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Lennys Grill & Subs Franchise FDD, Costs & Fees (2026)

Lennys Grill & Subs is a fast-casual franchise offering grilled sandwiches, subs, salads, and soups, serving lunch and dinner crowds, and known for freshly prepared items, quality ingredients, and strong local presence.

KEY FRANCHISE STATS

Franchisees

?

58
+
4%
4%
Franchise fee

?

$25,000
Investment

?

$283,000 - $577,000
Revenue (AUV)

?

Undisclosed

$737,000

+
-0.8%
-0.8%
Upgrade

Lennys Grill & Subs is a fast-casual sandwich franchise known for handcrafted deli subs, grilled sandwiches, and authentic Philly cheesesteaks. The brand was founded in 1998 in Bartlett, Tennessee. It is headquartered at 8295 Tournament Drive, Suite 200, Memphis, Tennessee, and operates under the ownership of Lennys Holdings, LLC.

The company began franchising in 2001, marking the start of its expansion beyond the original location. Lennys offers both single-unit and multi-unit franchise opportunities, allowing entrepreneurs to bring its neighborhood-style sub shop to communities across the southeastern and south-central United States.

What sets Lennys apart in the competitive sandwich market is its commitment to freshly baked bread made daily, premium meats sliced to order, and a guest-first culture that defines it as “Your Favorite Neighborhood Sub Shop.”

Initial investment

The initial investment required for a Lennys Grill & Subs franchise is $283,000 - $577,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $25,000 - $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 - $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

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Type of Expenditure Amount
Initial Franchise Fee $25,000 - $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 - $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

Franchise Disclosure Document

Below is Lennys Grill & Subs's 2025 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.

Number of units

Lennys Grill & Subs had 62 total units in 2025, of which 58 were franchised-owned and 4 company-owned.

Frequently Asked Questions

Competitors

Below are some of

Lennys Grill & Subs

key competitors in the

Sandwich

sector.

Franchise
Franchisees
Royalty fee
Total investment
Revenue
Upgrade
EBITDA
Upgrade

58

New
+
4%
4%

6.00%

$283,000

-

$577,000

$737,000

n.a.

$xxx,xxx

n.a.

xx%

n.a.

Training

Lennys Grill & Subs provides a thorough multi-phase training program to ensure franchisees and their managers are fully prepared to run their restaurant operations. This training is mandatory and must be completed before the restaurant opens.

  1. Initial Training Program
    Lennys offers a four-week initial training program at locations designated by the franchisor. The program is available for up to two individuals and includes classroom instruction and on-the-job training. It covers essential areas such as operations, marketing, personnel management, cost control, and purchasing.
  2. On-Site Opening Assistance
    Around the time of the restaurant opening, Lennys may provide on-site support for approximately five to ten days. This post-training assistance helps ensure that franchisees correctly implement learned procedures and open their restaurant successfully.
  3. Continuing Operations Training
    Franchisees and their Certified Managers or Managing Directors are required to attend ongoing training programs such as annual franchise summits. These events occur no more than twice per year and span up to four days each, focusing on operational updates and new initiatives.

Territory Protection

Lennys Grill & Subs provides its franchisees with limited territory protection through a "Protected Radius." This Protected Radius typically ensures that no other Lennys restaurant—whether operated by the franchisor, another franchisee, or an affiliate—will be located within one mile of the approved restaurant location.

However, this protection does not include exclusive rights for catering, delivery services, or sub-franchising within the Protected Radius.

Even within the Protected Radius, Lennys retains significant rights. It may approve restaurants in special venues like airports, stadiums, or shopping malls, even if they fall within another franchisee’s territory.

Competitors

Below are some of Lennys Grill & Subs's key competitors in the Sandwich sector.

Supreme Deli

Franchisees

?

24
+
n.a.
n.a.
Investment

?

$21,000 - $229,000
Revenue

?

Upgrade

Frank & Furter's

Franchisees

?

3
+
n.a.
n.a.
Investment

?

$351,000 - $875,000
Revenue

?

Upgrade

Abu Omar Halal

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$335,000 - $634,000
Revenue

?

Upgrade

Extreme Pita

Franchisees

?

1
+
n.a.
n.a.
Investment

?

$192,000 - $513,000
Revenue

?

Upgrade

Sub-Ology

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$285,000 - $443,000
Revenue

?

Upgrade

Miller's Famous Sandwiches

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$336,000 - $691,000
Revenue

?

Upgrade

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