Jimmy John's - 2 units in Oregon

Multnomah County, OR
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Asking Price:$699,000
Gross Revenue:$2,074,263
EBITDA:$231,759
Established Year:2010
Cash Flow:$231,759
Inventory:$12,000
FF&E:$170,000
BUSINESS DESCRIPTION

Headquartered in Champaign, IL, Jimmy John's was founded in 1983 and now boasts over 2500 units nationwide. In September 2016 a majority stake was sold to Roark Capital, a
private equity firm also invested in Arby's, Carvel, Auntie Anne's Pretzels, Wingstop and Cinnabon, among others. A simple menu and good product with only the freshest
ingredients sets the brand apart in the sandwich QSR segment. Franchisor requires a minimum net worth of $1M with at least $200K in liquid assets, or commensurate with
purchase. Restaurant experience preferred but not required. Transfer fees are $12,500 per unit for new franchisee or JJ franchisee who has only been in operation for 1 yr; $7,500
per unit to any existing franchisee who has been in operation for more than a yr.


DETAILED INFORMATION
Location
Multnomah County, OR
Inventory
Not Included in asking price
Employees
24
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All FF&E to be in good working condition prior to change over.
Competition
Longstanding brand in busy areas with lots of foot traffic. Minimal competition nearby.
Growth & Expansion
Growth in brand via new development or acquisition of existing units.
Support & Training
Franchisor offers 3 weeks of training.
Reason for Selling
Other business interests
Franchise
This business is an established franchise
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Emily
Burns
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Emily Burns