boars head for 12.99/lb and get a weeks worth of sandwiches for the same price of a meal at sandwich shope.



I eat Jersey mikes probably 3 times a year. And when I do it’s because I have a hangover and want the Italian.

So id have to purchase provolone, prosciutto, cappaculo, salami, pepperoni, shredded lettuce, bread, and the oil.

So yea id prefer to just purchase the sandwich without having to store deli meat and prepare it myself.
Posted by Penrod
Member since Jan 2011
51778 posts
Posted on 11/29/25 at 7:16 am to
quote:

I mean I get the convenience factor but it doesn't take much time to make something at home.

Let’s start a timer and see how long it takes you, starting right now, to make two Korean BBQ Bowls. You see? You don’t even have the ingredients. It would probably take you two hours to produce a couple of Korean BBQ Bowls at your house, or it’s 30 minutes if you order it delivered. Plus it’s more expensive to make it at home. Don’t believe me? Add up your grocery bill and see. And if you think you will lower your price by making it many times, imagine your freezer and refrigerator capacity to do that for the variety of foods available in a major city.
Posted by Penrod
Member since Jan 2011
51778 posts
Posted on 11/29/25 at 7:21 am to
quote:

Asked a JM’s franchisee about this and they said PE has made no changes to the day to day operations and has made no mandates about how much meat.

I have no opinion on this, but it shows the problem with comparing one sandwich made a year ago with one made yesterday. He might have gotten similar results if he compared two sandwiches made on the very same day. To get any meaningful conclusions on this he would have had to compare thousands of sandwiches, made by different employees on different days at different restaurants, to a similar batch made a year later.
Posted by bakersman
Shreveport
Member since Apr 2011
5981 posts
Posted on 11/29/25 at 7:35 am to
I tried Jersey Mikes’s around 2012, it wasn’t good. Tried it again a month ago, still sucked.
Posted by go ta hell ole miss
Member since Jan 2007
14513 posts
Posted on 11/29/25 at 8:12 am to
quote:

Never understood the appeal of buying sandwiches from a sub shop. I can get a pound of decent lunch meat like Boars head for 12.99/lb and get a weeks worth of sandwiches for the same price of a meal at sandwich shope.
.

The same may be said for many restaurants. For me, it is time. Time is more valuable to some than money. You value your money more than your time You go to the store buy all of that stuff, go home and make the meals. Then, if you have my schedule, you have to pack them on a carry on at 4:00 in the morning to be eaten eight hours later. That is a lot of hassle to save a few dollars, when I can order ahead at LAX and be on my way a minute after landing. My time is more valuable to me than a few dollars I would save going your route. Your money is more valuable to you. To each their own.
This post was edited on 11/29/25 at 8:14 am
Posted by choupiquesushi
yaton rouge
Member since Jun 2006
33662 posts
Posted on 11/29/25 at 9:22 am to
quote:

Time will tell if that's a good or bad thing.
it’s a great thing
Posted by Big Scrub TX
Member since Dec 2013
38292 posts
Posted on 11/29/25 at 10:45 am to
quote:

Private equity is buying up doctors’ practices, hospitals, ER and hospitalist groups, and now moving into anesthesia as well. They are locusts that worsen everything they touch. HCA hospitals are a prime example of everything wrong with PE in healthcare.
Confirmation bias. We are all aware of dozens/hundreds of non-PE companies ruined without PE involvement.

I think the reverse is a bigger problem - a great private company will produce a great private food product. You'll be a very loyal customer of that product. Often this is a health or otherwise high-quality food product unavailable in the mainstream.

One day, however, you'll see the big announcement that PepsiCo (or whichever PUBLIC EQUITY firm) has bought the company, and you will know this inevitably means substituting in worse-quality, industrially produced ingredients as well as tampering with the recipe overall. A good example is Epic Bars. They sold to General Foods and almost immediately, added sugar showed up in every bar.
Posted by Lexis Dad
Member since Apr 2025
4797 posts
Posted on 11/29/25 at 10:48 am to
frick private equity.

It's a cancer
Posted by Lexis Dad
Member since Apr 2025
4797 posts
Posted on 11/29/25 at 10:48 am to
quote:

TigersHuskers

What do you think about Burrow now?
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