Investment Requirements
The following costs are excerpted from Jimmy’s Egg Franchise Disclosure Document. These estimates of the investment levels may vary from your your actual experience differ due to geographic location, varying store sizes, build out costs and expenses.
Investment
Average unit investment range is $230,200 - $744,500
Initial Franchise fee is $20,000 per unit
Initial 10 year term; 4 & 5 year options available (*)
Royalty fee is 4% commencing 31 days after restaurant opening
Local marketing commitment starts at 0.5%
National marketing fee is 0.5%
Single and multi-unit opportunities available
Minimum Financial Qualifications
Adequate capitalization is an important element to the success for your Jimmy’s Egg franchise. You must be able to demonstrate an adequate net worth and liquidity to facilitate the development of the number of restaurants you are committing to developing. Typically, the development of a single unit requires a minimum net worth of $500k and liquidity of $150k.
Operational Capabilities
Restaurant experience or identification of an operator with full service restaurant experience
Management experience
Business acumen
Estimated Startup Costs
| LOW | HIGH | |
| Initial franchise fee | $20,000 | $20,000 |
| Training expenses | $7,500 | $10,000 |
| Construction and remodeling | $49,700 | $450,000 |
| Signage | $2,000 | $15,000 |
| Equipment, fixtures, and furnishings | $110,000 | $160,000 |
| Inventory | $5,000 | $10,000< |
| Utility deposits and fees | $1,000 | $4,000 |
| Business licenses | $500 | $1,500 |
| Wages for employees | $6,000 | $12,000 |
| Insurance | $1,500 | $3,000 |
| Uniforms | $1,000 | $1,000 |
| Opening advertising | $3,000 | $3,000 |
| Additional funds (initial 3 months) | $20,000 | $50,000 |
| Other | $3,000 | $5,000 |
| TOTAL | $230,200 | $744,500 |
These are estimates only and exclude real property cost, area development deposits and applicaiton fees if applicable. The actual costs that you may experience will depend on a significant number of factors, including the area you develop in, the type and size of the location, etc. Please see Item 7 "Estimated Initial Investment" of Jimmy's Egg Franchise Systems, LLC Franchise Disclosure Document (FDD) for additional information.
(*) Special Terms and Conditions Apply
