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 $95,000! 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 $95,000.
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 Sale is in a great location is extremely convenient and accessible.
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This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
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