Frosty Franchise Terms
Proposed Franchise Terms with FROSTY
Coola is currently in pilot-stage negotiations with a new franchise partner, FROSTY^atom:98de9b80-d465-4422-bba5-0b6bba76d6bd. The proposed terms for this franchise agreement include:
- Pilot Program: A 3-machine pilot at ILS 40,000 per machine.
- Agreement Duration: A 2-year general agreement with an additional 1-year exclusivity clause.
- Profit Sharing: A 50/50 split of profits generated from the franchise.
- Operational Expenses: Shared operational expenses on a 50/50 basis.
- Deposit: An upfront deposit of ILS 5,000 per machine.
- Reporting: Quarterly reporting requirements.
- Payment Terms: Payments to be made within 30 days.
These terms outline the financial and operational framework for the partnership, aiming to establish a mutually beneficial relationship between Coola and FROSTY^[inferred].