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FRANCHISE RESALES

Buy a Lennys Grill & Subs Franchise

Lennys Grill & Subs is a fast-casual sandwich franchise built around made-to-order subs, grilled cheesesteaks, salads and grill items. Founded in Memphis in 1998, the brand serves everyday guests looking for fresh, affordable food and warm, table-side hospitality.

The concept operates through neighborhood restaurants that fit a range of retail and strip-center settings. Lennys is part of GOSH Enterprises, the privately held, multi-brand restaurant company owned by Charley Shin, founder of Charleys Philly Steaks. That portfolio also includes Charleys Philly Steaks and BIBIBOP Asian Grill, giving the brand the backing of an established franchising parent.

Most Lennys restaurants are concentrated across the Southeastern and South Central United States, where the brand has built a loyal regional following. What sets it apart in the crowded sandwich segment is its emphasis on authentic ingredients, signature items such as its Philly cheesesteaks and Mile-High Turkey subs, and an attentive style of service uncommon in quick-service dining.

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Why buy a Lennys Grill & Subs Franchise?

Buying a Lennys Grill & Subs franchise offers entry into the resilient sandwich category through a brand that competes on food quality and hospitality rather than price alone. Its signature menu and table-side service model give franchisees a way to build repeat, community-based custom in a segment where many competitors treat speed as the only priority.

Ownership is backed by GOSH Enterprises, whose multi-brand restaurant experience supports purchasing, operations and brand development. The model suits single-unit operators as well as multi-unit and area developers, and it has historically welcomed both experienced restaurateurs and first-time owners. In a category that has stayed steady across economic cycles, an established neighborhood location with a known guest base can be appealing.

Lennys Grill & Subs Franchise Costs & Information

Based on 2024 data reported in the 2025 FDD

  • Brand Profile

    • Year Founded

      1998

    • Franchising Since

      2012

    • New Startup Cost

      $283,209 – $577,426

    • Avg. Resale Price

      Contact us for details

  • Franchise Fees

    • Initial franchise Fee

      $25,000

      for new territories

    • Transfer Fee

      $10,000

    • Royalty Fee

      6%

      of weekly Gross Sales

    • Marketing Fee

      2%

      of weekly Gross Sales

  • Unit Performance

    • Total Units *

      62

    • New Units Opened *

      1

    • Units Transferred *

      6

    • Avg. Unit revenue *

      $824,588

    * Based on 2024 data reported in the 2025 FDD

Lennys Grill & Subs – Additional  Information

  1. Training & Support

    New franchisees complete a five-week program built around four weeks of hands-on training in a certified training restaurant and one week at the Lennys Management Institute and Restaurant Support Center in Memphis, covering every station from cashier to the grill. Ongoing support includes monthly visits from a Franchise Business Coach, digital and print marketing assistance, and access to an online education platform of video tutorials. Buyers of an existing Lennys unit should confirm what transfer training and Restaurant Support Center access the franchisor provides to incoming owners and new staff.

  2. Ideal Owner

    Lennys suits hands-on local operators who enjoy being present in a fast-paced restaurant and leading a team. Day-to-day ownership centers on managing staff, controlling food and labor costs, maintaining quality and consistency, and building guest relationships that drive repeat visits. Restaurant or food-service experience helps but is not required, as the brand has developed first-time owners into strong performers. Marketing-minded operators who engage with their community and value hospitality tend to fit the model best.

  3. Recognition & Awards

    Lennys Grill & Subs has earned recognition for franchisee satisfaction and food quality. Franchise Business Review named it a Top Food Franchise in 2019 and 2020, following its 2018 listing among the Top 30 Food and Beverage Franchises, where it posted a franchisee satisfaction score of 77.2, above the industry average. It has also been nominated in the USA TODAY 10Best Readers' Choice Awards for Best Sandwich or Sub Shop. For resale buyers, brand recognition should be weighed alongside the specific location's local reviews and community standing.

  4. Industry / Market

    Lennys competes in the US sandwich and sub restaurant industry, valued at roughly $42 billion in 2025 (IBISWorld) across more than 30,000 establishments nationwide. Demand is supported by consumer preference for fresh, customizable, affordable food and the convenience of quick service. The category has proven steady through economic cycles, though sandwich franchising is competitive and unit performance depends heavily on location, local competition and execution. For resale buyers, a restaurant's specific trade area matters more than national figures.

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