Jimmy John's- Multi-Unit in MD

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All stores within 40 min of each other!
Asking Price:
$2,500,000

Gross Revenue:
$4,101,618
Cash Flow:
$493,573
EBITDA:
$493,573
Inventory:
$30,000
not included in asking price

FF&E:
$750,000
included in asking price

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Business Description

Multi-unit Jimmy John's gourmet sandwich restaurants for sale! Stores are franchisee owned, franchise agreements will be assigned to buyer with new 10 year terms.

About the Business

Year Established:
2010
Number of Employees:
95
Franchise:
Yes
Real Estate:
Leased
Facilities:
All furniture, fixtures, and equipment to be in good working condition at time of changeover. No remodels due currently.
Website:
www.jimmyjohns.com/
Market Outlook/
Competition:
Jimmy John's was founded in 1983 and now boasts over 2500 units nationwide. A simple menu and good product with only the freshest ingredients sets the brand apart in the sandwich QSR segment.
Growth & Expansion:
Room for growth in brand via new development and the acquisition of existing units.
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About the Sale

Reason For Selling:
Other business interests
Training/Support:
Franchisor requires a minimum of $1.5M with at least $400K in liquid assets. Restaurant experience preferred but not required. Operating partner must hold at least 5% equity in the business and attend 8 week training program.

Listing Info

ID:
1482012
Ad Detail Views:
224

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Business Listed by

Carter Asefi

FranBizNetwork

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Source: American Community Survey (2010-2014), United States Census Bureau.

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