Jimmy John's Gourmet Sandwich Shops vs Hogi Yogi Franchise Comparison

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

Start-Up Costs and Fees
 
Jimmy John's Gourmet Sandwich Shops Franchise
Hogi Yogi Franchise
Investment $313,600 - $556,100$108,000 - $452,000
Franchise Fee $35,000$25,000 - $30,000
Royalty Fee 6%6%
Advertising Fee 4.5%-
Year Founded 19831989
Year Franchised 19931993
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
Jimmy John's Gourmet Sandwich Shops Franchise
Hogi Yogi Franchise
Experience
  • General business experience
    		• -

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

    Training & Support
     
    Jimmy John's Gourmet Sandwich Shops Franchise
    Hogi Yogi Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations --

    Expansion Plans
     
    Jimmy John's Gourmet Sandwich Shops Franchise
    Hogi Yogi Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    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.




    About Hogi Yogi

     
    In 1989, Mike Clayton, organizer of Hogi Yogi®, perceived the market capability of two prominent nourishment sections in the fast food industry: submarine (hoagie) sandwiches and solidified yogurt. Mike is an alum of Brigham Young University with a Masters in Accounting and had labored for a long time with a Big Six bookkeeping firm. Mike says, "By then in my life- - I was 27- - I chose I needed to go into the fast-food industry, yet it wasn't until I'd done a considerable measure of research that I realized what it ought to be."

    The introduction of the "Hogi" and "Yogi"

    He had a companion whose father had concocted a sweet machine that utilized normal solidified yogurt without including air or sugar. The outcomes possessed a flavor like dessert and had the surface and appearance of frozen yogurt, yet had the nutritious estimation of solidified yogurt. Mike and a couple of financial specialists experienced many names until one Sunday at the family supper table, somebody made a joke about his "hogis and yogis", and the name stuck. "At to begin with, everybody thought it was entertaining and a couple likely thought about whether we were not kidding," says Mike, "Yet it's something individuals recall. It's been a decent decision."

    The First Restaurant

    The principal eatery was implicit the Northern Utah town of Logan. Eateries in Provo, Orem, and West Valley City took after, and business kept on climbing. A long time of research and work went into the couple of eateries before diversifying began - building up the thought happened amid these years.

    Diversifying and the Future

    Diversifying began in 1993. Right now, there are more than 70 eateries in Utah, California, Idaho, Arizona, Nevada, Texas, and North Dakota. Our present objective is to open one beneficial eatery at once.

    Turn into a part of our group!

    Much obliged to you for your enthusiasm for our Hogi Yogi/Teriyaki Stix establishment opportunity! Right now, we are redesigning our Franchise Disclosure Document (FDD). This implies we are presently not able to investigate our establishment opportunity with you because of FTC directions. We envision the procedure will be finished in two or three months. In the event that you take after the connection underneath and round out the frame, we will be in touch when our records are prepared. Much obliged to you for your enthusiasm for a Hogi Yogi or Teriyaki Stix establishment. We anticipate talking with you!