Mr. Appliance
Trusted appliance repair franchise serving residential and commercial customers coast to coast.
$50k minimum cash required
Jimmy John’s Sandwiches is not currently accepting inquiries.
| Financial requirements for this franchise: | |
| Minimum Cash Required | $80,000 |
| Total Investment | $329,500 - $557,500 |
| Available Investment | Up to $100,000 |
| Cash Required | $80,000 |
| Options available to franchisees: | |
| SBA Approved | Not Available |
| Facts about this franchise: | |
| Business Type | Franchise |
| Target Market | See List |
To open a Jimmy John’s Sandwiches franchise, prospective owners need a minimum of $80,000 in cash available (liquid capital) upfront. This amount is part of the estimated total initial investment required to start the franchise, which ranges from approximately $329,500 to $557,500.
Jimmy John’s has something people crave – honestly good sandwiches and world-class service. With a limited, focused inventory, we keep things simple. We offer our customers freaky fast service, high quality products and consistency to keep them coming back.
Currently, there are 2,720 stores open and they average in size 1,200 – 1,800 square feet.
Average annual sales in 2016 were $1,170,866. *
Jimmy John’s seeks franchisees that have real motivation and a track record of success. Our operators are the best in the country. They do whatever it takes to get the job done. They work hard and have fun doing it, too!
You’ll need a minimum of $80,000 in non-borrowed liquid assets and a net worth of at least $300,000. The total cost of each unit varies by size and location. Jimmy John's franchisees pay an initial franchise fee of $35,000. Fees for subsequent stores are $30,000 respectively. Royalty and continuing services fees are 6% of gross sales. Advertising fees are 4.5%.
All new franchisees participate in an intense 17-day training program and 4-week apprenticeship program. When you’re done, you’ll be fired up to operate your store!
* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.
TIP — Most successful franchise owners speak with 3 to 5 franchises before deciding. Consider adding a few more.
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