Jimmy John's Franchise

FOR IMMEDIATE RELEASE
DATE: September 24, 2019
CONTACT: Larry Lane
214-733-8282
llane@vrdallas.com

VR Business Brokers Facilitates the Sale of a Jimmy John’s Franchise

September 24, 2019 – VR Business Brokers of Dallas TX, a leader in the sale of privately held
companies, recently facilitated the sale of Jimmy John’s in Fort Worth, TX.

The Jimmy John’s location at 4813 Bryant Irvin Road in Fort Worth, TX was opened in 2010,
owned and operated by David and Kristi Pruitt. After a successful run of owning the business for
9 years, the couple decided to sell the business to pursue other ventures.

Kurt and Roslyn Stelk have purchased the franchise location, having recently relocated to Fort
Worth from the state of Oregon. Kurt, an accountant by trade, also owned a small manufacturing
company that he has sold, so he brings solid business experience to their new venture. Kurt and
Roslyn are very excited about this new chapter in their lives. The new owners took possession of
the business on September 10, 2019.

Jimmy John’s was founded in 1983, and today, Jimmy John’s consists of over 2,700 locations, of
which 98% are franchisee owned and operated.

Jimmy John’s is ranked in the Franchise Times Top 200 International Franchises – positioned at #61
with over $2B in revenue in 2018! The costs to open a new Jimmy John’s location are estimated at
~$350K. Details on Jimmy John’s can be found at https://www.jimmyjohns.com/
VR Business Brokers of Dallas, TX (www.vrdallas.com) handled all aspects of the transaction,
from initial business valuation to marketing the opportunity and providing support through the
closing process. Mark Delgado was the agent of record of this transaction. Terms of the
transaction were not disclosed.

About VR Business Brokers, Dallas, TX
VR Business Brokers of Dallas is part of the worldwide franchisor organization that has been
servicing small to medium size privately held companies since 1979. VR Business Brokers of
Dallas has handled transactions for privately held businesses with revenue ranging from $200,000
to $60,000,000 and assists business owsners with exit strategy planning, business valuations,
packaging and marketing of the opportunity, and full negotiation services through to closing. For
more information about VR Business Brokers, please call 214-733-8282, or visit
www.vrdallas.com.

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