Business Overview

Great Brand, Great Sandwiches – Jimmy John’s® was founded in 1983 in Charleston, IL, started franchising in 1993 and today, Jimmy John’s® is part of Inspire Brands consisting of over 2,700 locations, of which 98% are franchisee owned and operated. This location was started in 2018 with the first full year completing in 2019. 2021 was a year of dramatic growth for this location and has successfully hurdled the obstacles to growth that Covid19 provided. This unit is strategically located by two intersecting major highways that continues to developing commercial growth. Why not take advantage of this owner’s growth building efforts & expense that has a loyal customer base for less than opening a new franchise. To receive our Non-Disclosure & Buyer Profile document so that you can receive detailed information on this amazing opportunity, please submit an inquiry through the business for sale website that you are viewing this opportunity or email jeffg@vrdallas.com.

Financial

  • Asking Price: $385,000
  • Cash Flow: $125,931
  • Gross Revenue: $611,852
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2018

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,500
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Newer strip center in busy suburban area. Easily accessed by major highway. Shop has a brand new feel to it and is current with franchisor standards

Is Support & Training Included:

Corporate training is required and the Franchisor has on-going support programs & resources.

Purpose For Selling:

Health issues

Pros and Cons:

While there is competition in this food category, Jimmy John's is the strongest brand and always delivers on quality in an expediated manner.

Opportunities and Growth:

Selling & servicing the commercial businesses & offices in the local trading area is just one means to growing the revenue & profit.

Additional Info

The venture was founded in 2018, making the business 4 years old.

The building is leased by the business for $5,259.36 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell businesses. Nevertheless, the genuine reason and the one they say to you might be 2 totally different things. As an example, they might say "I have way too many various commitments" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might just be excuses to attempt to conceal the reality of changing demographics, increased competitors, recent reduction in incomes, or a variety of other reasons. This is why it is really crucial that you not depend absolutely on a vendor's word, yet rather, use the seller's answer in conjunction with your general due diligence. This will repaint a more realistic picture of the business's present scenario.

Existing Debts and Future Obligations

If the current company is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of operating businesses finance loans in order to cover items like inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can suggest that profit margins are too small. Numerous organisations fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future commitments to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that must be fulfilled or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area bring in new consumers? Often times, companies have repeat consumers, which develop the core of their day-to-day earnings. Certain elements such as new competition growing up around the area, roadway construction, as well as personnel turnover can affect repeat customers and also adversely affect future revenues. One important point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Obviously, the more individuals that see the business on a regular basis, the higher the possibility to construct a returning customer base. A last idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? Just how might the local median house income impact future income potential?