Seller's Contact Information
- RE: Jimmy John’s Sandwich Franchises In West Texas
- Contact: Larry Lane
Quick Facts
| Asking Price: | $149,000 | |
| Annual Revenue: | $1,464,800 | |
| Net Profit: | $53 | |
| Cash Flow: | $53,103 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 25 | |
| BBN Listing #: | 390043628 | |
| Broker Reference #: | 42060285 |
Business Overview:
INCREDIBLE PRICE REDUCTION! A great opportunity to buy two well-established gourmet sandwich franchise locations in Midland and Odessa, TX – in the heart of the great oil boom of the Permian Basin! Each location is in their 6th year of operation. An incredible sale price on two locations – at a price lower than the cost to open one new store!
Jimmy John’s now has close to 3,000 locations across the country. The sandwich franchise operation prides itself on a very focused, limited inventory, simple menu and straight forward marketing approach that offers healthy food consisting of fresh, daily baked bread and the highest quality meats and produce.
Each of the two locations has a solid staff in place, a good combination of full time and part-time employees, and 3 key managers in place at each location. This business model is an “owner operated” model, so a new owner should be prepared to attend the franchisor’s training program for certification as well.
The stores are each in ideal locations – central locations within the city, and with great street frontage and excellent visibility. Area draws such as a university, and with large, major anchors such as Walmart, Home Depot, and Lowe’s in the same shopping centers, along with several additional eateries in the same area ensures continuous traffic flow! One location offers drive thru service. Each store has been well kept and maintained by the current owners.
Jimmy John’s is one of the top ranked franchise brands – a perennial top 30 member of Entrepreneur top 500 rankings. If you are looking for a high-quality brand name franchise with tons of support, a simple concept, and two well-established locations to start with, then this is the deal for you!
Revenue of $1,464,800
Discretionary earnings of $53K
Assets$150,000
Asking price of $149K - Seller’s have other business interests that require relocation. Very motivated - BRING ALL OFFERS!
Initial training and ongoing support provided by top rated franchisor. Seller will assist with ownership transition.
For more information, contact VR Business Brokers at 214-733-8282 or email llane@vrdallas.com.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Personal Circumstances
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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