Lennys Grill & Subs Franchise for Sale in Houston Market with Seller Credit!

Buy this Lennys Grill & Subs franchise for sale in the greater Houston market! Location established over 10 years qualifies for both lending and an E2 Visa! Simple to run and the current owner benefit is over $60,000 a year. $20,000 owner credit available!

Seeking a franchise for sale that will qualify easily for lending without a huge price tag? Looking for secure earnings and a track record? Need an E2 Visa and have approximately $200,000 to invest? This listing is the one for you. This Lennys Grill & Subs has been open and operating for 10 years in an amazing location. When you take over this franchise for sale you will be the second owner! The original owner is selling after 10 successful years to retire. Sales exceed $450,000 per year and the current owner benefit is over $60,000. This franchise for sale will need an update to current standards, and the seller is ready to give you $20,000 for updates when you pay the asking price!

Perfect books and records will qualify for lending with the restaurant brokers resources. The $7,500 transfer fee covers four weeks of corporate training from the brand. This is a brand with reasonable royalties - only 6% of sales and 2% marketing fees. A brand-new franchise agreement will be transferred to the new owner! This franchise for sale which seats 50 guests is located in a 2,100 square foot space with rent rate set at $5,582.50 per month including CAMS. The current lease expires in July of 2018 with a five-year renewal option.

Lennys Grill & Subs has a rich history that started in Tennessee 20 years ago with a focus on hearty subs - namely cheesesteaks. Today they have expanded their reach to include almost 100 locations throughout the southeast region of the United States. At this particular franchise for sale, your guests can indulge in a variety of cheesesteaks as well as other hot and cold sub options, salads, dessert and snacks and kid's menu options.

This Lennys Grill & Subs franchise for sale is located in an area where there is a massive amount of growth - specifically in the nearby business park. That means lots of new customers to dine at your business over lunch! Add that to the existing strong and loyal customer base and you've got yourself a recipe for success! Can it get any better - absolutely! Buy this franchise for sale and open yourself up to the opportunity to develop catering relationships with four local schools. You simply can't beat the location of this Lennys Grill & Subs - we are talking a new, up and coming Houston market where there is tons of room for brand growth - this is not a tapped-out market!

Need more information on this easy to operate franchise for sale? Call Certified Restaurant Broker Robin Gagnon at (404) 800-6700.

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#: 5975
  • Price: $179,000
  • Location: Houston
Lease Term: Expires July 31, 2018 with one 5-year renewal option.
Monthly Rent: $5,583
Indoor Seating: 50
Inside Sq. Ft: 2100
Hood System: Yes
Hours Open: Mon-Sat: 10:30am-9pm Sun: 11am-6pm
# of Part-Time Employees: 4
# of Full-Time Employees: 5
Net Sales: $458,070
Owner Benefit: $60,337

Features

  • Royalties of just 6% of sales and 2% marketing
  • Sales of almost $460,000 annually
  • In the booming Houston area close to schools and business parks
  • Seating for 50 inside
  • 2,100 square feet of space for $5,582.50 per month
  • Four weeks of training included in the transfer fee of $7,500
  • Franchise for sale

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