Jimmy John Liautaud -
Yacht Name: Rock.it
Yacht Length: 60 m (198 ft)
Guests: 10 in 5 cabins
Crew: 13 in 6 cabins
Yacht Value: US$ 100 million
Owners Name: Jimmy John Liautaud
Owners Net Worth: US$ 1 billion
Owners Company: Jimmy John's
Owners Country: USA
James John Liautaud is the founder of Jimmy John's Gourmet Sandwiches
A $ 100 million yacht built by Feadship
The 60 meter (198ft) yacht Rock.it was delivered by Feadship in 2014. She is designed by Sinot Yacht Design. The yacht can accommodate 10 guests and 13 crew members. Rock.it is powered by two MTU 12v4000M53R engines and can reach a top speed of 15 knots. The yacht contains a unique control system that includes a semi-
He is building a Bigger Yacht
Rock.it is the first yacht for her owner James John Liautaud, but he has chartered yachts before. He is said to be planning another, bigger yacht. The yacht Rockit is not available for charter, but enquire for your ultimate charter experience on other yachts.
Jimmy (or James) John Liautaud is the founder of Jimmy John's Gourmet Sandwiches, a franchised sandwich restaurant chain. He opened the doors to his first sub shop in Charleston, IL on January 13, 1983.
He started with a US$ 25k loan
With a US$25,000 loan from his father he first planned to open a hot dog stand. He found out that he needed US$45.000, exceeding his budget. He walked into a sandwich shop an saw only a refrigerator, a meat slicer, an oven and a cash register, and decided to switch to sandwiches. In a few years time he opened additional shops and began franchising in 1994.
2,300 stores -
In 2002 Jimmy John’s had 160 stores open. The 500th Jimmy John’s opened in 2007, the 1,000th in 2010, and in 2015, Jimmy John’s reached 2,300 stores. He is planning to open another 1,300 stors. Read Liautaud’s interesting story here. The franchise shops pay 6% of their sales in royalties and 4.5% in advertising fees to Jimmy John's Franchise, LLC. The company realizes an estimated US$ 1.3 billion in annual sales, with earnings before interest, tax, depreciation and amortization of about US$150 million annually.
An IPO valuating the company at US$ 2 billion
In October 2015 plans for an initial public offering -
Trophy hunting on big game animals
In 2015 Liautuad became under fire as photos showed up on Twitter of him posing with dead big game animals, such as a rhinoceros, a leopard and elephants. However he quickly explained that these photos were more than 10 years old and that he stopped hunting on big African Game.