Lee’s Famous Recipe Chicken Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
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Table of Contents
Lee’s Famous Recipe Chicken Franchise Wiki
Lee’s Famous Recipe Chicken business started in 1966 and has been franchising since 1967 with 130 estimated units to date. The franchisor for the brand is Famous Recipe Group LLC. Its franchisees operate a quick-service restaurant featuring a menu of the famous chicken recipe, biscuits, and other complementary menu items.
Lee’s Famous Recipe Chicken Franchise Benefits
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- Assistance with site selection
- Access to store plan specifications and approved vendors
- Management training
- Support for grand opening
- Operational support
- Volume purchase pricing for product and packaging
- Use of Lee’s logo, brand and famous recipes
Lee’s Famous Recipe Chicken Franchise Cost
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| Name of Fee | Low | High |
|---|---|---|
| Development Fee | $15,000 | $15,000 |
| Initial Franchise Fee | $15,000 | $20,000 |
| Training Fee | $5,000 | $5,000 |
| Training Expenses | $15,000 | $22,000 |
| Grand Opening Advertising | $5,000 | $5,000 |
| Real Estate either leased or purchased | Varies. | |
| Building and Improvements | $76,800 | $734,900 |
| Equipment, Furniture and Signage | $59,500 | $227,200 |
| POS System | $17,200 | $36,100 |
| Opening Inventory | $6,000 | $22,200 |
| Utility Deposits, Permits, Business Licenses and Miscellaneous Opening Costs | $3,500 | $50,000 |
| Insurance | $9,000 | $18,000 |
| Additional Funds – 3 months | $15,000 | $30,000 |
| ESTIMATED TOTAL | $241,500 | $1,185,400 |
Lee’s Famous Recipe Chicken Franchise Training Program
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The following persons are required to complete the training program up to the franchisor’s satisfaction:
- Franchisee or operating principal if ever the franchisee is an entity.
- The franchise’s general manager.
- Two assistant managers.
The training will be designated at a franchisee-owned training restaurant or any other approved location that the franchisor chooses. The training program then lasts for six to eight weeks, depending on the franchisee’s prior restaurant industry experience.
Lee’s Famous Recipe Chicken Franchise Territory
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As per the Franchise Agreement, the franchisee will be granted the right to operate Lee’s Famous Recipe restaurant at a specific location.
- A traditional stand-alone location has a protected area.
- Meanwhile, a streamlined location has a one-mile radius with the franchise’s premises as the center.
- For the non-traditional location, the franchisor, under its sole discretion, will determine the protected area.
The franchisor’s decision for the non-traditional location will also be based upon anticipated customer count and may limit the protected area within the location.
Lee’s Famous Recipe Chicken Franchise Terms of Agreement and Renewal
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The franchise’s initial length of the term consists of 20 years. But if franchisees are in good standing by the end of the initial term, an additional 20-year term renewal is possible.
Lee’s Famous Recipe Chicken Franchise Requirements
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Lee’s Famous Recipe Chicken Franchise Profit
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Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply For Lee’s Famous Recipe Chicken Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Lee’s Famous Recipe Chicken Franchise Contact details
Website
https://www.leesfamousrecipe.com
FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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What is The Difference Between Franchisor vs. Franchisee
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What Is The Difference Between Franchise Vs. Sole Proprietorship
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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