factual

Is remodeling required to renew a Lees Famous Recipe franchise?

Lees_Famous_Recipe Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section in franchise agreement Summary
a. Length of the franchise term 3 Term is 15 years.
b. Renewal or extension of the term 3 If you are in good standing, you may renew for an additional 15-year term.
Provision Section in franchise agreement Summary
---- --------------------------------------------------- -------------------------------------- --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
c. Requirements for franchisee to renew or extend 3 Provide advance notice, not be in default within the 24 months preceding the expiration of the initial term, comply with current Franchise Agreement, satisfactorily complete any new/refresher training programs, sign a new agreement (which may contain materially different terms and conditions than your original Franchise Agreement), remodel, provide proof you will maintain possession of the Restaurant premises and remodel the Restaurant as necessary to comply with our then-current standards and specifications, pay a renewal fee, and sign a general release of claims.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 54–59)

What This Means (2025 FDD)

According to Lees Famous Recipe's 2025 Franchise Disclosure Document, remodeling is a requirement for franchise renewal. To renew a franchise for an additional 15-year term, a franchisee must meet several conditions.

One of these conditions is to remodel the restaurant as necessary to comply with Lees Famous Recipe's then-current standards and specifications. This means that franchisees need to be prepared to invest in updating their restaurant's appearance and facilities to align with the brand's current image.

In addition to remodeling, franchisees must also provide advance notice of their intent to renew, not be in default within the 24 months preceding the expiration of the initial term, comply with the current Franchise Agreement, satisfactorily complete any new or refresher training programs, sign a new agreement (which may contain materially different terms and conditions than the original Franchise Agreement), provide proof of maintaining possession of the restaurant premises, pay a renewal fee, and sign a general release of claims. These comprehensive requirements ensure that franchisees are up-to-date with Lees Famous Recipe's standards and practices upon renewal.

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.