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PRICE IMPROVEMENT: Jimmy John's - Multi-Unit Franchise Resale

Cherokee County, GA

PRICE IMPROVEMENT: Jimmy John's - Multi-Unit Franchise Resale
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Asking Price: $609,000

Cash Flow: $167,919

Gross Revenue: $1,301,995

EBITDA: $167,611

FF&E: N/A

Inventory: $12,000*

Established: 2012

*not included in asking price.

PRICE IMPROVEMENT: Jimmy John's - Multi-Unit Franchise Resale

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Business Description

Rare multi-unit Jimmy John's franchise resale!

Jimmy John’s is a fast casual restaurant offering fresh, fast sandwiches served on freshly baked bread consisting of meats and veggies sliced daily in store. Delivery is what sets this brand apart from others! The brand is known as one of the fastest growing franchises in the U.S. Jimmy John's was ranked #1 in Entreprenuer's Franchise 500 and has wide brand recognition.

Great opportunity to acquire two established and profitable stores for a fraction of what it would cost to open the stores from scratch ($450k-$500k per-store).

Detailed Information

Location:
Cherokee County, GA
Inventory:
Not included in asking price
Employees:
40-50
Competition:
Jimmy John’s was founded in 1983 and now boasts over 2,700 units nationwide. A simple menu and good product with only the freshest ingredients sets the brand apart in the sandwich QSR segment.
Growth & Expansion:
Recent operational improvements and management changes will positively impact COGS and bring stores closer to national average. Current owner is semi-absentee and an active owner operator will make the stores even more profitable!
Support & Training:
Yes
Reason for Selling:
Personal reasons. Seller's son no longer wishes to manage business.
Franchise:
This business is an established franchise
Business Website:
http://www.jimmyjohns.com/
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Contact the Seller

(from currently available funds)
 
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Robert Margeton

Business Listed By:
Robert Margeton

Ryco Advisors

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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