Singer Vielle Franchising vol 1 | Page 14

The franchise arrangement – a low cost entry • A monthly licence fee • An annual royalty payment based upon turnover • For income generated by a franchisee from a transaction within their defined franchise area, 100% of the fee to the franchisee • For income generated by a franchisee from a transaction outside their defined franchise area, 20% of the fee to the franchisee appropriate for the location • For income generated by another franchisee from a transaction within a franchisee’s area, 20% of the fee to the franchisee associated with the location • All properties marketed at singerviellesales.com