Jimmy John's Sandwich Franchise:
Jimmy John's success is built upon an unyielding commitment to quality coupled with an unbeatable, repeatable process.
Interesting Fact(s):
- Fastest-Growing Franchises - #23 (2009); #29 (2008)
- Franchise 500® #53 (2009)
- Ranked #1 in category (2007)
- Franchising since 1993
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- Franchise fee: $35K
- Royalty fee: 6%
- Franchise Agreement: 10 years, renewable
- Absentee ownership of this franchise is NOT allowed.
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Franchise Fees:
Jimmy John's franchisees pay an initial franchise fee of $35,000. Fees for subsequent stores are $30,000 respectively.
Individuals typically need a minimum of $80,000 in non-borrowed personal resources to qualify for financing thru third-party lending sources, Jimmy John's does not provide financing. The total cost of each unit varies by size and location.
Royalty and continuing services fees are 6% of gross sales.
Advertising fees are 4.5%.
FAQ's
How can I open a Jimmy John's franchise?
Jimmy John's actively seeks highly qualified individuals to become franchisees. Prior business experience, coupled with personal financial qualifications, individual motivation and a track record of success are important factors in our evaluation process. If you are interested in pursuing single or area development opportunities as a Jimmy John's franchisee, please read the information below and be sure to complete the following brief questionnaire.
What is the typical size of a Jimmy John's location?
The average size of a location is approximately 1,200 square feet.
What are the average annual sales of a Jimmy John's store?
Average 2009 annual sales at 16 of the corporate-owned units were US$1,172,013*. 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. *Figures reflect averages for sixteen (16) affiliate-owned stores that opened before January 1, 2005 as published in Item 19 of our April 2010 Franchise Disclosure Document. These averages are based on a 52-week annual period from December 31, 2008 through December 29, 2009. Of these sixteen (16) restaurants, 7 (44%) had higher gross sales, 7 (44%) had higher food and paper costs and 7 (44%) had higher net profit during the reported period. The financial performance representation contained in Item 19 of our April 2010 Franchise Disclosure Document also includes (1) average system-wide gross sales, average franchise gross sales, and the number and percentage of outlets exceeding these averages during the referenced period and (2) average gross sales, food and paper cost, and net profit information during the referenced period for affiliate-owned restaurants that were opened after January 1, 2005 and before January 1, 2009.
What kinds of training can I expect as a franchisee?
All new franchisees participate in an intense 18-day training, then they must enroll in a 4 week mandatory apprenticeship program.
How is food quality and consistency maintained?
All proprietary and contracted food products, with the exception of produce, are delivered by a national distributor to all stores on a weekly basis. Our vegetables are purchased from local sources and are delivered to your store fresh daily. In this manner, the high quality Jimmy John's sandwich you enjoy in Champaign, Illinois is the same as the tasty sandwich we make for you in St. George, Utah or any other Jimmy John's location.
Learn more about why Jimmy John's has been named one of the best franchise opportunities today.
Jimmy John's offers investor growth opportunities. The average Jimmy John's franchise opens a second store within two years of the first. Multiple unit owners are our fastest growing franchise segment.
To immediately receive more information from Jimmy John's, simply fill out the short form below and contact information will be emailed to you.