Restaurant Broker Dominique Maddox of EATS Broker sells Lenny’s Subs & Grill in Humble, Texas. EATS Broker represented the seller and buyer for this transaction.
The seller had owned the location for 16 years before deciding to sell and retire. The new buyers are excited about the opportunity to own a restaurant in the United States. They were approved for an E-2 visa to purchase the franchise.
The E-2 Investor Visa allows an individual to enter and work in the United States based on an investment in a U.S. business. The E2 visa is valid for three months to five years and can be extended indefinitely. The investment must be “substantial,” although no legally defined minimum exists.
The city of Humble is home to some of the best-hidden gems in Texas. Rich in history, and located only 20 minutes from Houston, it’s known for the diverse community and family-friendly events and recreational areas.
Texas Restaurant Broker Dominique Maddox says, “to see someone have the ability to purchase a restaurant in America.
Receive an E-2 visa and start living the American Dream of business ownership is one of the reasons I’m in the business”.
The buyers plan to upgrade the restaurant with some visual changes and work in the restaurant daily as the Owner/Operator. Multiple members of the family plan to work in the business. If you are in the area stop by to grab a sub!
The buyers were trained to operate the restaurant in Memphis, TN, at the headquarters for Lenny’s Grill and Subs.
EATS Broker would like to thank Lenny’s Subs and Grill franchise development department for all the help in getting this deal to the closing table. The Franchise Department team made the process simple.
For more information on the restaurant market and other available consulting services or a complimentary restaurant valuation, contact Dallas Restaurant Broker Dominique Maddox at 404-993-4448 or email at [email protected]. Visit our website at www.EATSbroker.com.
