Lee's Famous Recipe (Restauran
The total investment to open a Lee's Famous Recipe (Restauran franchise ranges from $111,500 to $577,000. The initial franchise fee is $35,000. Ongoing royalties are 5%.
What is the Lee's Famous Recipe (Restauran franchise?
Lee's Famous Recipe (Restauran is a restaurant selling fried chicken and meals to customers. Estimated total initial investment is $111,500 to $577,000, and the initial franchise fee is $35,000.
The royalty is 5 percent of sales. The company is headquartered in Muncie, IN, and was founded in 1966.
Loan Activity Score
40/100
SBA Default Rate
6.7%
Active Lenders
11
According to its Franchise Disclosure Document or public business records, Lee's Famous Recipe (Restauran has 12 locations, all owned by franchisees. Public SBA loan records show 11 lenders made 15 loans to franchisees of Lee's Famous Recipe (Restauran. PeerSense calculates Lee's Famous Recipe (Restauran's score as 40 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1966 · 12 locations
$111,500 to $577,000
$35,000
12
12 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Lee's Famous Recipe (Restauran
15
Total SBA loans
$331K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Lee's Famous Recipe (Restauran
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
6.7%
vs 10.3% peer avg
SBA Loans
15
Total Volume
$5.0M
Active Lenders
11
2 selective
States
8
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Lee's Famous Recipe (Restauran based on SBA lending data
SBA Default Rate
6.7%
3.6% below peer avg
SBA Loan Volume
15 loans
Across 11 lenders
Lender Diversity
11 lenders
Avg 1.4 loans per lender
Investment Tier
Significant investment
$111,500 to $577,000 total
Lee's Famous Recipe (Restauran: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
1998
3 approvals. The best year on record for Lee's Famous Recipe (Restauran.
Top SBA State
Indiana
4 SBA financed Lee's Famous Recipe (Restauran locations, the densest operator footprint.
Average Loan Size
$349K
Median $349K. Use as a sizing anchor when modeling your own Lee's Famous Recipe (Restauran unit.
Lender Concentration
37.5%
Moderately Spread
Share of Lee's Famous Recipe (Restauran approvals captured by the top 3 SBA lenders.
Lee's Famous Recipe (Restauran's SBA lending pipeline peaked in 1998 (3 approvals). Operator density is highest in Indiana with 4 SBA financed locations. Average funded ticket sits at $349K, with the median at $349K. Lender mix is moderately spread: the top three SBA lenders account for 37.5% of approvals. Meaningful choice exists, but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$1,154
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Lee's Famous Recipe (Restauran, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman