In 2023, how many Lees Famous Recipe outlets were open at the start of the year?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Start of the Year | of the Year | Net Change |
|---|---|---|---|---|
| Franchised and | 2022 | 124 | 114 | -10 |
| Licensed | ||||
| 2023 | 114 | 106 | -8 | |
| 2024 | 106 | 93 | -13 | |
| Company-Owned | 2022 | 4 | 12 | +8 |
| 2023 | 12 | 17 | +5 | |
| 2024 | 17 | 33 | +16 | |
| Total Outlets | 2022 | 128 | 126 | -2 |
| 2023 | 126 | 123 | -3 | |
| 2024 | 123 | 126 | +3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 66–69)
What This Means (2025 FDD)
According to Lees Famous Recipe's 2025 Franchise Disclosure Document, at the start of 2023, there were a total of 126 outlets open. This total is comprised of 114 franchised and licensed outlets, along with 12 company-owned outlets.
During 2023, the number of franchised and licensed Lees Famous Recipe outlets decreased by 8, while the number of company-owned outlets increased by 5. This resulted in a net decrease of 3 total outlets during the year. By the end of 2023, there were 106 franchised and licensed locations and 17 company-owned locations, for a total of 123 outlets.
Prospective franchisees should note the changes in outlet numbers, as this can be an indicator of the overall health and growth of the Lees Famous Recipe franchise system. It is important to further investigate the reasons behind outlet closures or transfers to fully understand the dynamics within the franchise.