Jimmy John's Franchise - California
Yuba County, CA
| Asking Price: | $139,000 |
| Gross Revenue: | $634,196 |
| EBITDA: | $70,880 |
| Established Year: | 2016 |
| Cash Flow: | $70,880 |
| Inventory: | $9,000 |
| FF&E: | $75,000 |
Listing ID: 2145154Listing provided by BizBuySell
BUSINESS DESCRIPTION
Turn-key!
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 Pretezels, 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 by 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.
DETAILED INFORMATION
Location
Yuba County, CA
Inventory
Not Included in asking price
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All FF&E to be in good working condition prior to change over.
Competition
Sales trending up, 19% over last year.
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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