Jason's Deli logo

Jason's Deli Franchise

Audited Financials
Food and BeverageEst. 1983Beaumont, TX
www.jasonsdeli.com

Risk Score

Pending analysis

Investment Range

$1,719,655.82 - $2,529,255.82

Franchise Fee

$17,500

Min Cash Required

$20,000

Total US Locations

236

Business Summary

Jason's Deli operates restaurants that are a modified New York-style delicatessen. These restaurants offer a wide variety of deli products, including sandwiches, soups, baked potatoes, pasta dishes, wraps, and a salad bar. Jason's Deli also provides catering and delivery services to its customers.

Corporate History

Deli Management, Inc. was incorporated in Texas on October 3, 1983. However, the first Jason's Deli restaurant was opened earlier, on November 30, 1976, in Beaumont, Texas, under the Jason's Deli Corporation. In 1983, Deli Management, Inc. acquired the trademark rights and other assets associated with the franchise and licensed Jason's Deli Corporation to use the mark. In January 1989, Deli Management, Inc. acquired the operating assets of business entities licensed to operate five Jason's Delis, including Jason's Deli Corporation, and began operating these as company-owned locations. Deli Management, Inc. has not offered franchises in any other line of business and also operates an inventory and small wares distribution division called Jason's Deli Distribution.

Financial Overview

Investment Range

$1,719,655.82 - $2,529,255.82

Franchise Fee (Low)

$17,500

Franchise Fee (High)

$35,000

Minimum Cash Required

$20,000

Royalty %

4%

Equipment Costs (Low)

$1,410,000

Equipment Costs (High)

$2,060,000

Working Capital

$27,500

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Jason's Deli's financial condition raises questions about its ability to provide services and support to franchisees, as explicitly stated in the FDD's Special Risks section. The company has a negative equity, reporting a total deficit of $13,529,209 as of December 31, 2024, and $24,359,212 as of December 31, 2023. This financial deficit is also highlighted in relation to the company's revenue from the sale of food and supplies.

Financing Details

Jason's Deli does not offer any direct or indirect financing to its franchisees. Franchisees are responsible for securing their own loans, leases, or other financial obligations and cannot rely on the franchisor to guarantee their debts.

Performance Metrics

Total US Locations

236

Franchised Units

73

Corporate Units

163

Avg Square Footage

4,750

Franchising Since

1983

Agreement Terms

Initial Term

20 years

Renewal Term

10 years

Renewal Conditions

To renew their Jason's Deli franchise, franchisees must notify the franchisor between 90 and 180 days before the current term ends. They must be in good standing, having substantially complied with all terms of their current Franchise Agreement and other agreements, and satisfy all monetary obligations. Franchisees must also provide satisfactory evidence that they can stay in possession of their approved location or secure a new one. They are required to renovate and modernize the deli premises to meet Jason's Deli's current standards and image, comply with the franchisor's current qualification and training requirements for themselves and their employees, and sign a general release of claims. Finally, they will execute Jason's Deli's then-current renewal Franchise Agreement, which may have different terms, and pay a renewal fee of $5,000.00.

Training & Support Program

Franchisor Assistance

Jason's Deli provides various types of assistance to franchisees. Before opening, the franchisor offers standard construction plans and layouts, guidance in site selection, review and approval of site and construction plans, and initial training for the franchisee and four management personnel. They also provide assistance during the deli's opening and access to an Operations Manual and other training aids. After opening, Jason's Deli provides ongoing merchandising, marketing, and other data and advice, periodic individual or group consultation via visits, phone, newsletters, or bulletins, and regular publications on plans, policies, and developments. The franchisor also offers additional resources and assistance as they develop.

Initial Training Hours

626

Training Location

Closest geographic corporate training location to the deli to be opened, determined by Jason's Deli's Development Department

Ongoing Support

After a Jason's Deli location opens, the franchisor provides ongoing merchandising, marketing, and other data and advice as it develops these resources. Franchisees receive periodic individual or group advice, consultation, and assistance, which can be delivered through personal visits, telephone calls, newsletters, or bulletins. Jason's Deli also publishes and provides bulletins, brochures, manuals, and reports detailing its plans, policies, research, developments, activities, and changes to operational standards. The franchisor offers other resources and assistance as they are developed and made available to all franchisees.

Franchise Requirements

Ideal Candidate Profile

Jason's Deli seeks franchisees who possess strong personal drive, a commitment to continuous effort, and a keen eye for supervision and attention to detail. Ideal candidates, or their general managers and three other key management personnel, should have five or more years of full-service restaurant management experience to effectively perform at a general manager level after completing the training program. The franchisor specifically requires at least three, and sometimes all five, initial training attendees to have this extensive prior management experience.

Industry Experience Required

Yes

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Min Years Experience

5

Operational Details

Location Type

retail

Owner Participation

hands-on

Territory Type

non-exclusive

Territory Size Requirements

For a single Jason's Deli franchise, the location must be within a 'General Area' specified in a Site Development Addendum, which is typically a city, county, or other political subdivision, solely to define the search area. For an Area Development Agreement, the 'option area' is determined jointly by the franchisor and franchisee, based on the market's capacity for stores. This option area is described in an attachment and consists of a metropolitan area, county, or other political subdivision.

Staffing Notes

Jason's Deli requires the franchisee, a general manager, and three other management persons to personally manage the deli. These five individuals must successfully complete the franchisor's initial training program. Additionally, trainees for the general manager role should ideally have five or more years of full-service restaurant management experience, with at least three, and sometimes all five, initial attendees being required to have this level of experience. The franchisor emphasizes that the success of a Jason's Deli depends on the franchisee's personal and continuous efforts, supervision, and attention.