Lenny's Grill & Subs Franchise for Sale for $25,00

Knoxville, TN
Knox County


Asking Price: Annual Revenue:
$25,000 $273,530

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Lenny's Grill & Subs Franchise for Sale for $25,00 Broker: Robin Gagnon

Quick Facts

Asking Price: $25,000
Annual Revenue: $273,530
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 6
BBN Listing #: 11308096
Broker Reference #: 7591

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Business Overview:

Investor alert! This Lenny's Grill and Subs Franchise for Sale is priced at an unbelievably low price of $25,000. You get a fully operational working business with all equipment for $25,000. Multi-Unit owner ready to retire and said get it sold!

The equipment alone in this Lenny's Grill and Subs Franchise for Sale is worth the asking price. Tables, booths, chairs, signs, proofer, work tables, POS system, security system, smallwares, walk-in cooler, step-in freezer, is just a small portion of the equipment that you get when purchasing this store. The Restaurant Brokers have a complete list of all equipment included.

Located in the Knoxville area this Lenny's Grill & Subs Franchise for Sale is in a large 2,000 square foot space with a great rental rate of only $2,700 per month including CAMs. Lease expires in July of 2020 but there are still options left to renew at this rate. This remodeled store has seating for 67 guests inside, and that much seating is needed with all the foot traffic going on in this shopping center.

In the middle of a high income area this location couldn't be better, there are multiple schools including community colleges within a three mile radius that makes for unlimited marketing opportunities. Staffed with five full-time and one part-time employee including an excellent manager, who are all trained and very knowledgable in the daily operations of this Lenny's Grill and Subs Franchise for Sale. Excellent reviews show they also create a great customer service atmosphere.

No struggle to get it right since the purchase of this Lenny's Franchise for Sale comes with the methods, advertising, assistance and more of a major brand. Franchise training for 3-4 weeks in Memphis will ensure you are confident and educated when you take over. You get the remaining term of the licensing agreement, along with training and support for a fee of $7500.00.

Marketing on this Lenny's Franchise for Sale is handled at the corporate level you get a national brand trademark use, the process and framework for success. Royalty is charged on net sales and it is 6%. The marketing fee is 2 percent of sales.

This Lenny's Franchise for Sale is a steal priced at only $25,000 which is the reason this business will not last long. Contact us to draft an agreement today before you miss out on this incredible opportunity!

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:

28 Chairs 5 Tables 4 Single Booths 6 Double Booths 8 Tables Beverage counter sink 8 Work tables Walk in Cooler Step in Freezer Refrigerated Counters Ice Maker Deli Case Proofer Convection Oven Electric Grill Slicer Signs POS System Computer Security System Smallwares

Market Competition and Expansion:

Great Location in high income area, multiple schools and community colleges in three mile radius, great foot traffic in shopping center

Reason for Selling:

Retirement

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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