Skip to main content
✦Prime Rate:7.00%✦Fed Funds:3.75%✦5 Yr Treasury:5.00%↓✦10 Yr Treasury:5.21%↓✦30 Yr Treasury:5.56%↓✦30 Yr Mortgage:7.40%·Updated Oct 13, 2026✦Prime Rate:7.00%✦Fed Funds:3.75%✦5 Yr Treasury:5.00%↓✦10 Yr Treasury:5.21%↓✦30 Yr Treasury:5.56%↓✦30 Yr Mortgage:7.40%·Updated Oct 13, 2026
Rates
Jimmy John's

Jimmy John's

The total investment to open a Jimmy John's franchise ranges from $25,000 to $366,200. The initial franchise fee is $35,000. Ongoing royalties are 6% plus a 4.5% advertising fee.

What is the Jimmy John's franchise?

Jimmy John's began in January 1983, when Jimmy John Liautaud opened a sandwich shop in a converted two car garage in Charleston, Illinois. He used a $25,000 loan from his father after moving away from a hot dog stand concept because the equipment was too expensive. Liautaud bought his father's 48% interest by May 1986 and became the sole owner. Franchising began in 1993 with the first franchise in Eau Claire, Wisconsin. The system grew past 200 locations by 2002, exceeded 1,000 locations in the early 2010s, and opened its 2000th store in the fall of 2014. As of March 2026, Jimmy John's had more than 2,800 global locations. Its 2025 report listed 2,689 total units, including 2,647 franchised owned units and 42 company owned units, across 44 U.S. states plus Washington D.C. The Midwest accounted for 1,227 franchised units. The headquarters are now in Atlanta, Georgia. Inspire Brands acquired Jimmy John's in October 2019, placing it within a larger restaurant company. The brand operates in the Limited Service Restaurants category, where customers generally seek quick, convenient meals. Sandwiches also benefit from demand for speed and freshness, making the concept relevant to prospective franchise buyers. This overview uses the available information to help buyers assess the Jimmy John's franchise opportunity and its investment requirements.

Limited Service Restaurants serve customers who value convenience, speed, and price. Demand comes from busy professionals and families seeking prepared meals with less time spent cooking. Digital ordering platforms, mobile applications, and third party delivery services have expanded access to these concepts. Sandwiches can appeal to a broad customer base because of their flexibility and perceived health advantages compared with some other fast food choices. Urbanization can concentrate customers in densely populated areas, while digital food service tools can improve ordering and operating efficiency. The sandwich market remains fragmented, with regional and national competitors seeking customer loyalty. Brands that offer clear value, consistent products, and fast service can compete effectively. Jimmy John's has broad brand recognition and an established operating system, with locations in the United States and internationally. The category may appeal to franchise buyers because demand is relatively stable, the customer base is broad, and sales can be high volume when the operation delivers consistent food and quick service.

The initial Jimmy John's franchise fee is $35,000. Total estimated investment ranges from $366,200 to $728,200. The amount depends on real estate costs, whether the site is leased or purchased, the location's format and size, new construction compared with conversion of an existing commercial space, local construction and permitting costs, and opening inventory. Applicants must meet a Net Worth requirement of $1.00M. The franchise agreement has a 5 year term. The available information does not separately identify technology or additional marketing fees, and it does not expressly state SBA eligibility. Inspire Brands is the parent company, and it was acquired by Roark Capital Group. That ownership provides corporate support within a multi brand restaurant company, but PeerSense is not a lender and does not approve financing.

Daily operations center on Jimmy John's “Freaky Fast” service promise. Franchisees manage fresh inventory, prepare ingredients each day, assemble sandwiches consistently, and fulfill orders for customers in the store and through delivery. The model calls for trained employees who can work quickly and accurately. Specific staffing numbers are not provided, although the limited service format generally uses management personnel and part time staff during busy periods. Jimmy John's primarily uses inline stores, while its original garage location shows that the brand has used different types of real estate. New franchisees receive training in food preparation, safety, inventory, marketing, and basic financial management. Ongoing support generally includes field consultant guidance, point of sale and inventory technology, and national and local marketing supported by the 4.5% advertising fee. The system's more than 2,800 global locations by March 2026 indicate an organized territory structure, although the available information does not provide specific exclusivity terms. Foodtastic plans to open 200 locations in Canada within the next decade, offering a potential path for multi unit expansion. An owner operator approach may be encouraged for a first location, while experienced multi unit operators with strong managers may be able to use a more absentee structure.

Jimmy John's presence across 44 U.S. states and internationally, along with its “Freaky Fast” model, may support performance in line with the higher end of those benchmarks for well performing locations, but the available data does not establish actual Jimmy John's unit results. The brand opened its first franchise in 1993, passed 200 locations by 2002, exceeded 1,000 in the early 2010s, and reached more than 2,600 locations nationwide by January 2026. Its 2025 total was 2,689 units, including 2,647 franchised units. Inspire Brands acquired Jimmy John's in October 2019. Inspire Brands is led by Co Founder and CEO Paul J. Brown. The required investment of $366,200 to $728,200 and Net Worth requirement of $1.00M represent substantial financial commitments, so buyers should assess unit economics using verified information rather than assuming a return.

Jimmy John's expanded from one store in 1983 to a franchising program in 1993, more than 200 locations by 2002, over 1,000 stores in the early 2010s, and its 2000th unit in the fall of 2014. By January 2026, it had more than 2,600 locations nationwide. The 2025 report listed 2,689 units, consisting of 2,647 franchised owned units and 42 company owned units. By March 2026, the network exceeded 2,800 global locations. Inspire Brands acquired the company in October 2019. On March 9, 2026, Darin Dugan became Jimmy John's Brand President after serving as Chief Marketing Officer for six years. He became the third person to lead the brand since its founding. James North, who served as President and CEO for 25 years, moved into the role of Jimmy John's Global Brand Ambassador.

Loan Activity Score

58/100

SBA Default Rate

4.3%

Active Lenders

232

Franchisees account for 2,647 of Jimmy John's's 2,689 locations. Public SBA loan records show 232 lenders made 1,071 loans to franchisees of Jimmy John's. PeerSense calculates Jimmy John's's score as 58 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.

Franchising since 1983 · 2,689 locations

Investment

$25,000 to $366,200

Franchise Fee

$35,000

Total Units

2,689

2,647 franchised

Loan Activity Score
Very high
58
SBA Lending
25
Lender Quality
11
Transparency
9
Reach
10
Momentum
3

Proprietary PeerSense metric

Moderate
Capital Sources
232SBA lenders

Distinct lenders in public SBA records for Jimmy John's

1,071

Total SBA loans

$433K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Jimmy John's

Loan Activity Score Breakdown

Major Brand (100+ loans)

Very High Confidence
58out of 100
Moderate
Market Momentum3/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence11/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency9/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint10/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

4.3%

vs 10.3% peer avg

SBA Loans

1,071

Total Volume

$464.0M

Active Lenders

232

32 selective

States

43

vs. SBA Sector Average

+6%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (4.3%)
Item 19 financial data disclosed
2,689 locations nationwide

Data Insights

Key performance metrics for Jimmy John's based on SBA lending data

SBA Default Rate

4.3%

6.0% below peer avg

SBA Loan Volume

1,071 loans

Across 232 lenders

Lender Diversity

232 lenders

Avg 4.6 loans per lender

Investment Tier

Mid range investment

$25,000 to $366,200 total

Jimmy John's: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2015

127 approvals. The best year on record for Jimmy John's.

Top SBA State

Illinois

92 SBA financed Jimmy John's locations, the densest operator footprint.

Average Loan Size

$433K

Median $358K. Use as a sizing anchor when modeling your own Jimmy John's unit.

Lender Concentration

24.6%

Moderately Spread

Share of Jimmy John's approvals captured by the top 3 SBA lenders.

Jimmy John's's SBA lending pipeline peaked in 2015 (127 approvals). The last five fiscal years account for 12% of cumulative volume ($107M approved). Operator density is highest in Illinois with 92 SBA financed locations. Average funded ticket sits at $433K, with the median at $358K. Lender mix is moderately spread: the top three SBA lenders account for 24.6% of approvals. Borrowers have leverage to shop multiple credit boxes.

Payment Estimator

Loan Amount$20K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$259

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Jimmy John's, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

Explore Funding for Jimmy John's

Our business financing consultants help connect you with the right lending partners. Referral fee paid at closing.

Optional: checking the consent box lets us call or text you about your funding. You can still submit without it.

Referral fee at closing

Or get an instant analysis

Scan Your Deal Instantly

2 FDDs Available for Jimmy John's

Review franchise fees, investment ranges, royalties, Item 19 financial data, and year over year trends. Request complimentary access through your PeerSense funding advisor.

Jimmy John's

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman