Post #641409 by CincyTikiCraig on Fri, Jun 22, 2012 7:42 PM

C CincyTikiCraig Tiki Socialite Cincinnati, Ohio USA Joined: Mar 31, 2009 Posts: 468	C CincyTikiCraig Posted posted on Fri, Jun 22, 2012 7:42 PM On 2012-06-22 18:20, christiki295 wrote: On 2012-06-22 13:26, Mai Tai wrote: This Trader Vic's is closing because the owner decided to not renew her contract with Trader Vic's, Trader Vics requires not just an initial franchise fee, but periodic payments as well? Its not like they do that much adverstising. Like most any franchise, I expect that there is an annual franchise fee, plus a percentage of the annual gross income (not net. but gross, whether there's a profit or not).