Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

In addition to the initial investment of a Joeys Only / Tennessee Jacks franchise, what on-going payments am I required to make during the term of the License?

April 26, 2017addition franchise initial Investment joey on-going PAYMENTS tennessee jack

0

Posted

In addition to the initial investment of a Joeys Only / Tennessee Jacks franchise, what on-going payments am I required to make during the term of the License?

1 Answer

0

Posted

You are required to make the following payments on an ongoing basis during the term of the Franchise agreement: • Monthly royalty fee of 4.5% of gross sales. • Monthly advertising fee of 2% of gross sales.