Jimmy John's OH

OH

Jimmy John's OH
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Asking Price: Get Financing: $350,000

Cash Flow: $110,241

Gross Revenue: $670,165

EBITDA: $110,241

FF&E: $150,000

Inventory: $7,000*

Lease Rate: $2,200 /Month

Established: 2012

*not included in asking price.

Jimmy John's OH

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Business Description

Profitable, turn-key business!

Headquartered in Champaign, IL, Jimmy John's was founded in 1983 and now boasts over 2500 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 t least $80K in liquid assets, or commensurate with purchase. Restaurant experience preferred by not required.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
N/A
Employees:
15-18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All FF&E in good and working condition.
Competition:
Jimmy John’s sets itself apart in the sandwich segment by using all from-scratch ingredients, all-natural meats sliced in-house daily, and fresh produce purchased locally.
Growth & Expansion:
Room for growth via acquisition and adjacent areas are available for development.
Support & Training:
Franchisor provides 3 weeks of training.
Reason for Selling:
Other business interests.
Franchise:
This business is an established franchise
Business Website:
http://www.franbiznetwork.com
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Carter Asefi

Business Listed By:
Carter Asefi

FranBizNetwork

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