Jimmy John's Gourmet Sandwich Shops vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jimmy John's Gourmet Sandwich Shops vs My Friend's Place 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
My Friend's Place Franchise
Investment $313,600 - $556,100$156,650 - $260,400
Franchise Fee $35,000$20,000
Royalty Fee 6%5%
Advertising Fee 4.5%1%
Year Founded 19831980
Year Franchised 19931980
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
Jimmy John's Gourmet Sandwich Shops Franchise
My Friend's Place Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Jimmy John's Gourmet Sandwich Shops Franchise
    My Friend's Place 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
    My Friend's Place Franchise
    Training -1. Headquarters 12 Business Days

    2. Franchisee Site 12 Business Days
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsField Operation Evaluation

    Field Training: At Additional Cost

    Initial Store Opening

    Inventory Control: At Additional Cost
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations -Average Number of Employees: 2 Full-time, 2 Part-time

    Passive Ownership: Not Allowed

    Expansion Plans
     
    Jimmy John's Gourmet Sandwich Shops Franchise
    My Friend's Place Franchise
    US Expansion -Yes
    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 My Friend's Place

    A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'