Jimmy John's Profile
Investment
Requirements:
Total
Capital Investment: $287,900 - $373,000
Financial
Requirements:
$80,000
Liquid Capital & $300,000 Net Worth
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Jimmy Johns's
Franchise Business For Sale Information:
Jimmy John's World's Greatest Sandwiches are made from the highest quality meats, cheeses and toppings available. The fresh vegetables that go into all our sandwiches are cut daily. Our breads are baked fresh in our stores everyday. Each sandwich is made one at a time, fast and flawless
Jimmy John's success
is built upon an unyielding commitment to quality coupled with an unbeatable,
repeatable process.
Franchise
Information
Jimmy John's franchisees pay an initial franchise fee of $35,000. Fees for subsequent stores are $30,000 respectively.
Individuals 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 2005 annual sales at 10 of the corporate-owned units
were $922,381. 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
(10) affiliate-owned stores that were open 5 years or more for the period
of 12-29-04 through 12-27-05 as published in our Uniform Franchise Offering
Circular. Of these 10 stores 3 (30%) had higher gross sales, 7 (70%)
had higher food and paper costs, and 7 (70%)higher net profit during
the reported period. The above figures are actual. However, the FTC requires
us to include the following statement in this advertisement - Caution:
The figures are only estimates. There is no assurance that you will do
as well. If you rely on our figures, you must accept the risk of not
doing as well. This offering is made by prospectus only.
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What kinds
of training can I expect as a franchisee?
All new franchisees participate in an 18-day program conducted by our Training Staff at the Jimmy John's Training Center located in Champaign, Illinois. Once completed, franchisees will attend a four week apprenticeship program at an approved location closer to their home market.
How is food
quality and consistency maintained?
All 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 around.
Jimmy John's offers great 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.
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