How many Lees Famous Recipe franchises in Kentucky were transferred in 2022?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 2 | |
| Kentucky | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 0 | |
| Ohio | 2023 | 1 |
| 2024 | 0 | |
| 2022 | 2 | |
| Total | 2023 | 1 |
| 2024 | 1 |
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, there were 0 franchise transfers in Kentucky during 2022. This data is based on Table No. 2, which specifically tracks transfers of outlets from franchisees to new owners, excluding transfers back to the franchisor.
This information is relevant for prospective franchisees as it provides insight into the ownership changes within the Lees Famous Recipe system. A high number of transfers could indicate instability or dissatisfaction among franchisees, while a low number might suggest a stable and successful franchise network.
However, it's important to note that this table only includes data for outlets located in the United States. Franchisees should also consider this data in conjunction with other factors, such as the number of terminations, non-renewals, and company-owned acquisitions, to get a comprehensive understanding of the franchise system's health and stability.