November 8, 2021. Jimmy John's has rolled out an incentive program to promote accelerated growth in 2022. Through this program, all or most of the Initial Franchise Fee is waived for qualifying deals, in addition to royalty discounts for the first 36 months. Franchisees who commit to individual and/or multi-unit development agreements for ...
The franchise fee is between $30,000 to $35,000, but the total cost of starting a Jimmy John's franchise will run you somewhere between $329,500 and $557,500.
Over $5 Million Net Sales: Estimated Selling Price = Net Sales *0.86. When you go to sell a Jimmy Johns franchise based on the median multiple of .34 and net sales averaging between 2020 and 2021 of $802,143, it would sell for $272,728. This is significantly lower than the midpoint investment of $513,650.
JIMMY JOHN'S ® SANDWICH SHOP IN Palm Desert. JIMMY JOHN'S. ®. SANDWICH SHOP IN Palm Desert. 44489 Town Center Way. Ste. C. Palm Desert, CA 92260. (760) 341-7827. Store Info.
At Jimmy John's in Stephenville, we don't make sandwiches. We make the sandwich of sandwiches. We use fresh vegetables because we don't hate salads, we just feel bad for them. We hand-slice our provolone cheese and meats every day, because packaged pre-sliced meats doesn't have the same ring to it. And we bake bread all day, every day …
9. 10. Three Glenlake Parkway NE. Atlanta, GA 30328. TEL: +1 678-514-4100. Apply for store-team-members jobs at Jimmy John's. Browse our opportunities and apply today to a Jimmy John's store-team-members position.
First, Jimmy John's extracts an upfront franchise fee of $30,000 to $35,000. Then, converting the location from whatever it was before into a Jimmy John's will cost anywhere from $97,500 to $200,000, according to Jimmy John's Franchising. Expect to pay another $95,500 to $166,000 for freezers, refrigerators, ovens, signs, furniture, and …
The total investment necessary for Jimmy John's franchisees to open ranges from $355,900 – $671,400. This includes the cost of leasing or purchasing a location, outfitting the space, and stocking it with supplies. It is also important to note that Jimmy John's requires all franchisees to have a minimum of $200,000 in liquid capital and a ...
JIMMY JOHN'S ® SANDWICH SHOP IN Marinette. JIMMY JOHN'S. ®. SANDWICH SHOP IN Marinette. 2320 Roosevelt Rd. Marinette, WI 54143. (715) 330-5152. Store Info.
Currently $2,000; the franchisor may increase this fee and charge up to $5,000. Learning Management System Fee. Currently $59.22 plus tax per restaurant per year, but may change depending on number of Jimmy …
However, according to Entrepreneur, the average annual sales for a Jimmy John's franchise is around $1.3 million, with a profit margin of 10-15%. To understand profitability better, let's look at an example. Say a Jimmy John's franchise costs $350,000 to open, including the franchise fee, equipment, and other expenses.
Put simply; our franchise support services are some of the very best in the industry. They include help with finding and building out your new restaurant, preparing you with comprehensive franchise training, and offering franchise support, like expert marketing and access to important vendor relationships, for the life of your Jimmy John's …
If you want to buy or sell a franchise, Franchise Flippers is right for you. If you are looking to buy or sell a franchise, or are interested in a Jimmy John's franchise opportunity, …
Employment Practices Risk Management. (Reuters) — Fast-food franchise Jimmy John's Enterprises L.L.C. has agreed not to enforce a prohibition on workers at its sandwich shops from taking jobs ...
Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for a Jimmy John's franchise, based on Items 5 and 6 of the company's 2021 FDD; Section IV – Number of franchised and company-owned Jimmy John's outlets at the start of the year and the end of the year for 2018, 2019, and 2020, based on Item 20 of the ...
A Jimmy John's Gourmet Sandwiches franchise is a great investment opportunity that is sure to bring promising earnings. The brand started franchising in 1993 and today has numerous locations. On average, the …
Jimmy John's requires that prospective franchisees meet the following criteria in order to own and operate a Jimmy John's store: Liquid Capital: $200,000. Net Worth: $1,000,000. Franchise Fee ...
Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for a Jimmy John's franchise, based on Items 5 and 6 of the company's 2020 FDD; Section IV – Number of franchised and company-owned Jimmy John's outlets at the start of the year and the end of the year for 2017, 2018, and 2019, based on Item 20 of the ...
Since 1983, Jimmy John's has served customers with excellent service and fresh food delivered fast. The chain prides itself on providing meats and vegetables hand sliced in-house every day and fresh baked bread. If you are looking to buy a sandwich franchise, Franchise Flippers can help you connect with successful existing Jimmy John's owners.
Jimmy John's franchises are available for sale from coast to coast and are the perfect opportunity to be in business for yourself but not by yourself! Our restaurant footprints are super-flexible, too, starting at just 800 sq. ft., and can include drive-thrus and patios for maximum fast and fresh! Our store prototypes are available for non ...
Franchise opportunities available. Jimmy John's Gourmet Sandwiches - Rated #1 Sandwich Delivery Chain in America is rapidly expanding. Skip to main content ... That's why customers have come to trust Jimmy John's. We Make it Happen. When you start a business in a garage and nurture it into a nation-wide franchise, that's ass-kickin' …
The Jimmy John's franchise is a gourmet sandwich shop that was founded by James John Liautaud in 1983. Since then, the brand has grown to become one of America's fastest growing restaurant brands with over 2,700 units with lots of room to grow. From 2022-2025, the brand is offering new incentives for new prospective franchise owners ...
For a limited time, we are offering significant incentives for new store development commitments for 2023 - 2025. Discover the simple steps on how to open a sandwich shop franchise with a top QSR brand. Explore …
33 rowsJimmy John's has the franchise fee of up to $35,000, with …
Jimmy John's franchises are available for sale from coast to coast and are the perfect opportunity to be in business for yourself but not by yourself! Our restaurant footprints are super-flexible, too, starting at just 800 sq. …
To open a Jimmy John's, new franchisees must pay an initial franchise fee of $30,000 to $35,000 for every unit they intend to develop. Ongoing Royalties and Program Contributions. Jimmy John's franchisees must pay an ongoing 6% royalty fee on monthly gross sales and must also contribute a 4.5% monthly marketing fee toward the …
Jimmy John's Sandwiches. 44489 Town Center Way, Ste. C, Palm Desert. Hours: 10 a.m. to 9 p.m. daily. (760) 341-SUBS (7827), Sandwich shop franchise caters to discerning sub ...
The owner of a Jimmy John's franchise with average sales can expect to earn about $90,000 each year. To make that amount, a franchisee must achieve at least $900,000 in gross annual sales. Since the average Jimmy John's franchise generated $922,442 in 2021, it's not an unrealistic level of revenue or associated salary.
Little Johns. A skinny mini version of any Original sandwich. Perfect for smaller appetites. ... Add your favorite chips, pasta salad, or Jimmy Pickle. Desserts. Satisfy your sweet tooth with one of our cookies or brownie. Drinks. Choose from an assortment of fountain or bottle drinks. Our Menu. Print Menu (PDF) Allergen Info (PDF) Nutrition ...
Jimmy John's was founded in 1983 and has 2,800 locations in 43 states. Jimmy John's founder and Chairman Jimmy John Liautaud will become an adviser to Inspire's board.
Jimmy John's Franchise Costs, Fees & FDD. Sandwich & Bagel Franchises. Download Full FDD. Year Business Began: 1983. Franchising Since: 1993. Headquarters: Atlanta, Georgia. Estimated Number of …
Jimmy John's initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company's 2022 FDD: Initial Franchise Fee: $30,000 to $35,000. Royalty: 6% of weekly Gross Sales. Advertising and Development Fund: up to 4½% of weekly Gross Sales (currently the full 4½%) or 1½% for Non-Traditional Locations.
The attorney general of Illinois on Wednesday filed a lawsuit claiming fast-food franchise Jimmy John's unlawfully requires its low-wage workers to sign agreements barring them from working at ...
Jimmy John's Franchise: Strengths & Advantages. 1. Jimmy John's currently has over 1,600 units in 42 states and the District of Columbia. At least 26 are company-owned stores, which is a strong plus. The system began franchising in 1993, so the franchisor took its time to develop the business model and systems before offering …
Jimmy John Liautaud, the founder of the sandwich chain bearing his name, is a passionate salesman of a simple philosophy: Work hard. Push forward. Learn from mistakes. It's a philosophy that …