Location: West Texas
Industry: Delis and Sandwich Shops
Listing ID: 42060285
Listing Status: Reduced Price
PRICE REDUCED! Bring all offers for this MOTIVATED SELLER! 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
Asking price of $149K - Seller’s have other business interests that have required relocation. Sellers are MOTIVATED!
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 [email protected]
Down Payment: N/A
Total Sales: $1,464,800
Cash Flow: $53,103
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: Yes
Year Established: 2015
Non-Owner Payroll: N/A
Absentee Owner: No
Real Estate: N/A
Monthly Rent: N/A
Type of Location: Retail
Reason For Sale: Owners have other business interests that require relocation
Owners have other business interests that require relocation
Training & Support: Franchisor will provide initial training and ongoing support. Seller will assist with transitional support
Franchisor will provide initial training and ongoing support. Seller will assist with transitional support