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I opened my very first sandwich shop in 1983 and now we have more than 2,800 stores in 43 states. The restaurant business is difficult, however I discovered I was excellent at something for the very first time ever, and I loved it. 18-hour work days, no days off, no holidays, and little household time this service isn't for everybody.


I never ever wrote a business plan and never ever expected my service to grow like it did. Here's one piece of suggestions: outwork your competitors. Come in an hour early, remain an hour later than the rest, and deal with Saturday. I ensure you someone will notice. Jimmy John Liautaud. I've worked hard, built wealth, and won some awards along the way, and that's all excellent, but I see my biggest achievements in life as my marital relationship to my gorgeous and wise wife, Leslie, and raising our 3 lovely children who have actually turned into amazing grownups.


Thanks for visiting my website and I hope you grab a nugget or 2 that you can utilize in your own life. God Bless my family, my group, and God Bless America!.


Jimmy John's Founder Jimmy John Liautaud Jimmy John Liautaud is the creator of Jimmy John's Gourmet Sandwiches. He led the business for 36 years and turned it into one of the fastest growing chains in the country, with over 2,800 areas. Jimmy was born in Arlington Heights, IL in 1964, and was the second of four children to James and Gina Liautaud.

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By the time Jimmy was a teen, his daddy's business had actually started succeeding. Although his household made it through the difficult times, Jimmy dealt with a brand-new round of challenges at Elgin Academy High School. Having a hard time to fit in with his classmates, he started avoiding classes and rebelling. In 1982, Jimmy graduated 2nd to last in his class and his papa understood something needed to alter.


He wanted Jimmy to employ, however Jimmy wanted to begin his own company. So, they negotiated. His papa would provide Jimmy a $25,000 loan to begin a business and if it wasn't lucrative in the very first year, Jimmy would get. Jimmy quickly got to work on his menu and by the end of summer, he had actually learned to bake bread and had four sandwiches that were family approved. Jimmy John.


The area was ideal! He could serve students throughout the day and he might serve the late-night crowds. Jimmy ended up being a hands-on operator, making individual connections with regular browse around here consumers, remembering their names and preferred Jimmy John's sandwich orders. Working 24/7/365 paid off! In his very first year, he made a $40,000 earnings, all of which he divided with his daddy.




By 1994, Jimmy John's had grown to 10 places and after receiving assistance from Pizza Hut franchisee, Jamie Coulter, Jimmy decided to offer his first Jimmy John's franchise. By 2002, the sandwich chain had 160 locations but nearly half of them were struggling. Jimmy and Jimmy John's President at the time James North, set out for 18 months to work one-on-one with franchisees and their groups, and showed them the Jimmy John's method.

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When they got home, Jimmy reset expectations for existing Jimmy John's franchisees and raised the requirements under which future franchisees would be authorized. Making it through the tough times made Jimmy John's a stronger and more successful brand. Growth started to skyrocket. In 2007, the 500th Jimmy John's opened, in 2010 its 1,000 th, and its More Help 2,000 th in the fall of 2014.


In October 2019, Jimmy John's was acquired by Inspire Brands, a multi-brand dining establishment company whose current portfolio consists of more than 11,200 Arby's, Buffalo Wild Wings, SONIC Drive-In, Rusty Taco, and Jimmy John's places worldwide. Today, Jimmy John's has more than 2,800 areas across the United States. In 2016, Jimmy John's was # 1 on Entrepreneurs Franchise 500 list.


Jimmy John Liautaud established his eponymous sandwich chain at age 19 with a $25,000 loan from his daddy. Liautaud went from spending late nights providing subs to university student from a converted garage to operating 2,800 Jimmy John's areas before offering business in October. Liautaud spent his $ 1. Jimmy John Owner. 7 billion fortune on a 50 piece automobile collection that consists of a $2.


Liautaud's better half donated $100,000 to President Trump's 2020 campaign, and the billionaire himself is a part of among the Check This Out White House's advisory groups on its financial action to the coronavirus.Visit Company Insider's homepage for more stories. Jimmy John Liautaud has actually developed a billion-dollar fortune selling sandwiches. Because opening his first restaurant at age 19, Liautaud has grown his eponymous sandwich store into a sub empire with over 2,000 places. W ednesday is tasting day at Jimmy John's head office, and creator Jimmy John Liautaud is the taster-in-chief. He struts into the test kitchen, worn an untucked t-shirt and denims, ready to examine the food: ten sort of sandwiches, six kinds of deli meats, potato chips and cookies. Up first is the bread. It passes the smell test. He takes a bite and chews the bread into a paste, then spits it into the trash." I do not desire all these calories," he says." Take a look at meI strive and I'm currently 300 pounds." The baguette passes the trial run too, and Liautaud moves on to a possible new white chocolate chip for his cookies. Liautaud, 54, opened his first Jimmy John's sandwich store 35 years back. Today the business has over$ 2 billion in sales from 2,802 places, but he no longer runs the show: Jimmy John's has actually outgrown Jimmy John Liautaud. Now he answers to Roark Capital, a private equity firm based in Atlanta that purchased the bulk of business in 2016 in a deal that valued the chain at approximately $3 billion.