Jimmy John’s Sandwich Franchise
<a href=”http://www.trendbusinessideas.com/wp-content/uploads/2014/10/jiny-jones.jpg”>Jimmy John’s sandwich franchise success is built upon an unyielding commitment to quality coupled with an unbeatable, repeatable process. Learn more about why Jimmy John’s has been named one of the best franchise opportunities today!
Opportunities: Single, multi-unit and area development opportunities available throughout the US.
Business Type: Franchise.
Minimum Cash Required: $80,000.
Training Provided: Yes.
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%.
How can I open a Jimmy John’s franchise?
Inside a Jimmy John’s RestaurantJimmy 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 contact form at the end.
What is the typical size of a Jimmy John’s location?
The average size of a location is 1,200 – 1,800 square feet.
What are the average annual sales of a Jimmy John’s store?
Average 2013 annual sales were $1,470,812*. 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 eighteen (18) affiliate-owned restaurants that opened before January 1, 2009 as published in Item 19 of our April 2014 Franchise Disclosure Document. These averages are based on a 52-week annual period from January 2, 2013 through December 31, 2013. Of these eighteen (18) restaurants, 8 (44%) had higher gross sales, 12 (67%) had higher food and paper costs and 11 (61%) had higher net profit percentage during the reported period. The financial performance representation contained in Item 19 of our April 2014 Franchise Disclosure Document also includes (1) average system–wide gross sales, average franchise gross sales, and the number and percentage of restaurants exceeding these averages during the referenced period and (2) average gross sales, average food and paper cost, and average net profit percentage information during the referenced period for seven (7) affiliate-owned restaurants that were opened after January 1, 2009 and before January 1, 2013. A new franchisee’s results may differ from the represented performance. There is no assurance that you will do as well and you must accept that risk. This offering is made by prospectus only.
What kinds of training can I expect as a franchisee?
All new franchisees participate in an intense 17-day training, then they must enroll in a 4-week mandatory apprenticeship program.
How is food quality and consistency maintained?
Yummy SandwichAll 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.