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Jimmy John’s History
Jimmy John’s is a sandwich restaurant chain founded by Jimmy John Liautaud in 1983. The first store was opened in a converted garage in Charleston, Illinois. Since then, the chain has grown to over 2,800 locations in 43 states.
Jimmy John Liautaud grew up in a small town in Illinois with a population of only 400 people. He attended Elgin Academy, a prep school in Elgin, Illinois, but dropped out at the age of 17 due to poor grades. He then worked for his father’s hot dog stand in South Carolina, where he developed the skills needed to open his own business.
In 1983, Jimmy John Liautaud opened the first Jimmy John’s restaurant in a converted garage in Charleston, Illinois. He chose the location because it was close to Eastern Illinois University and he thought it would be a great place to target hungry college students.
Initially, the restaurant served only six different types of sandwiches, but it quickly grew in popularity. Jimmy John Liautaud eventually opened other locations in Illinois and then expanded to other states.
In 1993, Jimmy John Liautaud sold a majority share of the company to an investment group, but he still retained ownership and was involved in the daily operations of the business. The chain continued to expand, and by the end of the decade, Jimmy John’s had over 500 locations in 33 states.
In the early 2000s, Jimmy John Liautaud began to focus on franchising and opened more franchised locations. He also made a push to open locations in airports and college campuses. By 2006, the chain had over 1,000 locations in 43 states.
Today, Jimmy John’s is one of the most successful sandwich chains in the United States. It has locations in 43 states, and continues to grow and expand. It is also known for its speedy delivery service, which has helped the chain to gain a loyal customer base.
Jimmy John Liautaud has also become a successful entrepreneur. He has been featured in Forbes and was even named one of the most successful entrepreneurs under 40. He is now worth an estimated $2.3 billion and continues to be an important figure in the sandwich industry.