Today 20 October
Updated 8 february 2021

Franchise Jimmy John's Gourmet Sandwiches

Investments

$329,500

Franchise fee

$35,000

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Short information

$329,500

$329,500

Investments

$80,000

$80,000

Minimum Cash

5

5

Wishing to buy

1983

1983

Year Brand Started

2774

2774

Offices

1993

1993

Year Franchising Started

Franchise Jimmy John's Gourmet Sandwiches

Investments

$329,500

Offices

2774

Franchise Fee

35000

Short information

1983

Year Brand Started

1993

Year Franchising Started

About Franchise

Jimmy John's Franchisor SPV, LLC is the franchisor. The franchisor offers the right to operate a restaurant under the “Jimmy John’s” name. Jimmy John's restaurants serve high-quality deli sandwiches, fresh baked breads, other food and beverage products.

Before opening the restaurant, franchisees must designate the operations partner and on-site managers for training on the material aspects of operating a Jimmy John’s restaurant. This training does not include aspects of labor relations and employment practices. Usually, training is two weeks long but can be longer or shorter depending on a franchisee's experience and needs.

Training will take place in a designated training center of the franchisor's choice and/or in one of the Jimmy John’s restaurants. Also, the operations partner must complete 4 week-long training. In case it is the first restaurant for a franchisee, before attending the two weeks training, the operations partner and on-site managers must attend the “Boot Camp” training for new franchisees.

Boot Camp training is about five days long. This training will be located in the franchisor’s training kitchen and will train how to complete opening procedures, make all of the franchisor’s recipes, bake bread, make sandwiches.

The franchisor will send its representative to assist during the opening period, at free charge for a franchisee, when the restaurant will be ready for opening. During the franchise term, the franchisor may require the operations partner/managers to attend any additional training it may provide, at the times and locations the franchisor will designate.

Franchise Jimmy John's Gourmet Sandwiches

Territory Granted: The franchisor must accept a specific location where the franchisee will operate. The franchisor does not grant an exclusive territory or any type of non-exclusive territory for a franchisee. There may be competition from other franchisees, franchisor restaurants or other forms of distribution, or brand competitors controlled by the franchisor.

Obligations and Restrictions: Franchisees must put their best efforts to promote and strengthen the restaurant and the Jimmy John’s brand. Franchisees must be always faithful, honest, and diligently perform their contractual obligations.

The owners of the franchise must personally guarantee the obligations under the Franchise Agreement and to be bound by every contractual provision, whether containing monetary or non-monetary obligations, including the covenant not to compete.

All menu items and services periodically required by the franchisor for Jimmy John's restaurants must be offered for sale. Any other products and services that are not authorized by the franchisor forbidden for sale in the restaurant.

Franchise Jimmy John's Gourmet Sandwiches

Term of Agreement and Renewal: The duration of the initial franchise term is 10 years from the restaurant’s opening day. Franchisees may require renewal for 10 years or less on the then-current terms (which may be materially different) if franchisees are in full compliance.

Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease, or obligation.

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Finance Information

Investments: $329,500 – $557,500

Franchise fee: $35,000

Royalty fee: 6%

Minimum Cash: $80,000

Net Worth: $300,000

Training and Support

Our training program gives you the tools to run your store successfully. The training program consists of classroom and in-store training, plus 4 weeks of hands-on management experience for brand-new franchise owners. Trainees are exposed to every aspect of store management, from baking bread and slicing veggies, to learning how to manage food costs and financials.

Request information to learn more about what it takes to own your very own Jimmy John’s!

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Business Type

Franchise

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