Food & Restaurant Franchise Review
Food & Restaurant Franchise Opportunity - Food & Restaurant Franchise Business for Sale
Lenny’s Sub Shop
It starts with outstanding food…
Lenny’s believes in huge portions, fresh products and premium ingredients.
We bake our bread fresh each morning and slice all meats and cheeses to order. Our portions are some of the largest in the sub sandwich segment. Our regular sub is 7.5 inches long and contains almost a half-pound of meats and cheeses. Our large sub is 15 inches and contains almost a full pound of meats and cheeses. Our cheesesteaks are cooked fresh to order and delivered hot off the grill. We believe they are one of the best Philly cheesesteaks you’ll ever try.
…add a touch of the Lenny’s Magic
At Lenny’s, we are a simple concept in a wholesome environment and our employees have great personalities. We have implemented many subtle touches to ensure better guest experiences, including larger tables, bigger booths, no trash cans and hand delivered beverage refills. Combine this with great food and we call this the Lenny’s Magic. It helps create a better dining experience, differentiates us in the sub sandwich industry and promotes brand loyalty among our guests.
Function of the owner
Our franchisees provide the personality in the “More Food, More Taste, and More Personality” system of Lenny’s. Our investor franchisees come from a diverse background and expertise in sales is encouraged, our owner operator usually has significant experience in the food industry. Their role is to grow the Lenny’s customer base in a given area and provide leadership to their store or stores management team.
Background
Year Established: 1998
Year First Franchised: 2001
Franchised Units: 161
Company Owned Units: 1
Projected New Units (12 months): 50
States/Countries Registered In: United States only (except Maryland)
Availability in Canada: No
Financial/Terms
Single Unit
Cash Investment: $150K
Total Investment: $210K - $348.5K
Minimum Net Worth: $400K
Franchise Fee: $20K - $25K
Discounts: VetFran, Minority Fran
VetFran Program Participant: Yes
Royalty: 6%
Ad: 2%
Average # of Employees: Fixed- 1 General Manager, 2 Shift Leaders, 12 variable staff
Passive Ownership Allowed: Yes
Earnings Claim: Yes
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