Jimmy John’s Information:
Gourmet subs and clubs made on fresh baked french bread or thick sliced 7-grain wheat bread. Customers
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 brief questionnaire.
What is the average size of a Jimmy John’s?
The average size of a Jimmy John’s is 1,200 square feet. It can be larger or smaller, we offer drive-through possibilities, and we even have a few enclosed mall locations.
What is the franchise fee to open a Jimmy John’s?
The one-time franchise fee for your first store is $30,000. Each store is $25,000 thereafter, $20,000 if they are under an Area Development Agreement.
How much money do I need to open a franchise?
Individuals will need $80,000 in non-borrowed personal resources along with an overall net worth of $300,000 to qualify for financing to be secured through third party lending sources, as Jimmy John’s does not provide financing. The total cost of each unit varies by size and location.
How much are the royalties and other annual fees?
Royalty fees are 6% and all of our stores contribute 4.5% additionally for advertising.
What are the average annual sales of a Jimmy John’s store?
Average 2003 annual sales at 14 affiliate-owned stores opened for the period of 1-1-03 thru 12-31-03 was $849,779. During our awarding process you will be allowed and encouraged to speak with other Jimmy John’s franchisees to get more detailed financial information.
How much can I make as a Jimmy John’s franchisee?
We are restricted by the Federal Trade Commission and various state franchise sales regulations from providing you with specific profit projections. To learn more about actual experiences, we suggest you contact existing franchisees.
How are Jimmy John’s site locations selected?
Selecting the site is a joint process between the franchisee and Jimmy John’s Franchise, Inc. We will provide you with our site selection criteria and help you get in touch with commercial realtors who specialize in locating retail locations. Once a potential Jimmy John’s site has been identified, we will review and evaluate it together.
How long does it take to open the store?
Each location is different, depending on a variety of factors including site selection, buildout requirements and training. On average it takes about 5 months from signing the franchise agreement until opening day.
Can I buy stock in Jimmy John’s?
Jimmy John’s is still a private company and does not have publicly traded stock. We appreciate your interest and hope to provide you with the opportunity to become a Jimmy John’s shareholder in the future.
What kinds of training can I expect as a franchisee?
All new franchisees participate in a 3 week training program conducted by our training staff at either of our Training Centers in Ann Arbor, Mi or Champaign, IL. Once completed, they will then do a 4 week apprenticeship program conducted in a selected franchised 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.