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Lenny's Sub Shop - New Franchises Available for Sale in Texas

Reference #: 42060052
Location: Texas
Price: $137,000
Amount Down: $40,000
Revenues: $1
Discretionary Earnings: $0
Total Assets: $0
Business Description: Over 150 units open nationwide, with multiple territories available for development in the greater Dallas / Ft. Worth metro area and throughout Texas.
The first Lenny's Sub Shop® opened in 1998 in a suburb of Memphis, TN to satisfy cravings for authentic subs and Philly Cheesesteaks.
Lenny's is the only place to find Authentic Philly Cheesesteaks & The Deli Fresh ExperienceTM. We slice our meats and cheeses fresh to order and pile them high on fresh baked bread. With about a half pound of meat and cheese on the regular size sub, and about a full pound on the large size sub, Lenny's provides an unmatched value for our guests' hard earned dollars. Our Philly Cheesesteak is cooked fresh to order and is served hot off the grill.
Lenny's commitment to its guests is clear - More Food, More Taste, More Personality®. Lenny's commitment means that substantial portions, quality produce and great customer service can be found in every Lenny's Sub Shop®.
Training & Support
• 5-Day Lenny's University
• 20-Day Restaurant Skills Training
• Area Franchise Advisor and Area Marketing Advisor assigned to each restaurant for ongoing training and support
• Opening team support for operations and marketing
A minimum of five weeks of training is provided for you and two other key people from your organization. Training is currently conducted at our corporate office in Memphis and our designated training restaurant.
Site Selection Assistance Provided
Lease Negotiation Assistance Provided
Cooperative Advertising
Construction Assistance Provided

Franchise Requirements
While having prior restaurant experience is certainly an advantage, many of our franchisees never had any restaurant experience.
Our concept is highly teachable and we do an outstanding job of training our franchisees how to run their business. We look for well capitalized entrepreneurs actively involved in their own success.
Investment ranges from $137K to open a new store, plus working capital. Minimum net worth requirement is $400K, with a minimum of $40K in liquid capital available for investment.
Average Location Size: 1600 - 2000 square feet. 

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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.