According to the 2025 FDD, as of December 31, 2024, Lees Famous Recipe had operating lease liabilities of $13,932,603. The company leases multiple properties in Kentucky, Indiana, Illinois, Missouri, Florida, and Ohio. These properties include the corporate headquarters, a satellite office, and company-owned restaurants.

Operating leases represent the company's obligation to make lease payments for the right to use an asset. For a prospective franchisee, understanding the lease obligations of the franchisor can provide insight into the financial health and stability of Lees Famous Recipe. It's important to note that these lease liabilities contribute to the overall debt and financial obligations of the company.

The FDD also indicates that the ROU (Right-of-Use) assets related to these operating leases were valued at $13,485,495 as of the same date. The operating lease expense for the year ended December 31, 2024, was $1,526,292. These expenses are recognized as lease expenses in the period they are incurred. Franchisees should consider these figures in the context of the company's overall financial performance and how effectively Lees Famous Recipe manages its lease obligations.