Multi-Unit Jimmy John’s Franchises for Sale with earnings over $80K

Print Listing
Price: $275,000
Location: Hidalgo
Listing ID: 377
DESCRIPTION

Buy these Multi-Unit Jimmy John’s Franchises for sale and instantly become a multi-unit owner with a great brand. These Sub Sandwich Franchises combined for over $1.1 million in annual gross sales. Owner/Operator nets over $80,000.

This multi-unit Texas Franchise for Sale offered by EATS Broker is an opportunity to own two Quick Service Restaurants in the Rio Grande Valley. The current owner is absentee; the locations provide an excellent opportunity for the owner/operator to increase sales.

The restaurant spaces are 1,700 sq. ft and 1,500 sq. ft., with rents of $4,553 and $6,186. Locations can easily be managed by being located only 20 miles apart! Sites offer great dine-in, take-out, delivery, catering, and drive-thru business.

Jimmy John’s is an American sandwich chain headquartered in Champaign, Illinois. The menu includes three bread options, 17 different numbered sandwiches, five flavors of chips, kosher dill pickles, and more.

Royalties of 6% and marketing fees of 4.5%. The recent conversion to DoorDash delivery drivers should tremendously help labor costs. Current labor costs are 33% at location 1 and 40% at location 2.

The transfer fee is $12,500 per location and includes franchise training for the buyer of four to six weeks in Chicago, Illinois. The franchise will require two people to attend management training to be Certified General Managers.

These Jimmy John’s for Sale in Hidalgo County, Texas, and Cameron County, Texas, are fully equipped with everything needed to be successful. Unlike other locations, winter sales are strong in this area due to the Brand Recognition of the winter Texas residents from Illinois, Iowa, and Missouri. The Rio Grande Valley provides excellent opportunities for expansion for Jimmy John’s franchisees.

Our seller requires we pre-qualify getting proof of funds in the form of a recent bank statement, recent brokerage statement, 401K, or letter from your banker before providing additional financials on this restaurant.

Contact the Restaurant Broker at EATS Broker today about this exciting opportunity. If you have any questions, don’t hesitate to contact Restaurant Broker Dominique Maddox at 404-993-4448 or [email protected]. Visit our website at www.EATSbroker.com to sign a non-disclosure.

LISTING DETAILS
Net Sales: $1,124,337
Owner Benefit: $81,179
Monthly Rent: $4,553 | $6,186
Square Footage: 1,700 | 1,500
Lease Terms: (1) 5 year option
Reason for Sale:

Multi-unit owner downsizing.

Training and Support:

Franchise will require 4-6 weeks of training before closing.

OPERATION
Year Established: 2018 | 2017
Days & Hours of Operation: Monday-Sunday 11am-10 pm
Owner Hours Per Week: 0
Employees: 6 PT | 12 FT
LOCATION
Monthly Rent: $4,553 | $6,186
Type of Location: End-cap unit
Square Footage: 1,700 | 1,500
RESTAURANT FEATURES

Combined sales over $1 million
Drive-thru available in both locations
They are located only 20 miles apart
Become a multi-unit owner
Owner benefit over $80,000
Sub Sandwich Franchise for Sale

For more information on this listing, please complete our Non-Disclosure Agreement

CONTACT RESTAURANT BROKER

DOMINIQUE MADDOX

Phone: 4049934448
Email: [email protected]