What information must a Lees Famous Recipe franchisee submit for site approval?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
For each Restaurant to be developed hereunder, you will submit to us such site approval forms and data that we may specify, which may include a copy of the site plan, financial information, and such other information or materials as we may reasonably require, together with an option contract, letter of intent, term sheet, or other evidence satisfactory to us which describes your favorable prospects for obtaining such site, pursuant to and in accordance with the terms of the applicable Franchise Agreement.
You hereby acknowledge and agree that our consent of a site does not constitute an assurance, representation, or warranty of any kind, express or implied, as to the suitability of the site for the Restaurant or for any other purpose.
Our consent of the site indicates only that we believe the site complies with acceptable minimum criteria established by us solely for its purposes as of the time of the evaluation.
Both you and we acknowledge that application of criteria that may have been effective with respect to other sites and premises may not be predictive of potential for all sites and that, subsequent to approval by us of a site, certain demographic factors, such as competition from other similar businesses, included in or excluded from criteria used by us could change, thereby altering the potential of a site.
Such factors are unpredictable and are beyond our control.
We will not be responsible for the failure of a site that we approved to meet your expectations as to revenue or operational criteria.
You further acknowledge and agree that your acceptance of a franchise for the operation of a Restaurant at a site is based on your own independent investigation of the suitability of the site.
Source: Item 23 — RECEIPTS (FDD pages 70–287)
What This Means (2025 FDD)
According to the 2025 FDD, a Lees Famous Recipe franchisee must submit site approval forms and data as specified by the franchisor for each restaurant to be developed. This may include a copy of the site plan, financial information, and any other information or materials that Lees Famous Recipe reasonably requires.
In addition to the above, the franchisee must also provide an option contract, letter of intent, term sheet, or other evidence that demonstrates favorable prospects for obtaining the site. This evidence must be satisfactory to Lees Famous Recipe and in accordance with the terms of the applicable Franchise Agreement.
The FDD also clarifies that Lees Famous Recipe's consent of a site does not constitute any assurance, representation, or warranty regarding the site's suitability for a restaurant or any other purpose. The consent only indicates that the site meets the minimum criteria established by Lees Famous Recipe at the time of evaluation. The document emphasizes that demographic factors and competition can change, affecting a site's potential, and Lees Famous Recipe will not be responsible if an approved site fails to meet the franchisee's expectations regarding revenue or operational criteria. Therefore, it is the franchisee's responsibility to conduct an independent investigation of the site's suitability.