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NATIONAL FRANCHISE SANDWICH RESTAURANT

Seller: Attn: Len Krick
Location: Las Vegas, NV, USA
Listing Number: "LASVENV001-N556"


Asking Price: $249,000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Other business interests.
Year Established: 2002
Number of Employees: 11
Yearly Revenue: $455,637
Yearly Cash Flow: $53,311
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

Premiere Las Vegas Gourmet Sandwich National Franchise. Jimmy Johns is a respected Gourmet Sandwich Franchise with over 500 locations in 35 states. This location is one of only 5 in the Las Vegas Market and has huge upside potential. The current owner owns 3 locations and would sell one, or all at the same time. All 3 Jimmy Johns are in high visibility locations and maintained in “like new” condition. Seller can demonstrate that an owner-operator could easily earn over $50,000 per year in each location without any increase in revenue. Due to a lack of marketing and owner operator involvement, these Jimmy Johns are performing at yearly revenue approximately half of the national average. Building these locations up to the national average with catering and delivery could increase the bottom line in each location to over $200,000 each. These locations are ready to be managed but an active owner operator and offer a unique opportunity to own a respected Franchise for just 50% down. The Seller is highly motivated and is willing to carry up to 50% for the right buyer. Additional future locations in the Las Vegas Valley may also be available.


Property Features and Assets:

High visibility locations and maintained in “like new” condition.


Market Competition and Expansion:

This location is one of only 5 in the Las Vegas Market and has huge upside potential. Building these locations up to the national average with catering and delivery could increase the bottom line in each location to over $200,000 each.


Additional Details:


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