Two Jimmy Johns Franchises for Sale in Palm Beach

West Palm Beach, FL
Palm Beach County


Asking Price: Annual Revenue:
$225,000 $840,901

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Two Jimmy Johns Franchises for Sale in Palm Beach Broker: Ken Eisenband

Quick Facts

Asking Price: $225,000
Annual Revenue: $840,901
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016/2019
Employees: 4
BBN Listing #: 49928096
Broker Reference #: 8471

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Business Overview:

Become a multi-unit owner immediately with one of the premier submarine sandwich franchises in the Nation. Located in high growth areas, these two Jimmy Johns Franchises for Sale are positioned for continued growth of sales and profits.

The two Jimmy Johns Franchises for Sale are being offered pennies on the dollar of the original build-out cost. The typical build-out for a Jimmy Johns is between $315,000 and $560,000 per store. These two stores are being offered for half the cost of one store. The owner is offering these two locations for sale due to health issues. In 2020 the two stores grossed $840,000 in sales. At the present time the bottom line is at break-even.The locations of these two stores are excellent and the growth in the area is very good.

These two Jimmy Johns Franchises for Sale by We Sell Restaurants are excellent and great leases are in place. One of the stores is 1,800 square feet with a rent of $3,419 and the second store is 1,170 square feet with a rent of $4,930. The leases expire in 2029 and 2025, respectively and both have 2 five-year options attached. The lease expiration dates coincide with the franchise agreements. Refreshments are not due in either unit until expiration of the franchise agreement. Royalties with Jimmy John’s are 6% and the marketing fee is 4.5%.

Both Jimmy Johns Franchises for Sale are equipped to the high standards of the franchisor. The equipment package is identical and includes walk-in coolers and freezers, sandwich coolers ice machines, proofer/oven, slicer, and much more. One of the units’ seats 36 guests and the other seats 14 guests. The majority of the business is handled as pick-up or delivery.

Buy these two Jimmy Johns Franchises for Sale and become part of a family that has over 2,700 units in 43 different states. Jimmy John is ranked the # 2 sub shop in the Entrepreneur Franchise 500. 98% of Jimmy John’s sub shops are owned by franchisees. When you purchase these two franchised stores the transfer fee will be between $5,000 and $12,000 depending on the length of time left on the agreement. As part of this fee, you will receive 4 weeks of classroom and hands on training. As part of a 2,700-unit brand you will have the buying power to keep your food cost low. The marketing department will assist you on local store marketing, and you will have access to the franchises proprietary POS system. Each store has five terminals in use. Jimmy Johns is part of the INSPIRE BRANDS family. Inspire Brands is the second largest restaurant company in the world with over 32,000 restaurants in more than 60 countries. Other brands include Dunkin, Baskin Robbins, Buffalo Wild Wings, Arby’s, Sonic, and Rusty Taco.

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Property Features and Assets:

45th Street 4 booths 4 tables 14 chairs 2 hightop tables 4 bar stools 10 stools attached to floor soda fountain highchair 2 trash receptacle 2 three door sandwich coolers terminal POS system proofer oven combo unit 2 speed racks slicer prep table single door stand up cooler SS shelving walk in cooler walk in freezer ice machine safe neon sign 5 car toppers assorted pots pans utensils Palm Beach Lakes 6 tables 12 chairs 5 terminal POS system 2 speed rack 2 prep tables slicer single door stand up cooler proofer oven combo unit three compartment sink SS shelving ice machine 5 car toppers walk in cooler walk in freezer safe soda fountain assorted pots pans utensils

Market Competition and Expansion:

Excellent locations and leases in place. The areas of these stores continue to grow..

Reason for Selling:

Health

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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