table_specific

What was the net income (loss) for Lees Famous Recipe's LF RC SS B L LC?

Lees_Famous_Recipe Franchise · 2025 FDD

Answer from 2025 FDD Document

Revenue: LFR Chicken Lee's Distribution Lee's Franchisor 's Franchisor anada Ltd. L ee's 4-Wall E Elimination LI FR Chicken, LLC Total
Proprietary product revenue $ 555,5 3 $ 12,742,260 $ _ $ _ $ _ $ _ $ _ $ 13,297,773
Royalties ψ 555,5 . J 12,742,200 Ψ 1,779,338 Ψ 16,990 Ψ _ Ψ _ Ψ (714,362) Ψ 1,081,966
Franchise, license, and development fees _ _ 148,909 25,426 _ _ (711,302) 174,335
Sales by company-operated restaurants _ _ - - 21,625,752 _ _ 21,625,752
Total revenue 555,5 13 12,742,260 1,928,247 42,416 21,625,752 _ - (714,362) _ 36,179,826
Cost of Sales:
Proprietary products 6,9 75 9,654,695 - - - - - 9,661,670
Company-operated restaurant expenses -
Food and paper - - - - 8,680,056 - - 8,680,056
Payroll - - - - 6,136,297 - - 6,136,297
Occupancy and other operating expenses - - - - 1,819,912 - (714,362) 1,105,550
Total cost of sales 6,9 75 9,654,695 - - 16,636,265 - _ (714,362) 25,583,573
Gross profit 548,53 38 3,087,565 1,928,247 42,416 4,989,487 - - 10,596,253
General and Administrative Expenses 6,325,83 37 29,471 40,143 130 2,754,154 _ 312,880 9,462,615
Operating income (loss) (5,777,29 99) 3,058,094 1,888,104 42,286 2,235,333 _ (312,880) 1,133,638
Other Income (Expenses):
Administrative service income 309,10 55 - - - - - - 309,165
Earnings in subsidiaries 6,960,1 38 - - - - - (6,960,138) -
Miscellaneous income 80,5 8 - 245 285 49,408 - - 130,456
Interest expense (1,863,9 75) - - - (102) (13,692) - (1,877,769)
Total oth

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 69)

What This Means (2025 FDD)

According to the 2025 Lees Famous Recipe FDD, there is no financial information provided for an entity specifically named "LF RC SS B L LC". However, the financial statement does include information for LFR Chicken, LLC. The net income (loss) for LFR Chicken, LLC was a loss of $ (304,651).

It is important to note that the financial performance of LFR Chicken, LLC may not be representative of an individual Lees Famous Recipe franchise. As with any franchise, prospective franchisees should conduct their own independent investigation of the franchise opportunity and consult with financial and legal advisors before making any investment decisions.

Prospective franchisees should carefully review the complete financial statements and related notes in the FDD to gain a thorough understanding of Lees Famous Recipe's financial performance. They should also inquire with the franchisor about the specific factors that may have contributed to the company's financial results and how those factors may impact the performance of individual franchises.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
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