Two profitable Jimmy John's in Georgia's beautiful Golden Isles
Asking Price: | $750,000 |
Gross Revenue: | $1,485,000 |
FF&E: | $400,000 |
Cash Flow: | $216,000 |
Inventory: | $20,000 |
Come sell sandwiches near the beach!
Rare opportunity to purchase two established, profitable Jimmy John's in Georgia's popular Golden Isles at a lower estimated cost and with much less risk than developing new, unproven locations. With sales totaling over $1.400,000 per year and good cash flow, it's perfect for an owner/operator wanting to live on the Georgia coast. Alternatively, the stores offer excellent ROI potential for a savvy investor or an expansion opportunity for an existing Jimmy John's franchisee.
The owner of the Jimmy John's is divesting of his sandwich shops in order to focus his efforts on successfully bringing to market a promising business application software package that he has developed and for which he has recently obtained equity funding.
It should be noted when analyzing the financials that both restaurants are currently run by employee general managers so an experienced owner-operator could generate an additional $60,000 - $100,000 or so in owner discretionary income by assuming much of the operations responsibilities him or herself.
One Jimmy John's is located on desirable St. Simons Island on the main north-south artery in a popular area containing many successful retail shops while the other has a superb location on the mainland in Brunswick across the street from the only Wal*Mart super center within 40 miles.