Established Lenny's Franchise Resale in Memphis

Memphis, TN
Anderson County


Asking Price: Annual Revenue:
$210,000 $693,233

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Established Lenny's Franchise Resale in Memphis Broker: Robin Gagnon
License #: 327379 FL SL3186444

Quick Facts

Asking Price: $210,000
Annual Revenue: $693,233
Net Profit: Not Disclosed
Cash Flow: $80,201
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 11
BBN Listing #: 38188096
Broker Reference #: 6776

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Established Lenny's Grill and Subs Franchise for Sale has been a Town Favorite for Almost 20 Years! With Raving Online Reviews, it’s No Wonder this Gem Generates Top Line Sales close to $700,000 with an Owner Benefit of almost $80,000!

Located in the heart of Memphis, this Lenny's Grill and Subs franchise for sale has been around since the start of the new millennium! With a loyal customer base of regulars, this restaurant is guaranteed to be around for another 20 years!

Set right off a busy exit that feeds from a bustling interchange off an interstate, this Lenny's Grill and Subs franchise for sale is not short on customers. In fact, they once advertised on a billboard on the interstate and it brought it heaps of customers. Due to them selling the restaurants, they decided to not renew their advertisement contract, but this billboard space could be a great investment considering the location!

Interstates and billboards aside, there are also plenty of neighbors that contribute to their success; Multiple government offices, a barrage of hotels, banks, apartment complexes, a plethora of outdoor and indoor shopping centers, over TEN different schools, and so much more! By implementing direct mail advertising and offering delivery and discounts at the local hotels and schools, you could double your take-home revenue in just a few years!

Even if you don’t quite have the dollars to follow your dream – don’t fret! This profitable Lenny's Grill and Subs Franchise for sale qualifies for SBA lending! We Sell Restaurants has built a strong rapport with many lenders and can help you get approved in days, not weeks!

This mega-brand is one of the top performers in the country with a loyal following. Become your own boss without going into business alone! For use of their instantly recognizable trademark, award-winning fresh recipes, and proven successful methodology, there is a 6% of sales royalty fee. They will also send you materials to promote your new Lenny's Grill and Subs Franchise for sale (both nationally and locally), for which there is only a 2% marketing fee. This is a household name, which is why this business delivers over $80,000 and sales of almost $700,000.

The owner has put his heart and soul into this Lenny's Grill and Subs Franchise for sale and wants to find someone with the same zeal and energy that brought him to open the restaurant in the first place. Featuring a gorgeous 2000 square foot build-out, the monthly rent of only $4,127 is extremely reasonable. That includes taxes, insurance, and CAMS!

With the fantastic location, the backing of a mega-brand, and the phenomenal lease rate – this gem won’t stay buried for long! Contact the restaurant brokers today and start securing your tomorrow!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Refrigeration Deli case 4 door True Prep table 2 door Maxx Cold Prep table 1 door True Can display glass 2 door True Walk in cooler Ice machine Koolaire 2yrs old 2 single door Freezer Kenmore 1 single door Freezer Artic air Slicer Berkel 2 Convection oven South bend Bread proofer Metro Steamer Metro Star Grill and flat top Soda dispenser with pump and CO2 tank Tea brewing machine 2 8ft booths w table 8 4ft booths w table 6 square tables 24 chairs POS system 2 terminals and back office computer Safe 7 stainless steel prep tables 2 hand sink Mop sink 3 bin sink Bread display box 3 Bread racks

Market Competition and Expansion:

In the center of a large shopping center and a lot of traffic around the general area. Many regulars and repeat customers have been coming here for a long time

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!