What was the net loss for F R C R E ing Ste t. r within Lees Famous Recipe?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
Louis, LLC ("LFRC St.
Louis").
Lee's Franchisor and Lee's Franchisor Canada are primarily involved in the business of licensing franchisees to use the trademark of Lee's Famous Recipe Chicken in order to operate restaurants serving the trademarked food.
Lee's Franchisor Canada was organized in 2022, to license the use of the Lee's Famous Recipe Chicken trademark to Canadian franchisees.
As of December 31, 2024, there were 130 restaurant locations.
LFR Chicken and Lee's Distribution also sell proprietary products to franchisees.
LFRC Ocala, FRFC Lima, LFRC Springfield, LFRC Mt.
Sterling, LFRC Ft.
Wayne, LFRC Sanford, LFRC Cynthiana, and LFRC St.
Louis own and operate restaurants serving the trademarked food.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 69)
What This Means (2025 FDD)
According to Lees Famous Recipe's 2025 Franchise Disclosure Document, the financial statement includes information about several entities, including LFRC St. Louis, which owns and operates restaurants serving the trademarked food. However, the provided financial data does not specifically isolate the net loss for "F R C R E ing Ste t. r" or LFRC St. Louis. Instead, the financial tables present consolidated figures for various revenue streams, costs, and expenses across different segments of the company. For instance, the tables show revenue, cost of sales, gross profit, general and administrative expenses, and net income (loss) for entities like LFR Chicken, Lee's Distribution, Lee's Franchisor, and Lee's 4-Wall LLC. There is also a breakdown of revenues and expenses for company-operated restaurants under Lee's 4-Wall LLC, but this is presented in aggregate.
To determine the specific net loss for LFRC St. Louis, a prospective franchisee would need to request a more detailed breakdown of the financial statements from Lees Famous Recipe. This should include a separate accounting of revenues, expenses, and income for each company-owned and operated restaurant, including LFRC St. Louis. Understanding the individual performance of company-operated restaurants can provide valuable insights into the potential profitability and operational challenges of running a Lees Famous Recipe franchise.
Without this specific data, it is impossible to accurately assess the financial performance of LFRC St. Louis based solely on the consolidated financial statements provided in the FDD. Therefore, it is crucial for potential franchisees to conduct thorough due diligence and obtain detailed financial information to make an informed investment decision.