Jimmy John's Gourmet Sandwiches

Jimmy John's Gourmet Sandwiches

Sandwiches
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2021 Franchise 500 Rank
#72 Ranked #23 last year
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Initial investment
$314K - $556K
Units as of 2020
2,724 0.1% over 3 years

Company Overview

James J. Liautaud founded Jimmy John's in Charleston, Illinois, in 1983 when he was 19 years old. With used equipment, a refrigerator, one meat slicer, a freezer and an oven, Jimmy John Liautaud started his business without even a posted menu or an outdoor sign. At the time, he offered four sandwich varieties and 25-cent soft drinks. After passing out sandwich samples throughout the college town, Liautuad added delivery service, tables, outdoor signs, menu boards and an expanded menu. He opened several more stores and developed a prototype before franchising began in 1993. Jimmy John's franchisees bake bread at each store every day, and every sandwich is made fresh to order in 30 seconds.

About Jimmy John's Gourmet Sandwiches

Industry
Food
Related Categories
Miscellaneous Sandwiches, Sandwiches
Founded
1983
Parent Company
Inspire Brands
Leadership
James North, Brand President

Franchising Overview

Franchising Since
1993 (28 years)
# of employees at HQ
250
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
2,724 (as of 2020)

Franchisor Information

Corporate Address
2212 Fox Dr.
Champaign, IL 61820

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Jimmy John's Gourmet Sandwiches franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$35,000
Initial Investment
$313,600 - $556,100
Net Worth Requirement
$1,000,000
Cash Requirement
$200,000
Royalty Fee
6%
Ad Royalty Fee
4.5%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Jimmy John's Gourmet Sandwiches has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
119.5 hours
Classroom Training
16 hours
Additional Training
7 weeks for general managers; 3 weeks for assistant managers
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
20
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Jimmy John's Gourmet Sandwiches landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Jimmy John's Gourmet Sandwiches ranked on other franchise lists? Find out below.

Ranked #72

Franchise 500 Ranking

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021