Far Hills Development, LLC

What Far Hills Development, LLC does

Far Hills Development, LLC, founded in 2014 and headquartered in Dayton, Ohio, is a small multi-unit franchisee operating Lee's Famous Recipe Chicken restaurants in the Miami Valley region, as evidenced by its leesmiamivalley.com domain. The company sits within the broader Lee's franchise system, a quick-service restaurant brand established in 1966 in Lima, Ohio by Lee Cummings and Harold Omer, and currently owned by affiliates of private equity firm Artemis Lane Partners (acquired 2021). Far Hills operates 16 employees and operates as a licensee of the parent brand's trademarks "Lee's Famous Recipe® Chicken" and "Famous Recipe," using the franchisor's proprietary preparation methods — pressure-cooked, honey-dipped, hand-breaded chicken with a special herb-and-spice blend, cooked fresh and never frozen.

The underlying platform technology Far Hills accesses includes a proprietary recipe and preparation process, a mobile loyalty application (Lee's Famous Rewards, available on iOS and Android, with points earned per dollar spent), location-level online ordering infrastructure via leesfamousrecipe.com, and a catering booking platform (leesfamousrecipecatering.olo.com). Operational support from the franchisor includes site selection assistance, approved vendors, store plan specifications, management training at Certified Training Centers, grand opening support, and volume purchase pricing for product and packaging.

Far Hills' business model is franchise-based: revenue is generated through direct restaurant sales (dine-in, takeout, delivery), catering services (boxed lunches, buffet style, full-service for events), and loyalty-driven repeat business via the parent brand's mobile app. As a franchisee, Far Hills pays royalties and fees upward to LFR Chicken LLC (the operating entity d/b/a Lee's Famous Recipe, headquartered in Shalimar, Florida) and benefits from the parent system's 116+ location footprint across the US and Canada, which delivered over $200 million in system-wide sales in 2021.

Name

Far Hills Development, LLC

Legal name

LFR Chicken LLC

Website

https://leesmiamivalley.com

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

11–50 employees

Short description

Far Hills Development, LLC is a Dayton, Ohio-based franchisee operating Lee's Famous Recipe Chicken quick-service restaurants in the Miami Valley region, serving dine-in, takeout, delivery, and catering customers under the 1966-founded heritage QSR brand.

Ownership category

akta.pro rank

Product category

Quick-Service Restaurant (Fried Chicken)

NAICS

Caterers (72232)

SIC

Food And Kindred Products (2000)

akta.pro primary industry

Chicken & Wings QSR (THAFAAAC)

Keywords

• Quick service restaurant
• Fried chicken franchise
• Restaurant catering services
• Loyalty mobile app
• Chicken QSR chain

Headquarters

HQ city

Shalimar

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Restaurant Sales (Franchise royalties and fees): Lee's generates revenue through franchise royalties and fees from its restaurant network. The company achieved over $200 million in system-wide sales in 2021, setting a record.
2. Mobile App and Loyalty Program: Lee's Famous Rewards program allows customers to earn points for every $1 spent, redeemable for free food or discounts. First regular drink free for new sign-ups.
3. Catering Services: Catering services including boxed lunches, buffet style, and full-service catering for events, parties, and business functions.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Far Hills Development, LLC operates the Lee's Famous Recipe Chicken brand, a quick-service restaurant (QSR) chain serving honey-dipped, hand-breaded, pressure-cooked chicken prepared fresh daily using a proprietary recipe of herbs and spices. The company runs 116+ franchised and company-owned restaurants across the US and Canada, complemented by a mobile loyalty rewards app, event catering services, and a franchise development program for prospective multi-unit operators.

Product overview

Lee's Famous Recipe Chicken operates as a traditional quick-service restaurant (QSR) chain specializing in honey-dipped, hand-breaded, pressure-cooked chicken prepared fresh daily. The company offers its core restaurant dining experience alongside a mobile loyalty application (Lee's Famous Rewards), catering services for events, and a franchising program for expansion. The brand, founded in 1966, has over 100 locations across multiple U.S. states and Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• Lee's Famous Recipe Chicken Restaurant Traditional quick-service restaurant chain offering honey-dipped, hand-breaded, pressure-cooked chicken prepared fresh daily using a proprietary recipe of herbs and spices, alongside sides, biscuits, and family meals for dine-in, takeout, and delivery customers.
• Lee's Famous Rewards Mobile App

Quantifiable outcome

• Over $200 million in system-wide sales in 2021
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• KFC: KFC is the global leader in chicken-focused quick-service restaurants, operating thousands of franchised locations worldwide. It is the most direct competitor to Lee's in the chicken QSR category, with overlapping menu architecture (fried chicken, sides, biscuits) and the same dine-in/takeout/delivery channels.
• El Pollo Loco: El Pollo Loco is a grilled-chicken-focused QSR with a primarily franchised US footprint. While grilled rather than pressure-cooked, it directly competes for chicken QSR occasions and serves similar value-conscious family customers.
• Raising Cane's: Raising Cane's is a fast-growing chicken finger-focused QSR with a similar franchise model and single-protein positioning to Lee's. It competes for the same value-conscious, quality-seeking chicken QSR customer.
• Chick-fil-A: Chick-fil-A is the leading US chicken QSR chain by sales per unit and overall system sales. It competes head-to-head with Lee's for traditional and pressure-cooked/breaded chicken occasions and has set the bar for QSR digital ordering and loyalty.
• Zaxby's: Zaxby's is a chicken finger and wings QSR with a heavily franchised, regionally concentrated footprint across the Southeast and Midwest US. It mirrors Lee's franchise model and chicken-centric menu approach.
• Popeyes Louisiana Kitchen: Popeyes is a major chicken QSR concept owned by Restaurant Brands International with thousands of units globally. It directly competes with Lee's in the fried chicken category and shares the same franchise-driven growth model.
• Golden Chick: Golden Chick is a regional chicken QSR primarily operating across the Southwest and Southern US with a franchised model. It competes with Lee's for value-oriented chicken occasions and uses a similar franchisee-led growth strategy.
• Church's Chicken: Church's Chicken is a value-oriented chicken QSR with hundreds of franchised locations across the US. It competes with Lee's on price-sensitive occasions and operates under a similar franchisee-driven growth model.
• Bojangles': Bojangles' is a regional chicken-and-biscuits QSR with strong franchise operations across the Southeast US. It mirrors Lee's regional concentration strategy, franchise-driven unit growth, and chicken-focused menu with similar price points.
• Wingstop: Wingstop is a chicken-focused QSR specializing in wings with a heavy franchised footprint. It competes with Lee's for share of chicken occasions and benefits from similar delivery and digital ordering tailwinds.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/far-hills-development-llc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Far Hills Development, LLC