Is a Lees Famous Recipe franchisee required to execute a lease addendum, and if so, where can it be found?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
Prior to executing the lease for the Restaurant (if you are leasing the Restaurant premises), you must submit to us a copy of the lease for examination and approval. We will review the lease to ensure that it contains the terms that we require in all leases. We will give you written notice of our approval or rejection of the proposed lease within 30 days after receiving all required materials from you. You and your landlord must also execute a lease addendum in the form that we prescribe (see Exhibit C of the Franchise Agreement).
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 26–33)
What This Means (2025 FDD)
According to Lees Famous Recipe's 2025 Franchise Disclosure Document, a franchisee is required to execute a lease addendum. Prior to executing the lease for the Restaurant premises, the franchisee must submit a copy of the lease to Lees Famous Recipe for examination and approval. Lees Famous Recipe will review the lease to ensure it contains the terms they require in all leases. The franchisee and their landlord must also execute a lease addendum in the form that Lees Famous Recipe prescribes. The form for the lease addendum can be found in Exhibit C of the Franchise Agreement.
This requirement ensures that Lees Famous Recipe maintains control over the locations of its franchises and that the lease terms are favorable to the brand. By requiring a lease addendum, Lees Famous Recipe can protect its interests and ensure that the franchisee's location meets its standards. This is a common practice in franchising, as the location of a franchise can significantly impact its success.
Prospective franchisees should carefully review Exhibit C of the Franchise Agreement to understand the specific terms of the lease addendum. They should also discuss any concerns or questions with Lees Famous Recipe before signing the lease. Understanding these requirements is crucial for a smooth and compliant establishment of the Lees Famous Recipe franchise.