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Updated RecentlyJimmy John's Gourmet Sandwich Shops Franchise
Gourmet sandwich shop
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.
Restaurant is $313,600 to $556,100 (including initial real estate lease
costs).
franchisor or affiliate.
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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How much does it cost to open a Jimmy John's Gourmet Sandwich Shops Franchise?
The investment required to open a Jimmy John's Gourmet Sandwich Shops Franchise is between $313,600-$556,100. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Jimmy John's Gourmet Sandwich Shops name.
Individual Unit Costs
- Initial Investment:
$313,600-$556,100 - Initial Franchise Fee:
$35,000 - Royalty Fee:
6% - Advertising Fee:
4.5% - Term of Agreement:
10 years - Renewal Fee:
$2.5K
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Jimmy John's at a glance
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Jimmy John's at a glance
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Jimmy John's Gourmet Sandwich Shops News & Press Releases
When did Jimmy John's Gourmet Sandwich Shops start Franchising? 1993
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): various lending sources
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing
Co-op advertising, Ad slicks, Regional advertising
Business Experience:
To calculate how much income a franchise owner can do at Jimmy John's Gourmet Sandwich Shops Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Jimmy John's Gourmet Sandwich Shops and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Jimmy John's Gourmet Sandwich Shops franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Jimmy John's Gourmet Sandwich Shops
Jimmy John's Gourmet Sandwich Shops
2212 Fox Dr.
Champaign,
IL
61820
