factual

What expenses are included in 'Utilities' for a Lees Famous Recipe restaurant?

Lees_Famous_Recipe Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. "Utilities" includes all expenses related to electric, gas, water and sewer, internet, telephone, and garbage.

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 59–66)

What This Means (2025 FDD)

According to the 2025 Lees Famous Recipe Franchise Disclosure Document, the 'Utilities' category encompasses a specific set of expenses. These include costs for electric, gas, water and sewer, internet, telephone, and garbage disposal services.

For a prospective franchisee, understanding which expenses fall under 'Utilities' is crucial for accurate budgeting and financial forecasting. By knowing what is included, franchisees can better estimate their operating costs and assess the potential profitability of their Lees Famous Recipe location. This also allows for comparison against industry benchmarks and identification of areas where costs might be optimized.

It's important to note that these utility expenses are just one component of the overall operating costs for a Lees Famous Recipe franchise. Other significant expenses include cost of goods sold, labor, marketing, and occupancy costs. A comprehensive understanding of all these expenses is essential for making informed decisions about investing in a Lees Famous Recipe franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.