My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue

Franchise: Lenny's Grill & Subs

Initial Investment
LOW:$188,216
HIGH: $396,146
Change in Units

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
Regional Media

Training Onsite: 196 hours

Training at headquarters: 40 hours

Additional Training: As needed

Absentee Ownership Allowed

Number of employees required to run: 8 - 10

About Lenny's Grill & Subs

Len Moore started out as a busboy and worked his way up to general manager of a restaurant by the age of 18. He continued to work in food service management throughout his life and was one of the earliest Chick-Fil-A franchisees. In 1998, he and his wife Shelia decided to open their own restaurant, a sandwich shop, in Bartlett, Tennessee. Though they only planned for a single unit, the popularity of Lenny's Sub Shop led them to franchise in 2001. After selling the company in 2004, Moore still stayed involved in the business-- this time as Lenny's Sub Shop franchisee.

Founded

1998

Franchising Since

2001 (16 Years)

Corporate Address

8295 Tournament Dr., #200 Memphis, TN 38125

CEO

Kevin Martin

Parent Company

Lenny's Franchise Systems LLC

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Financial Requirements

Initial Investment

$188,216 - $396,146

Net-worth Requirement

$350,000

Liquid Cash Requirement

$75,000

Ongoing Fees

Initial Franchise Fee

$25,000 - $25,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Lenny's 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

Free Franchise Consultation
Fran Choice We've helped over 5,000 people find the right franchise. Get a FREE consultation and find out how you can be next.
Start Now
Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Franchise Articles

Success Speaks For Itself: Whissle Hospitality Group

The co-founders of Whissle Hospitality Group –the company behind F&B brands like Okku, Claw and more in Dubai are all set to take their enterprise to the next level.

Why a Thriving Business Decided to Expand -- by Buying Into Two Franchises

The family behind a landscape company decided to go wider, not deeper, by investing in two different franchise systems.

Krispy Kreme Fell Apart, Then Came Back Strong. Here's How.

At one point, ice cream and soap was sold at the Krispy Kreme locations.

Our 5 Best Franchises in the World

Brands you can depend on across the globe.

Keep It Local: The Importance Of Localizing Your Franchise Approach

Franchising can be one of the most effective ways to amplify business growth. Within the thriving food and beverage category in the region, it is a model that has proved particularly compelling.

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: August 9th, 2017

Reprints & Licensing
Update Your Listing
Submit New Listing