Two Franchise Restaurants for Sale in One Package! Won't Last!

Buy two Franchise Restaurants for sale in one package! Be an instant multi-unit owner with Million dollar volume combined. Lenny's Grill and Subs units qualify for SBA lending. 

Dreaming of owning not one, but two restaurants?  Look no more. The Restaurant Brokers have two Lenny's Grill and Subs franchise restaurants for sale in a package deal. Gross sales of $950,000 can be improved with a hands on operator. Current owner is absentee and while the stores deliver $82,474 to the bottom line, food costs are running 36% and labor is 28%.  The stores are only a few miles from each other so both could be improved with better oversight. 

This fast casual concept features hot and cold subs as well as Philadelphia-style cheesesteak customers, and the customers of both of the locations just cannot get enough!  Don't waste time and money building a business from the ground up - get these two Lenny's Grill and Subs franchise restaurants for sale for less than the cost of building out! Both of these locations are open and operating and are ready for a new owner/operator to come the doors!

Great lease locations are right sized and easy to manage.  Location one is 2,350 square feet and has rent including CAMS , taxes and insurance all in of just $3,973.46.  Location two is 2,000 square feet and the rent is $3,982.54.  Both have long term leases with options to renew.  Royalties of just 6% of sales - less than many other brands.  Transfer fee is $7,500 which pays for you to attend their best in class training.  
 
If you aren't familiar with Lenny's Grill and Subs brand, they have made quite a name for themselves! They started in 1998 in Tennessee and quickly expanded - five new locations opened within one year of operation.  After three successful years with six locations, the brand opened their first franchise in 2001. These franchise restaurants for sale are so popular, there's even one in the Memphis International Airport!

Both of these Lenny's Grill and Subs franchise restaurants for sale are located in Mississippi. The new owner/operator will go through an extensive four-week training program and learn the same things taught to a new franchisee. Come up with 20 percent down and these franchise restaurants for sale are yours with for SBA lending! These Lenny's Grill and Subs franchise restaurants for sale will also satisfy the requirements for obtaining an E-2 visa. What are you waiting for? This multi-unit opportunity to own two stores at once won't last long!

Are you interested in obtaining more information on these franchise restaurants for sale or any of our other listings? Call Certified Restaurant Broker, Robin Gagnon at (404) 800-6700, or go to our website and electronically acknowledge confidentiality on the listing for full details and photos. 

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without express permission of We Sell Restaurants. We Sell Restaurants is federally registered trademark.

Listing

  • Listing#: 5752
  • Price: $395,000
Lease Term: Expire May 31 2019 with options to renew | Expires 10/31/2022 with options to renew
Monthly Rent: $
Indoor Seating: 72 | 62
Inside Sq. Ft: 2350 | 2000
Hood System: Yes
Hours Open: Thursday 10:30AM–9PM Friday 10:30AM–9PM Saturday 10:30AM–9PM Sunday 11AM–6PM Monday 10:30AM–9PM Tuesday 10:30AM–9PM Wednesday 10:30AM–9PM
# of Part-Time Employees: 4|4
# of Full-Time Employees: 8| 8
Net Sales: $950,733
Owner Benefit: $90,912

Features

  • Be a multi-unit franchise owner with not one but TWO locations!
  • Buy two Franchise Restaurants for sale in one package!
  • Qualifies for SBA lending with Restaurant Broker Resources when you bring 20% Down
  • Qualifies for an E2 Visa Candidate
  • Combined Volume of nearly 1 Million Dollars
  • Extensive four week training program
  • Franchise Restaurants for sale

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