Jimmy John's Gourmet Sandwiches
#23 Franchise 500| Sandwiches

Jimmy John's Gourmet Sandwiches
Sandwiches

About
Founded

1983

Franchising Since

1993 (27 Years)

Corporate Address

2212 Fox Dr.
Champaign, IL 61820

Leadership

James North, CEO

Parent Company

Jimmy John's Franchisor SPV LLC

Financial Requirements
Initial Investment

$313,600 - $556,100

Net-worth Requirement

$1,000,000

Liquid Cash Requirement

$200,000

Ongoing Fees
Initial Franchise Fee

$35,000 - $35,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

4.5%

Financing Options

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

Support Options
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

On-The-Job Training:

119.5 hours

Classroom Training:

16 hours

Additional Training:

7 weeks for general managers; 3 weeks for assistant managers

Number of Employees Required to Run:

20

Jimmy John's Gourmet Sandwiches is ranked #23 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $313,600 High - $556,100
Units
+0.9%+25 UNITS (1 Year) +6.9%+182 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: July 8th, 2020