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A franchise agreement is a legal, binding contract between a franchisor and franchisee. In the United States franchise agreements are enforced at the State level. Prior to a franchisee signing a contract, the US Federal Trade Commission regulates information disclosures under the authority of The Franchise Rule . [ 1 ]
By 2007, the company operated 38 car washes, some of which included gas stations and convenience stores. [2] That year, Odermat was inducted into the Car Wash Hall of Fame. [2] In 2018, viewers of Evening Magazine voted the chain the "Best Car Wash in Western Washington". [7] It was ranked as the 12th largest car wash chain in the United States ...
A franchise is merely a temporary business investment involving renting or leasing an opportunity, not the purchase of a business for the purpose of ownership. It is classified as a wasting asset due to the finite term of the license. Franchise fees are on average 6.7% with an additional average marketing fee of 2%. [10]
Getting a McDonald’s franchise up and running costs between $1.4 million and $2.5 million. Taco Bell’s startup costs are more like $1.3 million to $3.4 million.
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A self-service car wash in Kłodzko, Poland A car wash in Warwick, UK Ex Petrol station and now hand car wash in Bradford, UK A truck wash in Savannakhet, Laos This car wash in San Bernardino, California, is an example of Googie architecture. A car wash, [1] or auto wash, is a facility used to clean the exterior, [2] and in some cases the ...
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