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A comment on WeWork’s CEO Makes Millions as Landlord to WeWork. Parent comment
• 20 year minimum lock-in for franchisee.
• A monthly service/royalty fee based on a percentage of the restaurant’s gross sales (currently 5%).
• A monthly rental being a fixed base rent and a percentage of the restaurant’s gross sales
• A monthly advertising contribution of not less than 4% of gross sales.
• All Outgoings including rates and utilities.
Also a metric butt-tonne of start-up costs.
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• 20 year minimum lock-in for franchisee.
• A monthly service/royalty fee based on a percentage of the restaurant’s gross sales (currently 5%).
• A monthly rental being a fixed base rent and a percentage of the restaurant’s gross sales
• A monthly advertising contribution of not less than 4% of gross sales.
• All Outgoings including rates and utilities.
Also a metric butt-tonne of start-up costs.