What was the lowest gross sales reported for a Lees Famous Recipe franchise location?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
| Average Gross Sales | Lowest Gross Sales | Highest Gross Sales | Median Gross Sales | |
|---|---|---|---|---|
| Corporate | $ 2,006,734 | $ 1,232,936 | $ 4,220,249 | $ 1,636,173 |
| Franchise | $ 1,757,037 | $ 792,439 | $ 6,254,407 | $ 1,685,674 |
| Total | ||||
| $ 1,825,919 | $ 792,439 | $ 6,254,407 | $ 1,676,146 |
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 lowest gross sales reported for a franchise location was $792,439. This data is based on the performance of 116 Lee's Famous Recipe locations (including both corporate and franchise locations) that were open and operating for at least one full year as of December 29, 2024. These figures represent sales from January 1, 2024, through December 29, 2024.
It's important to note that gross sales include all revenues from any source derived from the restaurant, including cash, credit, and insurance proceeds, but exclude sales tax or similar taxes. The reported sales figures can vary significantly due to factors such as menu pricing, demographics, competition, economic conditions, and even weather.
A prospective franchisee should understand that this is just one data point and that individual results may differ. Lees Famous Recipe explicitly states that there is no assurance that a new franchisee will earn as much. It is crucial for potential franchisees to conduct their own independent investigation of costs and expenses and to consider the various factors that could impact their location's financial performance.