Jimmy John's Gourmet Sandwich Shops vs Milio's Sandwiches Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jimmy John's Gourmet Sandwich Shops vs Milio's Sandwiches including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$313,600 - $556,100 | $180,000 - $500,000 |
| Franchise Fee |
$35,000 | $30,000 |
| Royalty Fee |
6% | 6% |
| Advertising Fee |
4.5% | 3.5% |
| Year Founded |
1983 | 1989 |
| Year Franchised |
1993 | 2005 |
| Term Of Agreement |
10 years | - |
| Term Of Agreement |
10 years | - |
| Renewal Fee |
$2.5K | - |
Business Experience Requirements |
| Experience |
General business experience | We're looking for outgoing, results-oriented franchise candidates with strong track record of business success; people that can build relationships, lead teams, and have the motivation to excel! Food industry experience a plus.
*Liquid Capital Required: $100,000
*Net Worth Required: $150,000 |
Financing Options |
| |
In-House/3rd Party | In-House/3rd Party |
| Franchise Fees |
No/Yes | -/- |
| Start-up Costs |
No/Yes | -/- |
| Equipment |
No/Yes | -/- |
| Inventory |
No/Yes | -/- |
| Receivables |
No/No | -/- |
| Payroll |
No/No | -/- |
Training & Support |
| Training |
- | - |
| Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
| Marketing |
Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
- | - |
Expansion Plans |
| US Expansion |
- | Yes |
| Canada Expansion |
No | - |
| International Expansion |
No | - |
Company Overviews
About Jimmy John's Gourmet Sandwich Shops
James J. Liautaud established Jimmy John's in Charleston, Illinois, in 1983 when he was 19 years of age. With utilized hardware, a cooler, one meat slicer, a cooler and a stove, Jimmy John Liautaud began his business without even a posted menu or an open air sign. At the time, he offered four sandwich assortments and 25-penny sodas. In the wake of going out sandwich tests all through the school town, Liautuad included conveyance benefit, tables, open air signs, menu sheets and an extended menu. He opened a few more stores and built up a model before diversifying started in 1993. Jimmy John's franchisees prepare bread at every store each day, and each sandwich is made new to arrange in 30 seconds.
Watching your calories? Try our 'Unwich' A sandwich with lettuce for a wrapping, not bread !!
The total investment necessary to begin operation of a Jimmy John's
Restaurant is $313,600 to $556,100 (including initial real estate lease
costs).
This includes $30,000 to $37,000 that must be paid to the
franchisor or affiliate.
If you want development rights (for a minimum
of 3 Restaurants), you must pay the franchisor a development fee equal
to $35,000 (the initial franchise fee for the first Restaurant), plus
the $30,000 initial franchise fee due under each additional Franchise
Agreement you sign when you sign the Development Rights Rider, plus a
deposit of $10,000 for each additional Restaurant you agree to develop
but for which you do not sign a Franchise Agreement when you sign the
Development Rights Rider.
#23 in Franchise 500 for 2020.
#72 in Franchise 500 for 2021.
About Milio's Sandwiches
We're Hot! It might be cold-cuts, but our industry is hot. Sandwiches are the fastest growing category, with sales of quick serve restaurants specializing in sandwiches reaching over $10 billion. The average American eats 193 sandwiches per year and visits a franchise sandwich store an average of 2.5 times per week.
What makes the typical Milio's franchise so terrific? The secret's in the sub! We start with the highest quality meats and cheeses. Add onions, lettuce and tomatoes. Even our bread is baked fresh daily, right in each store. It's simple for customers to order from Milio's. A streamlined system keeps store operations simple for our team members. Our franchise program simplifies business ownership for qualified, motivated individuals. We are currently looking for new franchisees throughout Minnesota, Wisconsin, Iowa, Illinois and Nebraska; fulfill your dream of owning your own business with this tremendous franchise opportunity.
Here's what makes Milio's Sandwiches a great opportunity for you:
*Tremendous locations available
*Sandwich segment in a state of explosive growth
*Consumers eat sandwiches 2.5 times a week
*Turnkey operations
*Training and support from experts
*Proven systems
Training & Support: The systems, training and support to get you going...and keep you growing.
The Milio's franchise program gives you the tools, instruction and guidance to be able to open a location of your own and to continue to strengthen business in the years to come.
Here's what you'll receive:
*Use of the Milio's name and logo.
*Assistance in site selection, restaurant design and initial recruitment.
*Training in management, marketing, food preparation and customer service.
*Ongoing operational and promotional support and consultation.
*Ongoing development of new menu items, vendor sourcing and operational techniques.
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