Jimmy John’s Gourmet Sandwiches Franchise Cost & Opportunities
Liquid Capital Required: $80,000
Jimmy John’s Gourmet Sandwiches is a fast-growing franchise dedicated to serving the world’s greatest gourmet sandwiches. Actually, as founder Jimmy John Liautaud will tell you, he doesn’t consider his sandwiches gourmet necessarily, but he does insist that they are the tastiest sandwiches and subs in the business. The Jimmy John’s menu offers a wide selection of eight-inch subs, made on homemade French bread, with fresh vegetables and cheese and the finest meats. Also, the Jimmy John’s giant club sandwiches feature twice the meat or cheese you’ll find on most sandwiches, made on fresh-baked, thick-sliced 7-grain bread or French bread. Or, if you don’t want to choose, select the J.J. Gargantuan, a massive sandwich that pretty much includes everything.
Jimmy John’s Gourmet Sandwiches Franchise Opportunities - Information
There are three main components to the Jimmy John’s franchise brand. The company keeps the business model simple, honest and makes it happen. Simple means limited, focused inventory. Honest means delivering on the promise to serve an excellent, satisfying sandwich every time out. It’s what makes customers come to trust Jimmy John’s Gourmet Sandwiches and keep on coming back. And when franchisees start a Jimmy John’s business, they know they are joining a company that is passionate about its brand and its service, and committed to huge success. Ninety-five percent of Jimmy John’s stores are franchise-owned.
Jimmy John’s Gourmet Sandwiches Franchise Opportunities – History
Jimmy John’s Gourmet Sandwiches was founded by Jimmy John Liautaud in 1983 after he graduated from Elgin Academy. He opened the first Jimmy John’s in a garage in Charleston, Illinois, with used equipment and no menu or advertisement, just a few sandwiches and sodas. But by 1985 and success with his sandwiches, Liautaud bought out his father’s interest in the business and opened a second store in Macomb, Illinois, then several more stores in the state before offering franchising in 1993. Jimmy John’s now has more than 1,200 locations open and operating in 40 U.S. states.
Jimmy John’s Gourmet Sandwiches Franchise Cost / Initial Investment / Jimmy John’s Gourmet Sandwiches Franchise Income
The initial franchise fee for Jimmy John’s Gourmet Sandwiches is $35,000. The total estimated investment to open and operate a Jimmy John’s ranges from $305,500 to $487,500. A 6% royalty fee on gross weekly receipts is paid to the company, in addition to a 4.5% advertising fee. The average annual gross sales of a Jimmy John’s franchise is $1,360,396.
Jimmy John’s Gourmet Sandwiches Business Opportunities: Other Information
Jimmy John’s Gourmet Sandwiches sponsors NASCAR driver Kevin Harvick, and ultimate fighter Brock Lesnar.
Jimmy John’s Gourmet Sandwiches Franchise Stats
|Jimmy John’s Gourmet Sandwiches Date Founded:||1983|
|Jimmy John’s Gourmet Sandwiches Franchising Since:||1993|
|Jimmy John’s Gourmet Sandwiches Average Royalty:||$6%|
|Jimmy John’s Gourmet Sandwiches Franchise Fee:||$35,000|
|Jimmy John’s Gourmet Sandwiches Net Worth Required:||$300,000|
|Jimmy John’s Gourmet Sandwiches Franchise Investment:||$305,500 - $487,500|
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