Jimmy John's - 2 units in VA

VA

Jimmy John's - 2 units in VA
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Asking Price: Get Financing: $990,000

Cash Flow: $262,250

Gross Revenue: $1,455,205

EBITDA: $262,250

FF&E: $200,000

Inventory: $12,000*

Lease Rate: $1.71 /Month

Established: 2012

*not included in asking price.

Jimmy John's - 2 units in VA

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Business Description

Top producing, profitable, turn-key restaurants!

Headquartered in Champaign, IL, Jimmy John's was founded in 1983 and now boasts over 2,500 units nationwide. In September 2016 a majority stake was sold to Roark Capital, a private equity firm also invested in Arby's, Carvel, Auntie Anne's Pretezels, Wingstop and Cinnabon, among others. A simple menu and good product with only the freshest ingredients sets the brand apart in the sandwich QSR segment. Franchisor requires a minimum net worth of $300K with at least $80K in liquid assets, or commensurate with purchase. Restaurant experience preferred but not required

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,645
Lease Expiration:
N/A
Employees:
23
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All FF&E to be in good working condition at time of change over. Interior remodels due at end of franchise agreement term.
Competition:
Great stores that consistently perform in the top 20% of all Jimmy John’s! Located in busy shopping mall areas, with lots of foot and vehicle traffic.
Growth & Expansion:
Room for growth in brand via new development or acquisition of existing units.
Support & Training:
Franchisor offers 2 weeks of training in IL.
Reason for Selling:
Retiring and personal reasons
Business Website:
http://www.jimmyjohns.com
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Carter Asefi

Business Listed By:
Carter Asefi

FranBizNetwork

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