Profitable Lenny's Franchise for Sale with Exceptional Location

This profitable Lennys Grill and Subs Franchise for Sale in the Memphis Area produces over $77,000 in take-home pay with over $672,000 in sales. Make this yours today and tap into a fabulous market ready to explode!
 
This profitable Lennys Grill and Subs Franchise for Sale could not be in a better location in the Memphis area. Located just off an interstate and in a regional shopping center directly on a highly travelled highway. Multiple tenants bring literally thousands of shoppers daily.  There are many hotels, office buildings, and commercial centers in addition to the thousands of homes and apartments.
 
The current owner of this Lennys Grill and Subs Franchise for Sale spent $30,000 in renovations in this long-established restaurant, so it looks and feels like a brand-new store. This particular Lennys has a beer and wine license which is perfect for the 59 seats inside and 4 outside on a patio. We Sell Restaurants can answer any questions you have about this location. 

The rent on this Lennys Grill and Subs Franchise for Sale is only $5,895 for the 1,600 square foot restaurant with a lease that’s good until June 2025, with another 5-year option to renew.  Fully Equipped, this Lennys has everything you need to continue business.  You can buy one day and be in business the next without ever missing a sale! 
 
The current owner own several other businesses and has not been able to devote time to the day-to-day operations. That means opportunity for you to use your marketing and management skills to make this Lennys Grill and Subs Franchise for Sale even more profitable, by increasing sales.  The infrastructure and demographics are there.
 
This Lennys Grill and Subs Franchise for Sale is part of a premier brand that has proven itself with a unique “Philly” style menu, a superb management skillset with excellent support for its franchisees and a reputation with its repeat customers who understand good food and excellent service. With royalties at just 6% of sales and a contribution of 2% for marketing, the levels of support will ensure your success.
 
If you have been looking for a Franchise for Sale, the Memphis area is the perfect market with an area population of 40,000 and a median household income over $110,000, this Memphis market is the perfect demographics for a quality sub franchise.
 
The exceptional Lennys Grill and Subs Franchise for Sale can be yours in a short while. Check it out today.

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Listing

  • Listing#: 7412
  • Price: $234900
  • Location: Memphis
Lease Term: Expires 6/1/2025
Monthly Rent: $5895,
Indoor Seating: 59
Inside Sq. Ft: 1600,
Hood System: Yes
Hours Open: 10:30 AM - 8 PM.
# of Part-Time Employees: 7
# of Full-Time Employees: 5
Net Sales: $672513.00
Owner Benefit: $77538

Features

  • Profitable Lennys Grill and Subs Franchise for Sale Fabulous Location
  • Take Home over $77,000 Annually With This Great Restaurant
  • Beer and Wine License for increased Income Potential
  • Over $30,000 in Renovations done in 2019
  • Hotels, Offices, and Thousands of Homes in the Immediate Area
  • Sub Franchise for Sale in Hot Memphis Market
  • 30% down with SBA Lending
  • Franchise for Sale