Lennys Grill & Subs Franchise FDD, Profits & Costs (2025)

Lennys Grill & Subs is a fast-casual restaurant franchise specializing in freshly made deli subs, grilled sandwiches, and classic Philly cheesesteaks. Established in 1998 in Bartlett, Tennessee, the brand is now headquartered at 8295 Tournament Drive, Suite 200, Memphis, Tennessee, and operates under the parent company Lennys Holdings, LLC.

The brand entered franchising in 2001, beginning its growth beyond its first shop. Today, Lennys offers both single-unit and multi-unit franchise options, giving business owners the opportunity to introduce its community-oriented sub concept throughout the southeastern and south-central regions of the United States.

Lennys Grill & Subs stands out in the sandwich industry for its dedication to freshly baked bread prepared daily, premium meats sliced to order, and a welcoming, customer-focused atmosphere that embodies its slogan, “Your Favorite Neighborhood Sub Shop.”

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Initial Investment

How much does it cost to start a Lennys Grill & Subs franchise? It costs on average between $283,000 – $577,000 to start a Lennys Grill & Subs franchised restaurant.

This includes expenses related to restaurant build-out, kitchen equipment, initial food and supply inventory, and early operational costs. The total investment varies based on several factors, such as the size and layout of the Lennys Grill & Subs restaurant, its geographic location, and whether the franchisee decides to lease or purchase the property.

Type of ExpenditureAmount
Initial Franchise Fee$25,000
POS System, Kiosks System and related equipment$16,209 – $20,426
Training$2,500 – $8,000
Pre-Opening & Opening Marketing (over 3 months)$10,000
Insurance$2,500 – $7,000
Deposits, Utility Deposits & Other Prepaid Expenses$1,000 – $7,000
Leasehold Improvements$100,000 – $210,000
Furniture, Fixtures, Equipment, Décor Package & Smallwares$90,000 – $225,000
Professional Fees (Attorneys, Architects, Engineers)$10,000 – $20,000
Signage$6,000 – $15,000
Additional Funds (Three Month Period)$20,000 – $30,000
Total$283,209 – $577,426

Average Revenue (AUV)

How much revenue can you make with a Lennys Grill & Subs franchise? A Lennys Grill & Subs franchised restaurant makes on average $737,000 in revenue (AUV) per year.

Here is the extract from the Franchise Disclosure Document:

Lennys Grill & Subs fdd item 19 extract

Lennys Grill & Subs Franchise Disclosure Document

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Frequently Asked Questions

How many Lennys Grill & Subs locations are there?

As of the latest data, Lennys Grill & Subs has about 62 locations in the U.S

What is the total investment required to open a Lennys Grill & Subs franchise?

The total investment required to open a Lennys Grill & Subs franchise ranges from $283,000 to $577,000.

What are the ongoing fees for a Lennys Grill & Subs franchise?

Lennys Grill & Subs franchisees pay a 6% royalty fee on gross sales and a 2% advertising fee, which supports the brand’s marketing and promotional activities.

Who owns Lennys Grill & Subs?

Lennys Grill & Subs franchise is owned by Lennys Holdings, LLC, a company based in Memphis, Tennessee.

Disclaimer

Disclaimer: This content has been made for informational and educational purposes only. SharpSheets is an independent educational resource and is not affiliated with, endorsed by, or representing any franchisor mentioned on this website. Where noted, figures are taken from the franchisor’s Franchise Disclosure Document (FDD). In some cases, we may provide independent calculations or estimates based on publicly available information. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.

All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

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