Lee's Famous Recipe Chicken
Food & Beverage QSRCompany Information
Address
1270 N. Eglin Parkway, Suite C-14 Shalimar, Florida 32579
Website
Tel
Email
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Franchise Summary
Description
Famous Recipe Group, LLC ("FRG") offers franchises for the operation of Lee’s Famous Recipe restaurants featuring a menu of chicken, biscuits, and other complementary items.
Company Background
Founded in 1952, Lee's Famous Recipe Group is a family-owned and operated restaurant franchise company that offers franchises for the operation of Lee's Famous Recipe(R) restaurants. The original recipe was created by Robert E. "Bob" Lee Sr., who wanted to share his culinary skills with others as well as provide them with quality food at an affordable price. Today, we remain committed to these same principles while providing our customers with a great value and memorable experience they can't get anywhere else.
Franchise Opportunity
The restaurant industry is incredibly competitive, and it can be hard to stand out from the crowd. It seems like every town has a dozen different restaurants, all serving up similar menus. How can your restaurant compete and attract customers? Lee's Famous Recipe Chicken offers a unique menu that is sure to please everyone in your family. Our chicken is fresh and never frozen, our biscuits are made from scratch each day, and we offer a variety of sides and desserts that are sure to satisfy everyone's cravings. Plus, our restaurants are clean and comfortable, perfect for any occasion.
Corporate Structure
Famous Recipe Group, LLC (FRG) is a Florida limited liability company that was formed on March 12, 2013. Their principal business address is 1270 N. Eglin Parkway, Suite C-14, Shalimar, Florida 32579. FRG’s parents are Restaurant Advisory Group, LLC.
Royalties and Marketing Fees
Royalties : 4% of Gross Sales for Traditional Stand-alone locations or Streamlined locations; 6% of Gross Sales for Non-Traditional locations
Royalties : 2% of Gross Sales
Royalties : Maximum ? 2% of Gross Sales
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. QSR Industry$1,549,620 / unit
Franchise Type: Standard
Average Revenue During 2021
Franchise Types Available
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Management Team
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Distribution of Lee's Famous Recipe Chicken Franchisees
Lee's Famous Recipe Chicken Franchise System Development in 2022
FAQ
How much investment do I need to start my own Lee's Famous Recipe Chicken business?
Franchisees typically require at least $1 to $2 investment to get their Lee's Famous Recipe Chicken business started
What are the initial franchise fees for Lee's Famous Recipe Chicken?
Franchisees typically need to pay at least $40 in fees directly to Lee's Famous Recipe Chicken in order to earn the right to launch their business
How much money can I make with a Lee's Famous Recipe Chicken franchise? What are
the average revenues for a typical Lee's Famous Recipe Chicken business?
We estimate that the average revenue of an individual
Lee's Famous Recipe Chicken unit is approximately
$1,549,620. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Lee's Famous Recipe Chicken unit? What
is my contractual commitment?
Lee's Famous Recipe Chicken franchisees are typically required to sign up to a
20 year contract initially. The renewal length
is 20 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$1,228,100 to $2,049,400
which is
Much Higher
than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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