Booming Semi-Absentee Jimmy John's for Sale in Tampa!

Tampa, FL
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Asking Price:$210,000
Gross Revenue:$461,278
Rent:$3,112/Month
Established Year:2017
Cash Flow:$80,000
Inventory:$5,000
FF&E:$114,000
BUSINESS DESCRIPTION

This Jimmy John's franchise is your chance to own a profitable and turn-key business that has been thriving in this location for nearly a decade. The current owners work part-time in the business which means the opportunity for further growth is available to a motivated buyer. The 2 owners work 8 hours per week each during the summer. And the other parts of the year, it's much closer to 5 hours each per week. You can work full-time in the business and take it to the next level or keep the status-quo and enjoy six-figure profits while working part-time.

This area is booming along with the rest of Tampa! Several apartment complexes were completed recently that are sure to drive business up even more! On top of this, there's a great lease in place with an option to extend to the end of 2030!

The owner just replaced $25,000 worth of equipment including a new cold table and new cooler so you don't have to!

The franchisor estimates investment costs for a new store to be anywhere from $356,200 to $674,200. For the asking price here, you can own your own location that's already established and profitable. Don't miss out on this opportunity, it will not last long!

Please note: The franchisor will NOT approve a franchisee/buyer unless they have a minimum of $200K liquid capital and $1M net worth.


DETAILED INFORMATION
Location
Tampa, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,198
Lease Expiration
30/11/2030
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This Jimmy John's store is up to the current imaging standards and shouldn't need to be updated for several years.
Growth & Expansion
Several apartment buildings being built right across the street and all throughout this franchise's territory!
Support & Training
The Franchise will provide all the support and training. This is included in the cost of the transfer fee.
Reason for Selling
Illness
Franchise
This business is an established franchise
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David
Rummell
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David Rummell