Skip to main content
✦Prime Rate:7.00%✦Fed Funds:3.75%✦5 Yr Treasury:4.78%↓✦10 Yr Treasury:4.96%↓✦30 Yr Treasury:5.29%↓✦30 Yr Mortgage:7.32%·Updated Oct 22, 2026✦Prime Rate:7.00%✦Fed Funds:3.75%✦5 Yr Treasury:4.78%↓✦10 Yr Treasury:4.96%↓✦30 Yr Treasury:5.29%↓✦30 Yr Mortgage:7.32%·Updated Oct 22, 2026
Rates
J

JRECK Subs

According to its Franchise Disclosure Document or public business records, JRECK Subs has 3 locations, all owned by franchisees. Public SBA loan records show 3 lenders made 4 loans to franchisees of JRECK Subs. PeerSense calculates JRECK Subs's score as 52 out of 100, using public SBA loan performance and recent lending activity.

What is the JRECK Subs franchise?

Fresh Start Franchising Inc Jreck Subs operates in the Limited Service Restaurants category and has roots reaching back to 1967, when five teachers from Carthage Central High in Carthage, New York, Jerry Haley, Robert Martin, Ellis Martin, Charles Lehman, and Keith Waltz, began selling submarine sandwiches from a converted school bus. The name JRECK comes from the first letter of each founder's first name. The corporate office is at 152 Syracuse Street, Suite 200, Syracuse, NY 13204, and the International Franchise Association headquarters listing is Watertown, NY. Fresh Start Franchising, Inc. manages franchise operations. Bob Piddock is Company President, and Matt Darrah is also identified as a company owner in the franchising context. Jreck Subs had 40 overall North Country restaurants as of January 2020. Fresh Start Franchising Inc Jreck Subs began franchising in 2020 and reports 3 franchised units. Its regional presence is concentrated in upstate and central New York.

Limited service restaurants represent a U.S. market exceeding $300 billion annually, with projected compound annual growth of approximately 4% to 6% over the next five years. Demand is supported by convenience, value, quick meals, busier lifestyles, and urbanization. Customers also seek customization, and submarine sandwiches are often viewed as a relatively healthier fast food choice. Digital ordering, mobile payments, and delivery services are continuing to affect the category, although Jreck Subs integration details remain part of its modernization efforts. Quick service restaurants generally have consistent demand and less operational complexity than full service dining. Competition includes independent operators and national sandwich brands such as Subway, Jersey Mike's, and Jimmy John's. Inflation affecting food and labor costs creates pressure for operators while encouraging value focused purchases.

The available information does not state the initial franchise fee, total investment range, royalty rate, or advertising fund for Fresh Start Franchising Inc Jreck Subs. Industry context places quick service restaurant initial franchise fees at $6,250 to $90,000 and upfront franchise fees across industries at $20,000 to $50,000, sometimes exceeding $100,000. Prospective franchisees are asked whether they have $50,000 in liquid capital available to invest in a franchise. Across franchising, recurring royalties commonly range from 4% to 12% of gross sales and are generally paid monthly. National advertising contributions in quick service restaurants often range from 1% to 5% of sales. Technology fees and supply chain markups may also apply. New owners are generally advised to maintain enough operating capital for at least six months of daily costs before reaching self sustainability. Fresh Start Franchising, Inc. oversees the brand, which joined the International Franchise Association in 2022.

The operating model centers on submarine sandwiches and includes food preparation, quality control, customer service, inventory management, and employee supervision. Staffing is generally leaner than in full service dining, with emphasis on counter service and kitchen operations. Specific drive thru and kiosk formats are not provided. A new franchise location in Liverpool, NY, and a corporate store in Watertown, NY, undergoing complete renovation suggest a standard brick and mortar format that may be inline or freestanding. The company describes exceptional training and ongoing support from its Corporate Team, covering opening procedures, operating practices, marketing training, operational guidance, marketing programs, and technology platforms. Its search for entrepreneurs in central New York suggests a focus on protected territories within its existing region. Multi unit expectations are not stated. The model appears oriented toward owner operators, while semi absentee ownership may be possible with strong management.

Buyers should conduct independent financial research and due diligence. Jreck Subs has operated for over fifty years and had 40 overall North Country restaurants as of January 2020. A corporate rebrand began in 2022, with store interior modernization, technology upgrades, and renewed training. A new franchise location opened in Liverpool, NY, and a corporate store in Watertown, NY, was completely renovated before October 2024.

Jreck Subs began formal franchising in 2020 after more than fifty years of operation and had grown to 3 franchised units. This remains an early stage, measured expansion period. Since 2022, the corporate rebrand has addressed store interiors, technology infrastructure, and customer experience through additional training. The Liverpool, NY, franchise opening and the Watertown, NY, corporate renovation completed in the year before October 2024 show progress on that effort. The brand's main advantages are recognition and customer loyalty built over five decades in upstate and central New York. Digital transformation and technology upgrades are intended to support delivery services and current expectations for convenience and efficiency.

A likely franchise candidate has business judgment, a customer service focus, and a willingness to follow an established operating system. Limited service restaurant or general business management experience would be useful, although specific experience and management requirements are not stated. The current expansion focus is central New York and upstate New York, so familiarity with those markets may help. The company is actively seeking new entrepreneurs in central New York, with potential for single unit and future multi unit operators. Operations and expansion plans are concentrated in New York State, United States. Upstate and central New York may benefit most from existing brand recognition and customer loyalty. The timeline from signing to opening is not provided. Industry timelines commonly range from 6 to 18 months based on real estate, construction, and permitting. The franchise agreement term is also unavailable, while standard industry terms often run 5 to 10 years with renewal options subject to performance and compliance.

Fresh Start Franchising Inc Jreck Subs combines more than fifty years of operating history with regional recognition in upstate and central New York. Its formal franchising effort began in 2020, followed by corporate investment in a rebrand beginning in 2022, training, store updates, and technology improvements. The brand reported 40 overall North Country restaurants as of January 2020 and has 3 franchised units. The stated $50,000 liquid capital question gives prospective buyers a defined capital consideration, while the company describes exceptional training and ongoing support from its Corporate Team. PeerSense provides independent franchise research that includes SBA lending history, a Loan Activity Score, location maps with Google ratings, FDD financial data, and side by side comparison tools. Its complete Fresh Start Franchising Inc Jreck Subs profile provides additional franchise intelligence for buyer review.

Loan Activity Score

52/100

SBA Default Rate

0.0%

Active Lenders

3

Franchising since 2022 · 3 locations

Total Units

3

3 franchised

Loan Activity Score
Low
52
SBA Lending
25
Lender Quality
9
Transparency
3
Reach
3
Momentum
12

Proprietary PeerSense metric

Moderate
Capital Sources
3SBA lenders

Distinct lenders in public SBA records for JRECK Subs

4

Total SBA loans

$103K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for JRECK Subs

Loan Activity Score Breakdown

Emerging (3 to 9 loans)

Limited Data
52out of 100
Moderate
Market Momentum12/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence9/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency3/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint3/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

0.0%

vs 10.3% peer avg

SBA Loans

4

Total Volume

$0.4M

Active Lenders

3

1 selective

States

1

vs. SBA Sector Average

+10.3%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for JRECK Subs based on SBA lending data

SBA Default Rate

0.0%

10.3% below peer avg

SBA Loan Volume

4 loans

Across 3 lenders

Lender Diversity

3 lenders

Avg 1.3 loans per lender

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

JRECK Subs, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

Explore Funding for JRECK Subs

Our business financing consultants help connect you with the right lending partners. Referral fee paid at closing.

Optional: checking the consent box lets us call or text you about your funding. You can still submit without it.

Referral fee at closing

Or get an instant analysis

Scan Your Deal Instantly
JRECK Subs

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman