Two profitable Jimmy John's in Georgia's beautiful Golden Isles

Glynn County, GA
listing image
Asking Price:$750,000
Gross Revenue:$1,485,000
FF&E:$400,000
Cash Flow:$216,000
Inventory:$20,000
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Glynn County, GA
Inventory
Not Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Both restaurants are located in leased space. The St Simons lease has more than four years remaining in the initial term and two five year renewal options and the Brunswick lease has over five years remaining and also has two five year renewal options.
Support & Training
Comprehensive training is supplied by the franchisor assuring that the new owner is ready to operate these already successful Jimmy John's Gourmet Sandwich locations.
Franchise
This business is an established franchise
Report an Issue with this listing
profile-img
Roy "Te"
Turner
logo-img
Roy "Te" Turner