Memphis Lenny's Grill & Subs Franchise ReSale

Memphis, TN
Shelby County

Asking Price: Annual Revenue:
$189,000 $577,840

Food & Beverage: Restaurants, Fast Food, Deli

Request More Information
Contact the Seller

RE: Memphis Lenny's Grill & Subs Franchise ReSale Broker: Eric Gagnon

Quick Facts

Asking Price: $189,000
Annual Revenue: $577,840
Net Profit: Not Disclosed
Cash Flow: $97,579
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2001
Employees: 12
BBN Listing #: 67238096
Broker Reference #: 9744

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

You can buy this profitable Lenny's Grill & Subs Franchise for Sale at a fraction of the cost of opening a new store from scratch. With sales over $577,000 this profitable location is earning and owner/operator $97,000! The store recently underwent a $30,000 renovation so it truly turn-key and ready to go! But hurry, this Memphis location is Priced to Sell and will not last! SBA LENDING AVAILABLE for buyers with strong credit.

This Profitable Lenny's Grill & Subs Franchise for Sale has got a great reputation for quality and fresh ingredients and a menu that is been proven over hundreds of locations around the country. Current owner is not in day to day operations of this store, but does have an experienced manager. An owner operator could increase sales and boost earnings even higher!

This Franchise for Sale is located in an 1,800 square foot store with rent of just $5,894 per month and includes everything but utilities. Lease is valid through 2025. Perfectly sized with inside seating for 35 and 4 outside. This particular store also has a Beer and Wine license, which rarely comes with a sub shop! We Sell Restaurants has a complete list of all equipment, and it includes everything you need to start on day on!

Established in 2001 this Lenny's Grill & Subs Franchise for Sale has proven itself as a staple in the neighborhood. A total of twelve employees help to keep this franchise for sale operating. Store hours are daily from 10:30am to 8pm, so no late nights for the owner! This brand offers four weeks of training for new franchisees, and constant help and support.

Buying this Lenny's Grill & Subs Franchise for Sale means you don’t have to go it alone. With royalties at just 6% of sales and a marketing fee only 2%, this sub franchise offers extraordinary support for owners. With a well-known logo and trademark, a fabulous menu that is definitely different than other sub shops, and a proven operating system, you will be guided to success from an experienced management team. All this adds up to a solid $577,000 in annual sales in which you can take home over $97,000.

Located in a Memphis suburb, in a neighborhood strip center with multiple popular tenants and mega-retailers directly adjacent to the store, there’s plenty of traffic making this a highly visible storefront. And, for the thousands of homes, apartments and businesses in the immediate area, this Lenny's Grill & Subs Franchise for Saleis in a great location is extremely convenient and accessible.

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:

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:

Excellent location and high visibility the whole store has been remodeled in the last two years with $30K in improvements

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.

Relevant Links:

Request More Information
Contact the Seller 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!