Question 1

Does Lee's Famous Recipe franchise offer exclusive territory?

Accepted Answer

Lee's Famous Recipe offers Protected territory protection to its franchisees. This means you have limited protection from nearby competition, though some restrictions may apply.

Question 2

What is the Lee's Famous Recipe franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Lee's Famous Recipe is 15 years. Franchisees may renew up to 1 time for 15-year periods. The total potential term is 30 years.

Question 3

What is the non-compete clause for Lee's Famous Recipe franchise?

Accepted Answer

The Lee's Famous Recipe franchise non-compete clause extends for 2 years within a 5-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Lee's Famous Recipe franchise?

Accepted Answer

Yes, Lee's Famous Recipe allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $17,500 applies.