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Updated RecentlyJimmy John's Gourmet Sandwich Shops vs Silver Mine Subs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jimmy John's Gourmet Sandwich Shops vs Silver Mine Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $313,600 - $556,100 | $197,000 - $340,000 |
| Franchise Fee | $35,000 | $20,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 4.5% | 4% |
| Year Founded | 1983 | 1996 |
| Year Franchised | 1993 | 2002 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | - | Our three week training course in Fort Collins, Colorado covers the fundamentals of establishing and operating a Silver Mine Subs� franchised restaurant. The training program is a combination of hands-on experience in one of our corporate stores, and classroom education at our corporate office. During training, all franchise owners will receive a proprietary operations manual. Ongoing education is provided through periodic newsletters to all franchisees, franchise conferences and educational seminars held at our corporate headquarters. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations | - | - |
Expansion Plans |
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| 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.
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#23 in Franchise 500 for 2020.
#72 in Franchise 500 for 2021.
About Silver Mine Subs
Hungry for the possibility of being your own boss?
Ready to "Dig In" to a tasty concept!
Geared up to hit the Mother Lode?Silver Mine Subs goes beyond the standard sandwich shop. Our mining mentality and "silver" delivery service until 3 am make us the most convenient choice for hungry prospectors. Our dedicated franchise team promises entrepreneurs a proven concept with the individualized franchisee attention not often afforded by others. Our product, store atmosphere and people work in concert to provide the perfect food for our customer's lifestyles. Silver Mine Subs delivers not just food, but an experience.
Our locations in six states (and growing!) serve over a thousand customers per location per week. You maximize your customer base because unlike other concepts, we go beyond the standard model by delivering great taste directly to the mouths of hungry customers, and we offer healthy food options well beyond the standard dinner hour.
Get your share of the silver dust! Contact us to learn more about opening your Silver Mine Subs franchised location!
When you join the Silver Mine Subs system, you become a part of a growing brand with proven operational success. Silver Mine Subs offers high quality products along with a program that is so good, you do not need restaurant or food experience to succeed.