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Franchise Deep Dive: Jimmy’s Egg Franchise Costs, Fees, Profit and Data
The breakfast and lunch concept, Jimmy's Egg, has grown into a franchise network of more than 50 units since its inception more than 30 years ago.
LAST UPDATED: 2/2024
FRANCHISE WEBSITE: https://www.jimmysegg.com/become-a-franchisee/
NUMBER OF LOCATIONS: 60+
REPORTED COST TO GET IN: $481,300 to $572,000
Jimmy’s Egg is a breakfast-and-lunch concept with more than 30 years in the restaurant industry. Jimmy’s Egg was founded in Oklahoma City in 1980 by Loc Le, a Vietnamese refugee who came to America in 1975 seeking asylum.
The brand is open daily from 6:00 a.m. to 2:00 p.m. According to the brand website, their goal is to make all of its entrees fresh every day using only quality ingredients and to treat every customer like they’re a guest in their home. Jimmy’s Egg has won 30 Best Breakfast awards. It’s operated under parent company Quail Springs Culinary.
How Many Jimmy’s Egg Locations Are There?
Jimmy’s Egg has grown to a franchise network with more than 60 locations.
What Is the Jimmy’s Egg Business Model?
Jimmy’s Egg prides itself on its unique business model. The brand has strong unit-level economics and lower investment costs compared to other breakfast concepts. Most of their restaurants are typically between 3,000 to 3,400 square feet end cap spaces or are free-standing conversions of former fast food restaurants. Because of this, Jimmy’s Egg says they don’t have a heavy investment model like other traditional breakfast restaurants with large standalone buildings. They say this gives them a flexible model that allows them to relocate over time as needed.
According to the Jimmy’s Egg website, the brand also prides itself on always serving “delicious, home-cooked meals that have won multiple awards.” Their welcoming, friendly atmosphere plus the food is enough to create return customers.
The brand claims almost everyone on the Jimmy’s Egg management team started out working in entry-level restaurant positions. Because of this, they say they understand restaurants and know how to leverage success in the industry.
The brand offers a comprehensive training program to prepare franchisees in all facets of restaurant operations and ownership. They provide all franchisees with in-store training and ongoing support, specifically tailored to each store to boost brand awareness. Their franchise development is also available to assist with real estate selection, site evaluation and restaurant design.
How Much Can Jimmy’s Egg Franchise Owners Make?
Jimmy’s Egg has not disclosed its franchisee’s financial performances.
How Much Does It Cost to Open a Jimmy’s Egg?
The initial investment required to begin the operation of a Jimmy’s Egg location can range from $627,800 to $978,000. There is also a net worth requirement of $1.5 million and a liquid asset requirement of at least $500,000.
Ongoing Costs and Fees include:
- Royalty Fee: 4% of gross receipts
- Area Development Fee: When an Area Development Agreement is signed, the franchisee will pay the initial store franchise fee for the franchisee’s first restaurant. Then, a $5,000 per store area development fee is paid at the time the Area Development Agreement is signed.
What Is the Franchise Fee for Jimmy’s Egg?
The initial franchise fee to open your own Jimmy’s Egg location is $25,000.
Who Is the Leadership of Jimmy’s Egg?
What Helpful Articles Can I Read to Learn More About Jimmy’s Egg?
Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our Power Rankings to read more on brands making moves.
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Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit www.1851growthclub.com and start your journey.
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