How Much Money Does A Jimmy John Franchise Owner Make

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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.

Parent Company: Inspire Brands

Leadership: James North, Brand President

Franchising Since: 1993 (28 years)

# of employees at HQ: 3,000

# of Units: 2,755 (as of 2021)

Corporate Address: 2212 Fox Dr.
Champaign, IL 61820

Corporate Address: Jimmy John's Gourmet Sandwiches

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

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: $316,100 - $558,600

Net Worth Requirement: $1,000,000

Cash Requirement: $200,000

Term of Agreement: 10 years

Is franchise term renewable?: Yes

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

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

On-The-Job Training: 171 hours

Additional Training: 7 weeks for general managers; 3 weeks for assistant managers

Ongoing Support: Security & Safety Procedures

Franchisee Intranet Platform

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

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

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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