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July 19 - Aug 15, 17 % of Income
Ordinary Income/ExpenseIncome
4000 · Sales4010 · In Shop Sales 47,343.25 74.8%4020 · Delivery Sales 17,241.11 27.2%4030 · Catering Sales 3,244.65 5.1%
Total 4000 · Sales 67,829.01 107.2%
4100 · Sales Discounts4110 · Employee Discount -685.50 -1.1%4120 · Promo -992.69 -1.6%4130 · Sampling -2,815.10 -4.4%4140 · Waste -59.90 -0.1%
Total 4100 · Sales Discounts -4,553.19 -7.2%
Total Income 63,275.82 100.0%
Cost of Goods Sold5000 · Cost of Goods Sold
5010 · COGS - Bread 2,684.31 4.2%5020 · COGS - Food 9,881.47 15.6%5030 · COGS - Sides 1,394.48 2.2%5040 · COGS - Paper 998.36 1.6%5050 · COGS - Produce 1,925.40 3.0%5060 · COGS - Beverage 1,061.45 1.7%5070 · COGS - Catering 127.27 0.2%5080 · COGS - Delivery 153.05 0.2%5100 · COGS - Discount -44.76 -0.1%
Total 5000 · Cost of Goods Sold 18,181.03 28.7%
Total COGS 18,181.03 28.7%
Gross Profit 45,094.79 71.3%
Expense6000 · Employment Expenses
6100 · Wages, Taxes & DMR6120 · General Manager Wages 1,923.08 3.0%6130 · Assistant Manager Wages 1,820.00 2.9%6140 · PIC Wages 2,135.83 3.4%6150 · In Shop Wages 3,991.29 6.3%6160 · Driver Wages 7,464.85 11.8%6180 · DMR 587.64 0.9%6200 · Catering Manager Wages 961.54 1.5%6300 · Payroll Tax Expense 2,362.97 3.7%
Total 6100 · Wages, Taxes & DMR 21,247.20 33.6%
6700 · Employee Benefits/Insurance6710 · Management Bonus/Incentives 1,947.71 3.1%6780 · Employee Health/Dental Benefits -118.40 -0.2%
Total 6700 · Employee Benefits/Insurance 1,829.31 2.9%
Total 6000 · Employment Expenses 23,076.51 36.5%
7000 · Operating Expenses7110 · Breakroom/First Aid Supplies 15.80 0.0%7120 · Menus/Sandwich Stickers 532.43 0.8%7130 · Restaurant Supplies 530.55 0.8%7140 · Smallwares 2.12 0.0%7200 · Linens & Laundry Service 198.97 0.3%7300 · Uniforms
7310 · Uniform Purchases 162.31 0.3%
Total 7300 · Uniforms 162.31 0.3%
7400 · Royalty Fees7410 · Creative Fee - 1.5% 949.14 1.5%7420 · National Media Fund - 3.0% 1,898.28 3.0%
Accrual Basis
Page 1
Jimmy John'sProfit & LossJuly 19 - Aug 15, 2017
July 19 - Aug 15, 17 % of Income
7430 · Royalty - 6.0% 3,796.55 6.0%
Total 7400 · Royalty Fees 6,643.97 10.5%
7500 · Marketing & Promotional Expense7530 · Promotions, Events & PR 780.83 1.2%
Total 7500 · Marketing & Promotional Expense 780.83 1.2%
7600 · Customer Retention7630 · Customer GC Discounts 20.00 0.0%
Total 7600 · Customer Retention 20.00 0.0%
7800 · Maintenance & Repairs7810 · Building Repairs 144.61 0.2%7820 · Cleaning & Janitorial Supplies 87.87 0.1%7830 · Contract Cleaning/Janitorial 92.50 0.1%7850 · Equipment Repairs 708.38 1.1%
Total 7800 · Maintenance & Repairs 1,033.36 1.6%
7900 · Utilities7930 · Gas 92.00 0.1%
Total 7900 · Utilities 92.00 0.1%
Total 7000 · Operating Expenses 10,012.34 15.8%
8000 · Admin & General Expenses8040 · Office Supplies 57.61 0.1%8050 · Postage & Mailing 32.40 0.1%8100 · Transaction Fees
8110 · Bank Fees 3.00 0.0%8120 · Credit Card Fees 63.21 0.1%
Total 8100 · Transaction Fees 66.21 0.1%
8200 · Cash Accountability8210 · Cash Over/Short 52.73 0.1%8230 · CC Deposit Discrepancy 5.00 0.0%
Total 8200 · Cash Accountability 57.73 0.1%
8300 · Service & Subscription Fees8310 · Gift Card Fees 11.50 0.0%8320 · Internet Radio Fees 18.33 0.0%
Total 8300 · Service & Subscription Fees 29.83 0.0%
8400 · Training Expense8460 · Training - Other 45.98 0.1%
Total 8400 · Training Expense 45.98 0.1%
8600 · Professional Fees8620 · Bookkeeping Fees 609.80 1.0%8660 · Payroll Fees 138.40 0.2%
Total 8600 · Professional Fees 748.20 1.2%
8800 · Travel & Development8810 · Airfare 98.60 0.2%
Total 8800 · Travel & Development 98.60 0.2%
Total 8000 · Admin & General Expenses 1,136.56 1.8%
Total Expense 34,225.41 54.1%
Net Ordinary Income 10,869.38 17.2%
Other Income/ExpenseOther Income
9100 · Other Income9120 · Non-Operating Income 189.59 0.3%
Total 9100 · Other Income 189.59 0.3%
Accrual Basis
Jimmy John'sProfit & LossJuly 19 - Aug 15, 2017
Page 2
July 19 - Aug 15, 17 % of Income
Total Other Income 189.59 0.3%
Other Expense9200 · Other Expense
9220 · Loan Interest 1,491.49 2.4%
Total 9200 · Other Expense 1,491.49 2.4%
Total Other Expense 1,491.49 2.4%
Net Other Income -1,301.90 -2.1%
Net Income 9,567.48 15.1%
Accrual Basis
Page 3
Jimmy John'sProfit & LossJuly 19 - Aug 15, 2017
Jan 1 - Dec 30, 14 % of Income
Ordinary Income/ExpenseIncome
4000 · Sales4010 · In Shop Sales 546,539.62 73.8%4020 · Delivery Sales 203,764.99 27.5%4030 · Catering Sales 29,573.11 4.0%
Total 4000 · Sales 779,877.72 105.3%
4100 · Sales Discounts4110 · Employee Discount -6,498.13 -0.9%4120 · Promo -6,223.92 -0.8%4130 · Sampling -25,787.74 -3.5%4140 · Waste -554.17 -0.1%
Total 4100 · Sales Discounts -39,063.96 -5.3%
Total Income 740,813.76 100.0%
Cost of Goods Sold5000 · Cost of Goods Sold
5010 · COGS - Bread 31,614.42 4.3%5020 · COGS - Food 115,582.26 15.6%5030 · COGS - Sides 16,388.29 2.2%5040 · COGS - Paper 9,965.25 1.3%5050 · COGS - Produce 22,357.87 3.0%5060 · COGS - Beverage 11,561.56 1.6%5070 · COGS - Catering 1,283.48 0.2%5080 · COGS - Delivery 1,858.67 0.3%5100 · COGS - Discount -223.19 -0.0%
Total 5000 · Cost of Goods Sold 210,388.61 28.4%
Total COGS 210,388.61 28.4%
Gross Profit 530,425.15 71.6%
Expense6000 · Employment Expenses
6100 · Wages, Taxes & DMR6110 · Area Manager Wages 307.68 0.0%6120 · General Manager Wages 25,145.75 3.4%6130 · Assistant Manager Wages 23,071.20 3.1%6140 · PIC Wages 23,220.86 3.1%6150 · In Shop Wages 43,661.46 5.9%6160 · Driver Wages 85,940.14 11.6%6180 · DMR 6,936.44 0.9%6200 · Catering Manager Wages 4,807.70 0.6%6230 · Training Wages 1,365.00 0.2%6300 · Payroll Tax Expense 25,569.83 3.5%
Total 6100 · Wages, Taxes & DMR 240,026.06 32.4%
6700 · Employee Benefits/Insurance6710 · Management Bonus/Incentives 8,567.74 1.2%6780 · Employee Health/Dental Benefits -671.63 -0.1%
Total 6700 · Employee Benefits/Insurance 7,896.11 1.1%
6900 · Employee Maintenance6930 · Recruiting/Hiring 141.10 0.0%
Total 6900 · Employee Maintenance 141.10 0.0%
Total 6000 · Employment Expenses 248,063.27 33.5%
7000 · Operating Expenses7110 · Breakroom/First Aid Supplies 159.41 0.0%7120 · Menus/Sandwich Stickers 3,233.07 0.4%7130 · Restaurant Supplies 8,148.61 1.1%7140 · Smallwares 2,254.60 0.3%7200 · Linens & Laundry Service 2,220.77 0.3%7300 · Uniforms
Jimmy John'sYTD Profit & Loss
Accrual Basis January 1 through December 30, 2014
Page 1
Jan 1 - Dec 30, 14 % of Income
7310 · Uniform Purchases 1,611.68 0.2%7320 · Uniform Reimbursement -50.00 -0.0%
Total 7300 · Uniforms 1,561.68 0.2%
7400 · Royalty Fees7410 · Creative Fee - 1.5% 11,112.21 1.5%7420 · National Media Fund - 3.0% 22,224.41 3.0%7430 · Royalty - 6.0% 44,448.82 6.0%
Total 7400 · Royalty Fees 77,785.44 10.5%
7500 · Marketing & Promotional Expense7530 · Promotions, Events & PR 1,179.83 0.2%
Total 7500 · Marketing & Promotional Expense 1,179.83 0.2%
7600 · Customer Retention7630 · Customer GC Discounts 313.84 0.0%
Total 7600 · Customer Retention 313.84 0.0%
7700 · Rent Expense7710 · Building Rent 72,487.44 9.8%7730 · Office Rent 897.75 0.1%
Total 7700 · Rent Expense 73,385.19 9.9%
7800 · Maintenance & Repairs7810 · Building Repairs 885.13 0.1%7820 · Cleaning & Janitorial Supplies 570.13 0.1%7830 · Contract Cleaning/Janitorial 1,202.50 0.2%7840 · Equipment Rentals 5.42 0.0%7850 · Equipment Repairs 2,449.20 0.3%
Total 7800 · Maintenance & Repairs 5,112.38 0.7%
7900 · Utilities7930 · Gas 742.36 0.1%7960 · Telephone - Local/LD 4,273.89 0.6%7970 · Telephone - Mobile 144.54 0.0%7980 · Trash Removal 3,330.00 0.4%
Total 7900 · Utilities 8,490.79 1.1%
Total 7000 · Operating Expenses 183,845.61 24.8%
8000 · Admin & General Expenses8010 · Business Licenses & Permits 1,757.00 0.2%8020 · Business Meeting Expense 93.80 0.0%8040 · Office Supplies 682.63 0.1%8050 · Postage & Mailing 908.78 0.1%8060 · Printing & Copying 739.28 0.1%8100 · Transaction Fees
8110 · Bank Fees 1,427.35 0.2%8120 · Credit Card Fees 16,083.73 2.2%
Total 8100 · Transaction Fees 17,511.08 2.4%
8200 · Cash Accountability8210 · Cash Over/Short 345.48 0.0%8220 · Chargeback 814.64 0.1%8230 · CC Deposit Discrepancy -12.34 -0.0%8240 · NSF - Return/Fee 35.00 0.0%
Total 8200 · Cash Accountability 1,182.78 0.2%
8300 · Service & Subscription Fees8310 · Gift Card Fees 138.00 0.0%8320 · Internet Radio Fees 329.94 0.0%8330 · Online Ordering Fees 900.00 0.1%8340 · POS System Fees 3,216.72 0.4%
Total 8300 · Service & Subscription Fees 4,584.66 0.6%
8400 · Training Expense8410 · Training Airfare 358.00 0.0%
Jimmy John'sYTD Profit & Loss
Accrual Basis January 1 through December 30, 2014
Page 2
Jan 1 - Dec 30, 14 % of Income
8430 · Training Per Diem 673.00 0.1%8440 · Training Travel 163.90 0.0%8460 · Training - Other 54.98 0.0%
Total 8400 · Training Expense 1,249.88 0.2%
8500 · Insurance8520 · Business/Umbrella Insurance 5,084.78 0.7%8530 · EPL Insurance 843.23 0.1%
Total 8500 · Insurance 5,928.01 0.8%
8600 · Professional Fees8610 · Accounting Fees 965.00 0.1%8620 · Bookkeeping Fees 7,802.69 1.1%8650 · Management Fees 2,150.93 0.3%8660 · Payroll Fees 1,575.80 0.2%
Total 8600 · Professional Fees 12,494.42 1.7%
8700 · Auto Expense8710 · Fuel Expense/Mileage 205.29 0.0%8720 · Parking 30.02 0.0%
Total 8700 · Auto Expense 235.31 0.0%
8800 · Travel & Development8810 · Airfare 1,408.03 0.2%8820 · Lodging 850.47 0.1%8830 · Meals/Entertainment 1,167.15 0.2%8840 · Travel 540.78 0.1%
Total 8800 · Travel & Development 3,966.43 0.5%
8900 · Taxes8920 · Litter Tax 101.07 0.0%8950 · State Business & Occupation Tax 3,173.34 0.4%
Total 8900 · Taxes 3,274.41 0.4%
Total 8000 · Admin & General Expenses 54,608.47 7.4%
Total Expense 486,517.35 65.7%
Net Ordinary Income 43,907.80 5.9%
Other Income/ExpenseOther Income
9100 · Other Income9110 · Interest Income 0.02 0.0%9120 · Non-Operating Income 830.11 0.1%9130 · Rebates/Refunds 48.15 0.0%
Total 9100 · Other Income 878.28 0.1%
Total Other Income 878.28 0.1%
Other Expense9200 · Other Expense
9220 · Loan Interest 17,897.88 2.4%
Total 9200 · Other Expense 17,897.88 2.4%
Total Other Expense 17,897.88 2.4%
Net Other Income -17,019.60 -2.3%
Net Income 26,888.20 3.6%
Jimmy John'sYTD Profit & Loss
Accrual Basis January 1 through December 30, 2014
Page 3
Dec 30, 14
ASSETSCurrent Assets
Checking/Savings1000 · Checking Account 6,860.661010 · Petty Cash 1,000.00
Total Checking/Savings 7,860.66
Other Current Assets1400 · Inventory
1410 · Bread 564.751420 · Food 4,900.181430 · Sides 965.691440 · Paper 519.201450 · Produce 149.661460 · Beverage 613.201470 · Catering 115.61
Total 1400 · Inventory 7,828.29
1499 · Undeposited/Money in Transit 4,184.66
Total Other Current Assets 12,012.95
Total Current Assets 19,873.61
Fixed Assets1600 · Fixed Assets
1620 · Furniture & Fixtures 45,024.551630 · Equipment 139,149.961640 · Leasehold Improvements 101,784.82
Total 1600 · Fixed Assets 285,959.33
Total Fixed Assets 285,959.33
Other Assets1700 · Capitalized Start Up Expenses
1710 · Franchise Fees 30,000.001730 · Other Start up Costs 81,622.55
Total 1700 · Capitalized Start Up Expenses 111,622.55
Total Other Assets 111,622.55
TOTAL ASSETS 417,455.49
LIABILITIES & EQUITYLiabilities
Current LiabilitiesAccounts Payable
2000 · Accounts Payable 14,665.36
Total Accounts Payable 14,665.36
Other Current Liabilities2150 · Accrued Wages 7,299.482160 · Accrued Payroll Taxes 4,517.822200 · Sales Tax Payable 5,629.922220 · Use Tax Payable 75.95
Total Other Current Liabilities 17,523.17
Total Current Liabilities 32,188.53
Long Term Liabilities2400 · Notes Payable
2450 · N/P Other 396,762.93
Total 2400 · Notes Payable 396,762.93
Total Long Term Liabilities 396,762.93
Total Liabilities 428,951.46
Jimmy John'sBalance Sheet
Accrual Basis As of December 30, 2014
Page 1
Dec 30, 14
Equity32000 · Retained Earnings -38,384.17Net Income 26,888.20
Total Equity -11,495.97
TOTAL LIABILITIES & EQUITY 417,455.49
Jimmy John'sBalance Sheet
Accrual Basis As of December 30, 2014
Page 2