Locos Grill & Pub vs Jimmy John's Gourmet Sandwich Shops Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Locos Grill & Pub vs Jimmy John's Gourmet Sandwich Shops including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Locos Grill & Pub Franchise
Jimmy John's Gourmet Sandwich Shops Franchise
Investment $575,400 - $1,960,000$313,600 - $556,100
Franchise Fee $35,000$35,000
Royalty Fee 4%6%
Advertising Fee -4.5%
Year Founded 19881983
Year Franchised 19971993
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee -$2.5K


Business Experience Requirements
 
Locos Grill & Pub Franchise
Jimmy John's Gourmet Sandwich Shops Franchise
Experience
  • Customer service skills

  • General business experience
    		•

    Financing Options
     
    Locos Grill & Pub Franchise
    Jimmy John's Gourmet Sandwich Shops Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Locos Grill & Pub Franchise
    Jimmy John's Gourmet Sandwich Shops Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op advertising, Ad slicks, Regional advertising
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 40

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Locos Grill & Pub Franchise
    Jimmy John's Gourmet Sandwich Shops Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Locos Grill & Pub

     


    A lot of us grow up dreaming maybe we could own our own business one day. And a lot of us think about how fun it could be if that business was a restaurant. What keeps us from executing that dream? Money?

    Not knowing where to start? Not understanding what to do first, last and everything in between?

    Stop dreaming and take action! Become an owner/operator of Locos Grill & Pub.

    We will walk you through the entire process from site selection to design hiring and training a staff and be right beside you when you open and get comfortable being your own boss!

    With 33 years of experience, why would you go anywhere else?
    We LOVE what we do and invite you to be a part of the hospitality industry that is the backbone of country
    At Locos Grill & Pub, our goal is to provide each customer with a superior product, quality service and complete satisfaction. This philosophy also extends to our Franchise Owners. Locos Grill & Pub restaurant franchise offers a great opportunity for an investment, a career, or both. As a Locos Franchise Owner you will benefit from being part of a brand that has exhibited steady growth and success in a wide range of markets. When you become a Locos Franchise Owner, you become part of our family and receive extensive support from an amazing organization. Locos Franchise Company is backed by a talented team of individuals with a broad range of experience in the restaurant and franchise industry. We provide a comprehensive 10-week training program prior to opening, as well as pre-opening and post-opening employee training and assistance. A cornerstone of our concept is our on-going support program. We provide assistance to you 24 hours a day, 7 days a week. The Locos Grill & Pub management team has combined over 100 years of experience in the operation of successful restaurants and will provide on-going support to franchise restaurant owners.

    About Jimmy John's Gourmet Sandwich Shops

    James J. Liautaud established Jimmy John's in Charleston, Illinois, in 1983 when he was 19 years of age. With utilized hardware, a cooler, one meat slicer, a cooler and a stove, Jimmy John Liautaud began his business without even a posted menu or an open air sign. At the time, he offered four sandwich assortments and 25-penny sodas. In the wake of going out sandwich tests all through the school town, Liautuad included conveyance benefit, tables, open air signs, menu sheets and an extended menu. He opened a few more stores and built up a model before diversifying started in 1993. Jimmy John's franchisees prepare bread at every store each day, and each sandwich is made new to arrange in 30 seconds.

    Watching your calories?  Try our 'Unwich'  A sandwich with lettuce for a wrapping, not bread !!

    The total investment necessary to begin operation of a Jimmy John's Restaurant is $313,600 to $556,100 (including initial real estate lease costs).
    This includes $30,000 to $37,000 that must be paid to the franchisor or affiliate.
    If you want development rights (for a minimum of 3 Restaurants), you must pay the franchisor a development fee equal to $35,000 (the initial franchise fee for the first Restaurant), plus the $30,000 initial franchise fee due under each additional Franchise Agreement you sign when you sign the Development Rights Rider, plus a deposit of $10,000 for each additional Restaurant you agree to develop but for which you do not sign a Franchise Agreement when you sign the Development Rights Rider.

    "Entrepreneur

    #23 in Franchise 500 for 2020.
    #72 in Franchise 500 for 2021.