Lennys Grill & Subs
Subs, Philly cheesesteaks, salads
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Lennys Grill & Subs
Subs, Philly cheesesteaks, salads

About
Founded

1998

Franchising Since

2001 (18 Years)

Corporate Address

8295 Tournament Dr., #200
Memphis, TN 38125

CEO

Kevin Martin

Parent Company

Lenny's Franchise Systems LLC

Financial Requirements
Initial Investment

$188,216 - $396,146

Net-worth Requirement

$350,000

Liquid Cash Requirement

$75,000

Ongoing Fees
Initial Franchise Fee

$20,000 - $25,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Lennys Grill & Subs has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives

$5,000 off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

162 hours

Classroom Training:

40 hours

Additional Training:

As needed

Absentee Ownership Allowed
Number of Employees Required to Run:

8 - 10

Bio
The first Lennys restaurant opened in Memphis, Tennessee, in 1998. Known for its signature Philly cheesesteaks, as well as grilled sandwiches, deli sandwiches, and salads, Lennys Grill & Subs uses breads baked fresh daily, meats sliced to order, and freshly prepared toppings.
Cost
Initial Investment: Low - $188,216 High - $396,146
Units
-6.1%-6 UNITS (1 Year) -17.1%-19 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

What You Need to Know Before Investing in a Chick-fil-A Franchise (60-Second Video)

Three things to know about one of the world's most successful franchises.

Start a Franchise for Less Than $10,000 (60-Second Video)

Get started without breaking the bank.

Natural Disasters Are On The Rise. That's a Big Business Opportunity.

The increase of hurricanes, floods and fires worldwide has created increased demand and opportunity for brands and franchises in the restoration space.

The Best Franchise Brands Of 2019, By Category

We ranked the top categories to highlight the best 104 franchise brands.

Digital Marketing Strategies for Existing and Aspiring Franchise Owners

Business owners these days have started to opt for digital marketing, realizing the benefits it can bring to their ventures

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: July 11th, 2018