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What does Jimmy John Liautaud own?
He also owns thousands of acres of farmland in Central Illinois. Liautaud also owns a superyacht named ROCK.IT, a 198-foot ship built with his input by Feadship in 2014.
How much does it cost to buy a Jimmy Johns franchise?
To own a Jimmy John’s Restaurant, your looking at a total investment of $313,600 to $556,100, depending on the size and location and includes initial real estate lease costs and a franchise fee of $35,000. In actuality, candidates will need $200,000 in either cash, marketable securities, stocks, etc.
Who founded Jimmy Johns?
Jimmy John LiautaudJimmy John’s / Founder
What’s better Jimmy Johns or Subway?
By offering turkey wraps, salads, and soups they pull ahead of Jimmy John’s. “Subway has a more welcoming environment for teens while Jimmy John’s attracts adults more often. Both places have the same variety of sandwiches, but Jimmy John’s has better quality sandwiches.”
Does Jimmy John’s make their own chips?
Jimmy John’s also manufactures its own Potato Chips to serve with its sandwiches.
How much is it to open a Jimmy John’s franchise?
How did Jimmy Liautaud start his business?
After Jimmy John Liautaud graduated second to last in his class at Elgin Academy in 1982, his father gave him a choice to either join the military or start a business. Liautaud chose the latter and his father lent him $25,000 to start a hot dog business, with the son owning 52% of the business and his father owning 48%.
Is Jimmy John Liautaud a member of the Horatio Alger Association?
^ Pressey, Debra (15 December 2017). “Jimmy John Liautaud part of Horatio Alger Association’s Class of 2018”. The News-Gazette (Champaign-Urbana).
How many Jimmy John’s stores did John Liautaud own?
In 1994 he sold his first Jimmy John’s franchise, in addition to the 10 stores owned by Liautaud himself. By 2002, the company had about 200 stores, 10% of which were corporate stores that Liautaud oversaw himself. Sales at the stores managed by Liautaud were outpacing the franchised stores by a wide margin.
What did Richard Liautaud do for Champaign County?
In 2011, Liautaud and his wife pledged $1 million toward the construction of the new Champaign County YMCA. In July 2014, Liautaud donated $1 million to the Folds of Honor Foundation, an organization that supports the spouses and children of America’s fallen and disabled service-members.