Jimmy John’sRequest More Info
Business Type: Franchise
Startup Costs: $325,500 - $555,000
Why Jimmy John’s
Jimmy John’s has something people crave – honestly good sandwiches and world-class service. With a limited, focused inventory, we keep things simple. We offer our customers freaky fast service, high quality products and consistency to keep them coming back.
Average 2015 annual sales were $1,326,276. * You are welcome to contact existing franchisees to find out what their sales are. Most franchisees are willing to discuss such information with you once it is determined that you are serious about investing in a Jimmy John’s franchise.
What it takes to own a Jimmy John’s
Jimmy John’s seeks franchisees that have real motivation and a track record of success. Our operators are the best in the country. They do whatever it takes to get the job done. They work hard and have fun doing it, too!
You’ll need a minimum of $80,000 in non-borrowed liquid assets and a net worth of at least $300,000. The total cost of each unit varies by size and location. Jimmy John's franchisees pay an initial franchise fee of $35,000. Fees for subsequent stores are $30,000 respectively. Royalty and continuing services fees are 6% of gross sales. Advertising fees are 4.5%.
All new franchisees participate in an intense 17-day training program and 4-week apprenticeship program. When you’re done, you’ll be fired up to operate your store!
Jimmy John's offers investor growth opportunities. The average Jimmy John's franchisee opens a second store within two years of the first. Multiple unit owners are our fastest growing franchise segment.
Contact us to learn more about what it takes to own your own Jimmy John’s!
*Figures reflect averages for twenty-one (21) affiliate-owned restaurants that opened before January 1, 2011, as published in Item 19 of our April 2016 Franchise Disclosure Document. These averages are based on a 52-week annual period from December 31, 2014 through December 29, 2015. Of these twenty-one (21) restaurants, 10 (48%) had higher gross sales, 12 (57%) had higher food and paper costs, and 9 (43%) had higher net profit percentage during the reported period. The financial performance representation contained in Item 19 of our April 2016 Franchise Disclosure Document also includes (1) average and median system–wide gross sales, average and median franchise gross sales, and the number and percentage of restaurants exceeding the averages during the referenced period, (2) average and median gross sales, average and median food and paper cost, and average and median net profit percentage information during the referenced period for fourteen (14) affiliate-owned restaurants that were opened after January 1, 2011 and before January 1, 2015, and (3) other average and median performance information for affiliate-owned restaurants. A new franchisee’s results may differ from the represented performance. There is no assurance that you will do as well and you must accept that risk. This offering is made by prospectus only.