Which location was reacquired by the franchisor from Michael Whitney for Lees Famous Recipe?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
Michael Whitney Cynthiana, KY 859-469-2517
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 66–69)
What This Means (2025 FDD)
According to the 2025 Lees Famous Recipe Franchise Disclosure Document, the location reacquired by the franchisor from Michael Whitney is in Cynthiana, Kentucky. The document lists the names of former franchisees and the locations that were reacquired by Lees Famous Recipe during the 12-month period ending December 31, 2024. This information is relevant to potential franchisees as it provides insight into the turnover of franchise locations and the circumstances under which Lees Famous Recipe may reacquire a franchise.
Understanding the reasons behind franchise reacquisitions can help a prospective franchisee assess the stability and potential risks associated with investing in a Lees Famous Recipe franchise. It is important to note that the contact information for Michael Whitney is also provided, which allows potential franchisees to reach out and inquire about his experience with the franchise. However, it's important to be aware that some former franchisees may have signed confidentiality agreements, limiting their ability to speak openly about their experiences.
Reviewing the list of former franchisees and the reasons for their departure, such as reacquisition by Lees Famous Recipe, can be a valuable part of the due diligence process. This information, combined with conversations with current and former franchisees (where possible), can provide a more comprehensive understanding of the franchise system and potential challenges.