Price: $249,000
Location: Metro Suburb
Industry: Restaurant and Food
Listing ID: 42060341
Listing Status: Reduced Price
NEW LOWER PRICE - This Jimmy John’s opened in mid-2018 and is in a fast-growing city in Dallas County. From 2018-2021 this Jimmy John’s listing was growing & performing well until the beginning of 2022 when the Seller faced labor issues. Because of not being able to staff the store suitably, this location could not operate a full schedule and could not offer regular delivery service which is a Jimmy John’s attribute that helps them differentiate from other sandwich brands. Despite this major issue the business achieved $470K in revenue in 2022 for 2023 had revenues totaling $527K. The Seller now has his Jimmy John’s fully staffed and has left his full-time position to return the store to its growth track.
Despite having his Jimmy John’s back on track, he is anxious to sell and will listen to most offers. The asking price has been reduced over the past year and now has been further reduced to $249,000. The cost of opening a new store like this one would cost at minimum $356,000 and would range upwards to $671,000+. While the owner is anxious to sell, we would ask if you were interested in making an offer that any offer considers the cost to open a new Jimmy John’s, the amount of resources this owner invested in this location & this store’s very desirable location. An involved owner/operator can easily scale this business to its 2021 level & beyond.
To receive our Non-Disclosure & Buyer Profile document so that you can receive detailed information on this amazing opportunity, please submit an inquiry through the business for sale website that you are viewing this opportunity or email [email protected].
Down Payment: N/A
Total Sales: $538,160
Cash Flow: $45,124
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $50,000
FFE Included: Yes
Inventory: N/A
Year Established: 2018
Non-Owner Payroll: N/A
Real Estate: N/A
Monthly Rent: N/A
Type of Location: Retail
