Jimmy John’s: Proven location w/ $192K+ Cash Flow!
New Jersey
Ad ID : 2082968
Business Type
Deli and Sandwich Shops / Other Food and Restaurants
Listing Details
- Asking Price:$675,000
- Annual Gross Revenue:$769,607
- Annual EBITDA/Cash Flow:$192,060
Summary Description
Rare opportunity to purchase this PROVEN, PROFITABLE, and consistently performing Jimmy John’s in the Mid-Atlantic, with excellent ongoing growth potential. This is store is one of the original Jimmy John’s locations in the state and has successfully operated since 2017! Now Jimmy John’s is one of the fastest growing and Industry Leading Fast-Casual franchise systems in the country. The brand’s unwavering focus on its industry-leading delivery model and continued innovation with Mobile payment and Online ordering have perfectly positioned Jimmy John’s for even greater future success. The sale will consist of one (1) open/operational store. SBA approved franchise – financing is available with as little as 10-15% down.
This Jimmy John’s has a loyal customer base and tremendous ongoing growth potential in the communities it serves. The restaurant and equipment are immaculate & well-maintained, and the owner makes regular updates to keep the store current! Cashflow to a new owner is $192K+ and growing!
Headquartered in Champaign, IL, Jimmy John’s was founded in 1983 and now boasts over 2600 units nationwide. In September 2016, a majority stake was sold to Roark Capital, a private equity firm whose Inspire Brands portfolio also includes Arby’s, Dunkin, Sonic, Auntie Anne’s Pretzels, Wingstop and Cinnabon, among others. Inspire Brands is now the U.S.’ second-largest restaurant conglomerate, with a global footprint of 31,700 restaurants and $30 billion in system sales. As part of the Inspire Brands family, Jimmy John’s franchisees have access to best-in-class franchise support, including restaurant development planning, design and construction, operations, training and marketing.
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. A simple menu and great product, with only the freshest ingredients, sets Jimmy John’s apart in the sandwich QSR segment.
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.
General Information
Included In Asking Price: Furniture, Fixtures, Equipment.
Not Included In Asking Price: Inventory
Year Established: 2017
Facilities: Strong Delivery Territory…This Jimmy John’s serves customers from tremendous businesses and residential communities. The store is located amidst 22,000,000 SF of offices. There are several large existing, and new, Retail and Apartment Developments. This is a downtown location centered between 3 major Metro stops, making delivery service ideal! There is a fantastic lease in place, with multiple renewal options – consolidated occupancy costs are LESS THAN 4.5% of sales, contributing to high profit margins!
Market Outlook
Growth and Expansion: 1) 3rd Party Delivery and Catering: The owner has launched both UberEats and Door Dash to meet higher delivery demand and to reach new customers. This will be upside to the Buyer. 2) New owner is in a prime position to open future stores in this and several other surrounding markets. 3) Increased Community Involvement - Structured Fundraising nights & partnerships with schools, sports teams, and other organizations, etc. would be very impactful and further increase brand awareness!
About the Sale
Support and Training: Comprehensive training provided by the Franchisor, ensuring you are ready to own and operate this already successful Jimmy John's Gourmet Sandwich franchise.
Reason for Sale: Ask Broker
Attached Documents:
Confidentiality FormContact Information
Name: Jeff Percey
Phone: 804-357-3243 (Direct)
Email: [email protected]
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