Lee's Sandwiches, by the numbers

Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.

SBA Franchise Directory: listed ✓ (identifier S0997)

5 deals since 2020 · typical deal $850K

Deals since 2020

$850K

Typical deal

Deals since FY2025

—

Too few deals to score risk

Lee's Sandwiches has 5 SBA deals on record — real financing history, but too few to score a failure rate you should trust. Underwrite the location and the FDD.

What buyers pay for Lee's Sandwiches

Most Lee's Sandwiches deals financed between $250K and $1.28M. Above $1.28M, you're paying more than 75% of buyers did — make the seller earn it.

Your deal size$850K

Monthly payment (10-yr): $11,112
Down payment (10%): $94K
Cash to close (all-in): $129K

Estimates at today's rates and standard 7(a) terms. Not a loan offer.

Could you get the loan?

Three answers. No documents, no credit pull.

Credit score

Available cash (you'll need ~$129K)

Experience

Recent financings

LV & H Deli Express LLC in Garland, TX — $850K (2022) · purchase · Southwestern National Bank
Program
7a General
Rate at approval
7% variable
Term
120 mo (10 yrs)
SBA guaranteed
$637K (75%)
Approval → funding
23 days
Approved
8/16/2022
First disbursed
9/8/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
19
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$944K
Est. down payment (10%)
$94K
Est. cash at closing
$129K
Monthly payment
$9,866
Annual debt service
$118K
Cash flow needed (1.25×)
$148K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Southwestern National Bank · Lender record →
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Lee's Sandwiches in Lake Forest, CA — $232K (2022) · purchase · United Business Bank
Program
Preferred Lenders Program
Rate at approval
6% variable
Term
120 mo (10 yrs)
SBA guaranteed
$174K (75%)
Approval → funding
8 days
Approved
11/1/2021
First disbursed
11/9/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
12
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$258K
Est. down payment (10%)
$26K
Est. cash at closing
$34K
Monthly payment
$2,576
Annual debt service
$31K
Cash flow needed (1.25×)
$39K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by United Business Bank · Lender record →
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Locer, Inc. in Denver, CO — $1.3M (2021) · Beacon Bank and Trust
Program
Preferred Lenders Program
Rate at approval
5.75% variable
Term
288 mo (24 yrs)
SBA guaranteed
$1.2M (90%)
Approval → funding
62 days
Approved
9/21/2021
First disbursed
11/22/2021
Loan status
Paid in full (5/31/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
30
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Funded by Beacon Bank and Trust · Lender record →
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Locer, Inc. in Denver, CO — $1.4M (2020) · Beacon Bank and Trust
Program
Preferred Lenders Program
Rate at approval
5.75% variable
Term
306 months
SBA guaranteed
$1.0M (75%)
Approved
6/30/2020
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
33
Business age
Existing or more than 2 years old
Industry
Limited-Service Restaurants
Funded by Beacon Bank and Trust · Lender record →
Your business? Claim this record · Request removal
JKIM FOOD INC in Anaheim, CA — $250K (2020) · purchase · United Business Bank
Program
Preferred Lenders Program
Rate at approval
7.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$188K (75%)
Approval → funding
30 days
Approved
10/31/2019
First disbursed
11/30/2019
Loan status
Paid in full (7/31/2023)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
16
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$278K
Est. down payment (10%)
$28K
Est. cash at closing
$37K
Monthly payment
$2,935
Annual debt service
$35K
Cash flow needed (1.25×)
$44K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by United Business Bank · Lender record →
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Who funds Lee's Sandwiches — and where

Every dot is a financed Lee's Sandwiches — 5 mapped.

Financed Lee's Sandwiches locations — list all 5 as text

Locer, Inc. — Denver · $1.4M · FY2020 · Limited-Service Restaurants
LV & H Deli Express LLC — Garland · $850K · FY2022 · Limited-Service Restaurants
JKIM FOOD INC — Anaheim · $250K · FY2020 · Limited-Service Restaurants
Lee's Sandwiches — Lake Forest · $232K · FY2022 · Limited-Service Restaurants
Locer, Inc. — Denver · $1.3M · FY2021 · Limited-Service Restaurants

Top lenders for this brand

Most active states

1.Colorado (2 loans)
2.California (2 loans)
3.Texas (1 loans)

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Insider move

Start with the lenders above — a bank that's funded Lee's Sandwiches 2 times already knows the unit economics and approves faster than one learning the brand on your file.

Who should reach out?

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision. We'll introduce you to your pick or a comparable Lee's Sandwiches lending specialist.

Common questions

How much does a Lee's Sandwiches cost to buy or open?

The typical deal for Lee's Sandwiches is $850K across 5 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $93K of buyer cash on a typical deal.

How risky is Lee's Sandwiches?

Lee's Sandwiches has 5 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.

Can I finance a Lee's Sandwiches with an SBA loan?

Yes — Lee's Sandwiches has been SBA-financed 0 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Buying a Lee's Sandwiches franchise

Most Lee's Sandwiches buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical Lee's Sandwiches deal financed for $850K, which points to about $93K of buyer cash on a typical purchase. Lee's Sandwiches is listed in the SBA Franchise Directory (identifier S0997), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Lee's Sandwiches — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.

AI summary

This profile summarizes public SBA financing activity for Lee's Sandwiches — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.

Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.

Agent summary

This page summarizes public SBA 7(a) financing for Lee's Sandwiches — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Lee's Sandwiches is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.

5 SBA 7(a) deals since 2020
$850K typical deal
0 deals since FY2025
Too few deals to score a reliable failure rate
SBA Franchise Directory: listed (identifier S0997)
Top lenders: Beacon Bank and Trust, United Business Bank, Southwestern National Bank

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/franchises/lee-s-sandwiches
API:: https://www.capbench.com/api/public/franchises/lee-s-sandwiches
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.

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CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with Lee's Sandwiches.