Jimmy John’s
Cherry Franchise Broker
Total investment:
$ 329,500
Franchise fee:
$ 35,000
Royalty fee:
6%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1983
Franchise since: 1993
Company owned units:
Franchise owned units: 2737
Total number of units:
Number of employees per unit: 20
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEJimmy John’s Franchise, LLC is an American franchised sandwich restaurant chain, specializing in delivery. It was founded by Jimmy John Liautaud in 1983 and is headquartered in Champaign, Illinois. In 35 years, the company has grown to more than 2,800 locations in all states except Alaska, Connecticut, Hawaii, Maine, New Hampshire, Rhode Island and Vermont. Jimmy John’s has opened approximately 200 locations per year over the past three years. As of 2014, 98% of the locations were franchise-owned.
As of March 2017, Jimmy John’s has almost 3,000 stores with plans for expansion up to 5,000 and beyond.
On-The-Job Training: 119.5 hours
Classroom Training: 16 hours
Additional Training: 7 weeks for general managers; 3 weeks for assistant managers
Net-worth Requirement: $300,000
Liquid Cash Requirement: $80,000 Ad Royalty Fee: 4.5%
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