Jimmy Johns Franchise Cost

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If you want to open a Jimmy John’s franchise, it would be best to first know all the costs of making this move. The brand has grown in popularity over the years since it was established in 1983. Jimmy John’s only started franchising about 10 years later after establishment, which was in 1993.

Its headquarters are in Champaign, Illinois and this restaurant has about 2,820 actively operational units. Before you can open a franchise under Jimmy John’s name, you must first undergo the training procedures, obligations and restrictions, the terms of agreement and renewal.

However, the most important of all the factors is Jimmy John’s franchise cost. So, how much is a Jimmy John’s franchise?

Well, the total costs of opening a Jimmy John’s franchise may range depending on the type of franchise you are interested in opening under this name. Here, we’ll look at the total costs of opening a Jimmy John’s franchise ranging from the lowest to the highest.

To get started, here's a quick breakdown of the estimated costs.

Jimmy John's Franchise Cost Breakdown

DescriptionEstimated Cost
Initial Franchise Fees$30,000 to $35,000
Rent or Real Estate Fees$2,500 to $8,000
Security Deposit Fees$2,500 to $8,000
Leasehold Improvements$97,500 to $200,000
Fixtures, Furniture, Equipment and Signage$95,500 to $166,000
Architect Costs$5,000 to $10,000
Office Equipment Costs$1,100
Utility Deposits$1,000 to $2,000
Opening Supplies and Inventory$6,000
Grand Opening Event$3,000 to $5,000
Training Expenses (up to 3 people)$6,000 to $15,000
Insurance Costs$11,500 to $15,000
Miscellaneous Expenses$2,000 to $10,000
Additional Funds$50,000 to $75,000
Total$313,600 to $556,100

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Summary of Expected Expenses

The Initial Franchise Fees

The initial franchise fees that you must pay to Jimmy John's ranges from $30,000 to $35,000.

Rent or Real Estate Fees

You can rent or lease space for around $2,500 to $8,000. 

Security Deposit Fees

To rent or lease space, you will need to pay a security deposit. This is typically one to three months worth of rent and varies. The deposit typically ranges between $2,500 to $8,000.

Leasehold Improvements

For leasehold improvements, you can expect to pay between $97,500 and $200,000.

Fixtures, Furniture, Equipment and Signage

The fixtures, furniture, equipment, and signage are a necessary expense and will vary by location, but you can expect it to cost between $95,500 and $166,000. 

Architect Costs

Hiring an architect to help you with your franchise will typically cost between $5,000 and $10,000.

Office Equipment Costs

The cost for office equipment is typically around $1,100, but can vary depending on the exact supplies you purchase and need. 

Utility Deposits

The deposits for your utilities will typically range between $1,000 and $2,000. 

Opening Supplies and Inventory

Before you can open, you will need to purchase the necessary supplies and inventory to operate your franchise. The costs for these opening expenses are usually around $6,000.

Grand Opening Event

You need to hold a grand opening party to get recognition to your new franchise. The grand opening event may cost you between $3,000 and $5,000. 

Training Expenses

Before you can start your franchise, you need to complete the necessary training. The cost for training is typically $6,000 to $15,000 for up to 3 people. 

Insurance Costs

Another necessary expense is insurance. The insurance for your franchise will typically range between $11,500 and $15,000.

Miscellaneous Expenses

There are miscellaneous expenses that you will need to cover, and these typically range between $2,000 and $10,000.

Additional Funds

In the event of an unexpected event or expense, it is best to have $50,000 to $75,000 in additional funds to cover it. 

And the total cost is...

$313,600 to $556,100! This is the estimated total cost to start a Jimmy John’s franchise. You can contact Jimmy John's for a more detailed and accurate estimate.

If you want to start a Jimmy John's franchise, the next step will be to learn about your funding options. We talk about the different financing opportunities available here or just click the green button below.