How Much Is Jimmy John S Worth According to Celebrity Net Worth after first opening his sandwich chain in 1983 with just a 25 000 loan from his father Jimmy John Liautaud is now worth 2 billion While Forbes lists his worth as 1 7 billion in a profile that seems not to have been updated to reflect the latest selling of Jimmy John s the difference does not stop him from
Founder and chairman of Jimmy John s sandwich chain In October 2018 Net Worth in 2024 2 Billion Last Updated January 2024 Jimmy John Liautaud is the chairman and also the founder of Jimmy John s sandwich chain He also owns the majority shares in this company He has been able to steer his restaurant business to generate very high The sale valued Jimmy John s at 3 billion according to Forbes Liautaud initially held on to 35 of the company but he sold his remaining stake to Roark in October 2019 Forbes reported The
How Much Is Jimmy John S Worth
How Much Is Jimmy John S Worth
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When A Billionaire Needs A Boss: The Story Of The Jimmy John's Sandwich Empire
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Jimmy John Liautaud - Wikipedia
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Whatever the case Jimmy John s requires you to have 200 000 of ready cash and a net worth of 1 million First Jimmy John s extracts an upfront franchise fee of 30 000 to 35 000 Then converting the location from whatever it was before into a Jimmy John s will cost anywhere from 97 500 to 200 000 according to Jimmy John s Franchising Jimmy John Liautaud is an American restauranteur who has a net worth of 2 billion Jimmy John Liautaud is best known for founding the sandwich chain Jimmy John s After launching the business in
The total investment necessary to open a Jimmy John s franchise restaurant is 515 000 including the initial franchise fee of 35 000 Of course this amount is an average It varies depending on various factors like the format of your restaurant its location its size etc As the latest FDD shows the investment cost ranges from 356 200 Area managers and store managers on the other hand are both paid based on a full time salary per year scale and make 41 159 and 45 017 respectively And while these pay rates may seem amazing to some after comparing them to the net worth that Jimmy John s CEO Paul J Brown has amassed you may have new goals in mind
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When A Billionaire Needs A Boss: The Story Of The Jimmy John's Sandwich Empire
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Jimmy Johns Catering Menu and Prices » Recipefairy.com
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Jimmy John's new Giant sandwiches pack in the calories and offer value
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Key Takeaways Jimmy John Liautaud has an estimated net worth of 2 billion Jimmy John s has over 2 800 locations with 98 of them being franchise owned Roark Capital acquired a majority stake in Jimmy John s in 2016 valuing the company at 2 3 billion Inspire Brands later acquired 100 of Jimmy John s in an all stock deal Early History of Jimmy John s Jimmy John s history goes back to 1983 when all Liautaud had was a dream of business ownership and a 25 000 loan from his father that came with an ultimatum If the business wasn t successful after a year he had to join the military However if the business did succeed Liautaud s father would own 48
Over 5 Million Net Sales Estimated Selling Price Net Sales 0 86 When you go to sell a Jimmy Johns franchise based on the median multiple of 34 and net sales averaging between 2020 and 2021 of 802 143 it would sell for 272 728 This is significantly lower than the midpoint investment of 513 650 Numerous world famous wrestlers have gotten their break thanks to McMahon including The Rock and Hulk Hogan and McMahon is also famous for his friendship with Donald Trump former President of the United States As of January 2024 Vince McMahon s net worth is estimated to be 1 6 Billion 1
Jimmy Johns Unwich - Ditch the Carbs!- Pip and Ebby
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Inspire completes purchase of Jimmy John's | Nation's Restaurant News
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How Much Is Jimmy John S Worth - Take a look at some numbers Your total initial investment will range somewhere between 356 200 and 674 200 Additionally we require investors to have a minimum net worth of 1M and liquidity of 200K