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: