Larry's Giant Subs vs Jimmy John's Gourmet Sandwich Shops Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Larry's Giant Subs 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
 
Larry's Giant Subs Franchise
Jimmy John's Gourmet Sandwich Shops Franchise
Investment $136,800 - $201,900$313,600 - $556,100
Franchise Fee $20,000$35,000
Royalty Fee 6%6%
Advertising Fee -4.5%
Year Founded 19821983
Year Franchised 19861993
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $1K$2.5K


Business Experience Requirements
 
Larry's Giant Subs Franchise
Jimmy John's Gourmet Sandwich Shops Franchise
Experience
  • Industry experience
  • General business experience

  • General business experience
    		•

    Financing Options
     
    Larry's Giant Subs 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
     
    Larry's Giant Subs Franchise
    Jimmy John's Gourmet Sandwich Shops Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, 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: 12

    Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Larry's Giant Subs Franchise
    Jimmy John's Gourmet Sandwich Shops Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Larry's Giant Subs

    "Larry's formula for success: Quality, Honesty, Reliability - We Set the Standard!" Larry Raikes - Larry's Giant Subs"I'm very proud of our franchise owners. They've helped make our company the best it can be.
    In 1982, my brother Mitchell and I opened the first Larry's Giant Subs in Jacksonville, Florida. We offered extraordinary quality then, as we still do today. Our franchisees share our commitment to serving the very best. And we've all been successful using this simple formula."
    The first thing you need to know about Larry's Giant Subs is that we do everything in a Big Way. This means we are Quality Driven. We serve only the best . . . no compromises. That's why we are different. That's why we are better. To be a Larry's Giant Subs Franchisee, all you need is enthusiasm and perseverance. This system was designed by aspiring entrepreneurs and that is who it's tailored to fit. Mitchell Raikes said it best: "We are only as good as the sandwich that comes across the counter and the smiling face that prepares and serves it. Take pride in what you do and be the best that you can be". The future looks especially bright for the sandwich section of the fast food industry. Sandwiches and salads may be hot but Larry's Giant Subs is even hotter. Simply put, we believe Larry's Giant Subs sandwiches are the best you can buy. A better sandwich means a better opportunity for you. If you would like to own an exciting business in a growing market segment then a Larry's Giant Subs Franchise could be for you.

    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.