Profitable Lenny's Franchises ReSale

Not Disclosed, TN
Shelby County

Shelby County


Asking Price: Annual Revenue:
$379,000 $1,317,388

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Lenny's Franchises ReSale Broker: Eric Gagnon

Quick Facts

Asking Price: $379,000
Annual Revenue: $1,317,388
Net Profit: Not Disclosed
Cash Flow: $103,605
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 12
BBN Listing #: 62508096
Broker Reference #: 7707

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Business Overview:

These profitable Lennys Grill and Subs Franchises for Sale in the Memphis Area produces just over $100,000 in take-home pay with over $1.3 Million in sales. Make this two store package yours today and become a multi-unit owner with a great income.

These profitable Lennys Grill and Subs Franchises for Sale could not be in a better location in the Memphis area. Both locations are situated in great spots and with sales over one million combined it shows!

The current owner of these Lennys Grill and Subs Franchises for Sale spent $30,000 in renovations in one of the locations so that particular one looks and feels like a brand-new store. Both locations have a beer and wine license which is perfect for the customers to enjoy. One location has 59 seats inside and 4 outside on a patio, and the other has inside seating for 35 and a patio that seats 4. We Sell Restaurants knows a winning brand when they see it and this multi-unit has it all!

The rent on one of these Lennys Grill and Subs Franchises for Sale is only $5,895 for the 1,600 square foot restaurant with a lease that’s good until June 2025, with another 5-year option to renew. The other location is close to 2,000 square foot and a great rent of only $5,500 with a five year lease remaining. Fully Equipped, both Lennys has everything you need to continue business. You can buy one day and be in business the next without ever missing a sale!

The current owner own several other businesses and has not been able to devote time to the day-to-day operations of these stores. That means opportunity for you to use your marketing and management skills to make these Lennys Grill and Subs Franchises for Sale even more profitable, by increasing sales.

This Lennys Grill and Subs Franchises for Sale is part of a premier brand that has proven itself with a unique “Philly” style menu, a superb management skillset with excellent support for its franchisees and a reputation with its repeat customers who understand good food and excellent service. With royalties at just 6% of sales and a contribution of 2% for marketing, the levels of support will ensure your success.

If you have been looking for a profitable package of multi-unit Franchises for Sale, the Memphis area is the perfect market with an area population of 40,000 and a median household income over $110,000, this Memphis market is the perfect demographics for a quality sub franchise.

Two locations, over a million in sales, great market, and impressive owner earnings all add up to a great recipe! These exceptional Lennys Grill and Subs Franchises for Sale can be yours. Check it out today.

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:

Memphis Store 3 Registers POS Bank Anyshop Prime 3 Credit card readers VeriFone 3 Barcode readers Datalogic Quickscan 6 Printers Epson Office computer AT5 2 section undercounter refrigerator 2 True 2 door prep table Slicer Hobart Backup Slicer Berkle Bread box Grill Vulcan Ovens Silver Star 2 Freezers Coke cooler Fountain brand coke Ice maker brand Manitowa Tea maker Scale Panasonic Phone 2 Steam Wells 2 Microwaves Proofer Bacon lamp 4 TVs Mini fridge Cordova Store Open sign 4 TVs Coke fountain 2Coke coolers Bacon lamp Bread box Tea maker Ice Maker Manitowoc 3 POS Bank Registers Office computer Lenovo 6 Printers 3 Verifone Credit card readers 3 Datalogic Barcode scanners Scale Hobart slicer Backup Globe slicer Brand: Globe 3 True sandwich refrigerators Steamwell 2 Microwaves 2 Vulcan Ovens 3 Freezers Proofer Brand metro Phone Vtech Security monitor RADIO Technics Grill APW Wyatt

Market Competition and Expansion:

the whole store has been remodeled this year ($30,000) in improvements. Located within a 1/2 mile from a major interstate highway and near many office buildings, a hospital and thousands of homes and apartments. Highly visible in a shopping center with multiple traffic-generating tenants.

Reason for Selling:

Personal

Additional Details:

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

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