$577K+ EBITDA — Jimmy John’s franchises — Proven locations!
Ad ID : 2028900
Deli and Sandwich Shops / Other Food and Restaurants
- Asking Price:$3,059,000
- Annual Gross Revenue:$4,047,736
- Annual EBITDA/Cash Flow:$577,143
Unique purchase opportunity! Proven and successful Jimmy John’s stores, including a drive-thru location! This is the first time the owner has offered these great locations for sale and they have been operating successfully for many years! These stores are ripe for continued growth with a new owner. Jimmy John’s unwavering focus on its industry-leading delivery model and continued innovation with Mobile payment and Online ordering have perfectly positioned the brand for even greater future success.
Jimmy John’s is one of the fastest-growing and industry-leading Fast-Casual franchise systems in the country. This business is a proven franchise with consistent performance. Multi-unit, well established, and HIGHLY PROFITABLE.
These restaurants have a loyal customer base and tremendous ongoing growth potential in the communities they serve. They are in ideal proximity to each other and have adjacent Delivery Zones. The stores are well maintained, and the owner has kept immaculate books and records, allowing for an easy ownership transition of this TURNKEY multi-store operation.
Headquartered in Champaign, IL, Jimmy John’s was founded in 1983 and now boasts over 2800 units nationwide. In September 2016, a majority stake was sold to Roark Capital, a private equity firm also invested in Arby’s, Sonic, Auntie Anne’s Pretzels, Wingstop and Cinnabon, among others. A simple menu and great product, with only the freshest ingredients, sets Jimmy John’s apart in the sandwich QSR segment
Jimmy John’s has been one of the fastest-growing restaurant chains in the U.S. in recent years, opening more than 200 locations per year for the past several years, and more than 98% are franchise-owned. Jimmy John’s proudly creates over 200 new jobs every week.
Interested in additional Information?
1) Contact the Broker, Jeff Percey, at 804-357-3243 or email: [email protected].
2) Complete the Confidentiality Form to be provided by the Broker.
3) Upon our receipt of your completed Confidentiality Form, we will contact you and provide you with specific data for this business opportunity.
Included In Asking Price: Furniture, Fixtures, Equipment
Not Included In Asking Price: Inventory
Year Established: 2003
Facilities: Strong & Adjacent Delivery Territories…There are fantastic leases in place at each store, all with multiple renewal options – consolidated occupancy costs are only 5.2% of sales, contributing to high profit margins. These stores serve customers from multiple medical centers and hospitals along with schools, car dealerships, universities, businesses, and residential communities. The stores are in high-traffic centers with excellent visibility and access, plus strong co-tenancy and draw from the surrounding areas.
Growth and Expansion: 1) Significant opportunity for growth in 2022 and beyond with the new development of retail, medical facilities, offices, and industrial parks in the immediate delivery areas. 2) Stores have returned to normal operational hours. Were operating a shortened schedule due to Covid-related staffing constraints. 3) Potential development of additional locations in the surrounding area
About the Sale
Support and Training: Comprehensive training provided by the Franchisor, ensuring you are ready to own and operate these already successful Jimmy John's Gourmet Sandwich franchises.
Reason for Sale: The Seller is Retiring.
Name: Jeff Percey
Phone: 804-357-3243 (Direct)
Email: [email protected]
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