Here are the major factors that contributed to the total jimmy john s franchise cost.
Opening a jimmy john s franchise.
There will be a lot of factors that can affect the total startup cost whenever you franchise a business.
You ll have to factor in real estate purchase costs royalty payments and advertising among other things.
The cost can vary due to many factors including the location of the franchise and economic conditions.
The applicant s net worth should also be at least 300 000 to qualify.
For jimmy john s the average startup costs run around 325 000 up to 555 000.
The upfront fee of the jimmy john s.
The resources could be in the form of cash marketable securities stocks or others liquid asset.
Average jimmy john s franchise startup fee.
Once you become a jimmy john s franchise owner our team is here to help you succeed in opening and running your store by providing support in the areas of real estate construction training marketing operations and purchasing.
Also read tea time franchise cost process eligibility jimmy johns franchise review.
Jimmy john s franchise average cost.
This total though only includes your initial investment.
To open a jimmy john s franchise you will need 80 000 in non borrowed personal resources.
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.
It costs between 313 600 and 556 100 to open a jimmy john s franchise.
He found a few places like closed garages and old closed pizza shops where he could open his restaurants and the outcome turned out to be fine.
Within august of 1982 he had 4 sandwiches on the menu.
Jimmy john s gourmet sandwiches rated 1 sandwich delivery chain in america is rapidly expanding.