Liautaud: Jimmy John's managers made $80K-$120K with 25% profit share
Jimmy John Liautaud · Turning $25K Into $3 Billion: The Hard Truths Of Jimmy John's Success · Joe Lonsdale · Oct 3, 2024 · at 6:06
Jimmy John Liautaud describes the compensation model and profit-sharing incentive structure used for Jimmy John's restaurant managers.
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“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”
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