Open A Jimmy John S Franchise

To open a jimmy john s franchise you will need 80 000 in non borrowed personal resources.

Open a jimmy john s franchise.

By 2002 jimmy john s had grown to 160 locations the vast majority of them operated by jimmy john s franchisees. However as a condition of renewal you must make certain upgrades modifications and improvements at your restaurant to meet our current standards. First jimmy john s extracts an upfront franchise fee of 30 000 to 35 000. The resources could be in the form of cash marketable securities stocks or others liquid asset.

Enjoy all jimmy john s has to offer when you order online for delivery or catering or stop by a location near you. An appointment is set with qualified candidate to visit jimmy john s corporate office where the candidate will then be disclosed with our current franchise disclosure document fdd. Jimmy john s opened its first store in charleston illinois in 1983. You will not incur most of these costs if you are renewing your franchise because your restaurant already is open.

Follow the link and complete the application to apply to become a jimmy john s franchise owner at a new or existing location. Make sure you have the needed financial backings. Over the next few years jimmy john s continued to grow at a rapid pace and in 2016 jimmy john s announced that roark capital group had agreed to acquire a majority stake in the company. Filling out the application is free and doesn t obligate you to open a franchise with jimmy john s.

The applicant s net worth should also be at least 300 000 to qualify. To own a jimmy john s restaurant your looking at a total investment of 330 500 to 519 500 depending on the size and location and includes initial real estate lease costs and a franchise fee of 30 000 to 35 000. In actuality candidates will need 80 000 in either cash marketable securities stocks etc. As one of the fastest growing restaurant chains in america jimmy john s currently has over 2 700 units across 43 states and lots of room to grow.

Your costs will depend on your restaurant s. None of the funds can be borrowed. Expect to pay another 95 500 to 166 000 for freezers refrigerators ovens signs furniture and other fixtures. Jimmy john s gourmet sandwiches rated 1 sandwich delivery chain in america is rapidly expanding.

However franchising picked up again and by 2010 there were 1 000 jimmy john s shops open around the united states.