FDD Talk: Statement of Income and Cash Flows for Jimmy John’s Affiliate-Owned Restaurants (2012 FDD)

Highlights of Jimmy John’s Item 19 Financial Performance Representations (2012 FDD) – Part 2

• This section relates to the actual and/or adjusted operating financial results of two sample affiliate-owned and operated Jimmy John’s restaurants.  While theses specific restaurant figures have not been audited, they are included in total company-owned restaurant figures which are subjected to audit procedures at a consolidated level.

• The following presentation is intended to assist you in understanding the expense and cash flow experience from the operation of a Jimmy John’s restaurant with above average gross sales.

• The cash flows shown in the statements are before:  draws for the owner, management bonuses, financing cost, amortization and depreciation, income taxes, charitable donations, travel, shipping, administrative salaries, and expenses related to unit option plans.

• The actual gross sales volumes of a Jimmy John’s restaurant vary widely. The company’s experience indicates that there are numerous factors affecting the sales of a particular Jimmy John’s restaurant, including:  traffic count; accessibility and visibility of a site; the local marketplace and competition; general economic conditions; the franchisee’s management skill, experience, business acumen, and ability to promote and market Jimmy John’s restaurants effectively in the local market; and the degree of adherence to the franchisor’s methods and procedures in operating the restaurant.

• As with gross sales, the actual costs of operating a Jimmy John’s restaurant vary on a unit-by-unit basis. While the chief operating costs, for example, cost of goods sold, labor costs (employee wages, workers’ compensation, and insurance) and leasehold expenses, should operate within certain ranges, even these factors can vary depending upon the specific market and location.

Statement of Income and Cash Flows – Restaurant 1

• Restaurant 1, located in Illinois, has been operating continuously since opening in 1987.

• It is the third highest-grossing restaurant of all the affiliate-owned and operated restaurants.

• It is roughly 1,000 square feet in size and is in a strip mall on a college campus.

• As of January 3, 2012, there were 6 other Jimmy John’s restaurants in Illinois; two of these reported higher annual gross sales than Restaurant 1 for the 2011 Fiscal Year.

💼Corporate Executives: Your Management Experience Is Your Greatest Franchise Asset

Whether navigating a career transition or planning your next chapter, franchise ownership gives you a proven system to put decades of management experience to work for yourself. Severance packages, 401k rollovers, and SBA loans make funding more accessible than most executives realize. Enter your ZIP code to explore franchise opportunities still available in your area and find out which brands are actively seeking experienced business leaders like you.

The Best of Franchise Chatter

🥇The Most Profitable Franchises of 2026

🥈Franchises Ranked by Average Revenues

🥉Franchises Ranked by Average Profits

🏆Franchise Winners, Survivors & Losers

Subscribe Now or Log In

🎖️Military Veterans: Your Service Prepared You for Franchise Ownership Better Than You Think

Franchisors actively seek out veterans because the discipline, leadership, and ability to follow a proven system that the military instills are exactly the qualities that make franchise owners successful. Through the VetFran program, many leading brands offer significant incentives including reduced franchise fees and special financing. Enter your ZIP code to explore franchise opportunities still available in your area and find out which brands are actively looking for veterans like you.







Franchise Chatter is reader-supported. We may receive a commission for leads generated from affiliate links and banners on our site.