What is the minimum amount that must be spent on the Restaurant opening campaign for a Lees Famous Recipe franchise?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
ing lasts approximately six to eight weeks, depending on the extent and nature of your prior restaurant industry experience.
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- Restaurant Opening Campaign. Within the first 90 days following the opening of your Restaurant, you must spend a minimum of $10,000 on a Restaurant opening campaign that we have approved in advance. We reserve the right to collect all or a portion of the Restaurant Opening Campaign Requirement directly from you—either at the signing of this Agreement or before the opening of the Restaurant—and spend it on your behalf in connection with the Restaurant opening campaign; in which
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–26)
What This Means (2025 FDD)
According to Lees Famous Recipe's 2025 Franchise Disclosure Document, franchisees are required to spend a minimum of $10,000 on a restaurant opening campaign within the first 90 days of opening their restaurant. This campaign must be approved in advance by Lees Famous Recipe.
Lees Famous Recipe retains the right to collect these funds either upon signing the agreement or before the restaurant opens. If Lees Famous Recipe collects the funds, they will then manage the $10,000 expenditure on the franchisee's behalf within 90 days of the restaurant's opening.
The initial investment table in Item 7 of the FDD lists the restaurant opening campaign cost as a fixed $10,000 for all restaurant types: Traditional Stand-Alone (New Structure), Traditional Stand-Alone (Reimage Existing Structure), Streamlined Location, and Non-Traditional Location. This cost is listed as 'as agreed' for the method of payment and 'as incurred' for when it is due, indicating flexibility in the payment arrangement with vendors.