factual

Is financing available for the Computer System at Lees Famous Recipe?

Lees_Famous_Recipe Franchise · 2025 FDD

Answer from 2025 FDD Document

cific recipes must be able to be loaded into the system in order to obtain an "ideal usage" report along with an "actual usage" report and an "ideal food cost" report. (Franchise Agreement – Section 6(G))

We estimate the cost of purchasing the Computer System to be between $1,000 and $2,000 and we estimate the cost of purchasing the POS System to be between $30,000 and $40,000. We currently require you to purchase certain back-office software from our approved vendor, which currently costs between $100 and $200 per unit per month, and includes software for inventory management, food cost management, and other features. We currently do not require you to purchase other components of the computer system from an approved vendor, but reserve the

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 34–47)

What This Means (2025 FDD)

According to Lees Famous Recipe's 2025 Franchise Disclosure Document, financing for the Computer System may be available from designated suppliers. The estimated cost for the computer system ranges from $1,000 to $2,000, while the POS system is estimated to cost between $30,000 and $40,000.

The FDD also states that franchisees must purchase or lease a POS System approved in writing by Lees Famous Recipe. Currently, the only approved POS system is Focus POS. The POS system is responsible for managing daily workflow, coordinating customer orders, tracking inventory, food costs, labor, and other financial information. It should also be capable of providing detailed information in both dollar amounts and percentages, including "ideal usage", "actual usage", and "ideal food cost" reports.

Lees Famous Recipe also requires franchisees to purchase certain back-office software from an approved vendor, which currently costs between $100 and $200 per unit per month. This software includes features for inventory management and food cost management. While franchisees are not currently required to purchase other computer system components from an approved vendor, Lees Famous Recipe reserves the right to implement such a requirement in the future. Any software fees are paid directly to the relevant approved third-party supplier.

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.