Jimmy John Liautaud, founder of Jimmy John's, breaks down the historical unit economics of his franchise locations during the company's growth era.
Assertion Not checkable as stated
Liautaud: 100% of Political Attacks Originated From Democratic-Aligned Groups
“I learned that every attack and every, every single one came from democratic supported parties, different, different, different, different groups. But it was a hundred percent. Liberal and Democrat people, Soros type stuff.”
Assertion Not checkable as stated
Liautaud Claims IRS Audits Began After Supporting Mitt Romney in 2012
“The IRS audit started to happen at that time.”
Assertion Supported
Liautaud: Chick-fil-A managers make upwards of $500,000 per year
“Chick-fil-A managers make upwards of 500,000 dollars a year.”
Opinion
Liautaud: Sandwiches cost four or five dollars, not twelve
“And I mean, sandwiches don't cost 12 dollars. I mean, sandwiches are four or five bucks. They're not 12 bucks. And eggs don't cost eight bucks. I mean, they just don't cost that much.”
Assertion Not checkable as stated
Liautaud Used a Written Test to Screen Applicants for Stealing
“I had a written test. That would, that was a that you would fill out, and I would grade the test, and if they scored a certain way, it said the chances of this person stealing from you know, is pretty good or not, and it was like a Myers-Briggs, but it was for…”
Disclosure
Liautaud: Jimmy John's managers made $80K-$120K with 25% profit share
“We paid the managers a base pay of like, 36 to 42 grand base pay salary, depending on where they were, and we gave them 25% of the profit of the store, so the managers made a lot of money, and they made 80 to 120,000 bucks a year”