(Bloomberg) -- Jersey Mike's Subs Inc.'s initial public offering has attracted investor demand for more than 10 times the available shares ahead of pricing on Wednesday, according to people familiar with the matter. A spokesperson for Jersey Mike's didn't immediately respond to a request for comment. A Blackstone spokesperson declined to comment. At the top of the range, Jersey Mike's would have a market value of nearly $8 billion based on the outstanding shares listed in its filing. Jersey Mike's has more than 3,300 locations in the US and Canada.