How many Lees Famous Recipe outlets were sold to franchisees in Missouri during 2024?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
0 | 114 | | | 2023 | 114 | 1 | 2 | 0 | 5 | 2 | 106 | | | 2024 | 106 | 4 | 0 | 0 | 16 | 1 | 93 |*If multiple events occurred affecting an outlet, this table shows the event that occurred last in time.
Table No. 4 Status of Company-Owned Outlets For Years 2022 to 2024
| Outlets | Outlets at End of the Year | ||||||
|---|---|---|---|---|---|---|---|
| Outlets at Start | Outl |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 66–69)
What This Means (2025 FDD)
According to Lees Famous Recipe's 2025 Franchise Disclosure Document, there were zero outlets sold to franchisees in Missouri during 2024. However, 13 outlets in Missouri were reacquired by the franchisor during that same year. At the start of 2024, there were 16 Lees Famous Recipe outlets in Missouri, and by the end of the year, there were only 3.
This information is crucial for potential franchisees as it indicates the stability and transferability of Lees Famous Recipe franchises in Missouri. The fact that no franchises were sold to new franchisees, coupled with a significant number being reacquired by the franchisor, could suggest challenges in the Missouri market.
A prospective franchisee should investigate the reasons behind the franchisor reacquiring 13 locations. Understanding the market dynamics in Missouri and the factors that led to these re acquisitions is essential before investing in a Lees Famous Recipe franchise in that state. It would be prudent to speak with current and former franchisees in Missouri to gain further insights.