The share of earnings that a franchise owner pays to the parent company is called a "royalty fee." This fee is typically a percentage of the franchisee's gross sales and is paid regularly, often monthly, as part of the franchise agreement. Additionally, franchisees may also pay other fees, such as marketing or advertising contributions, to support the brand.
franchise royalty fee
The franchisee
Franchise
franchise
Payless Shoe stores are a franchise and can be purchased from the parent company for between $15,000-$25,000. The corporate company will assist in finding a good location and marketing the new store. Some Payless retail units are franchises; others are owned by the company. The average franchise fee is $50,000. Franchise details are available by contact the company's world headquarters: 3231 Southeast 6th Avenue Topeka, KS 66607 or Phone (785)233-5171
franchise royalty fee
assets
A Percentage Of A Franchise's Earnings Paid To The Parent Company A sum of money paid to a patentee for the use of a patent or to an author or composer for each copy of a book sold or for each public performance of a work.
The franchisee
Franchise
Also called indirect, unreported, or undisclosed earnings, that part of the surplus earnings of a subsidiary company, over and above dividend payments, not reported by the parent company. Most of the large corporations hold or control through full, majority, joint (half, third, quarter, etc.) or minority stock ownership in subsidiary is or affiliated companies. Unless the ownership of such subsidiary is a majority interest, the parent company cannot under proper accounting principles consolidate the earnings of a subsidiary or subsidiaries in the income account of the parent company, but only such part of such earnings as may be actually paid to the parent organization as dividends. When earnings of subsidiaries are consolidated in the income account of the parent organization, the proportion of earnings applicable to the minority interest must be deducted.
It is a franchise so you would have to contact the parent company.
franchise
A franchise is where a company (Burger King, McDonald's, KFC for example) lets private individuals start up a company using the name of the parent company. The person owns the franchise, but not the company name. The person may have to pay a fee to the parent company to use the name as well. Owning a Franchise can be a great way for you to run a Business that gives you the benefit of an already established brand, a system and territory, as well as on going training & support from the Franchisor.
Often there are franchise "fairs" that you can attend to see what is out there and if there is a need in your area. If you visit or use a franchise while traveling and think that there may be a call for that particular franchise in your area, then check with the parent company.
Boxer Superstores are owned by the parent company Pick n Pay. In order to open a franchise, you will need to have a bank guarantee, insurance, and pay a franchise fee.
You may apply for a ZARA Franchise by contacting Inditex, their parent company. ZARA's Official Website link and that of Inditex are listed below. However, it doesn't seem like they are offering franchise options.