Cody Bradstreet

Most likely.

And it can range from 2% to whatever the franchisor wants to set it at, depending on the agreement.

I agreed to 5%.

Okay.

Um, and looking, you know, I feel like that's a lot of money.

I mean, when you look at your financials every month, and so you expect some significant value from that.

Um, and I think as an entrepreneur, I feel a little trapped within that franchise system and I want to break out and do my own thing.

So that would be my one big Thor.

okay good yeah look that's a do you get leverage as you grow the business could you call it penny and go hey listen we're doing like 10 i'm making we're doing like 10 million per year okay that that that thing is going down to two percent and would she say yes very fast do you have leverage i don't have leverage yet i am i am the first person to expand to two locations okay it is a very small franchise system so um i'm very i'm friends with the other franchisees and i think there's power in numbers and i think we're just close-knit and so eventually we'll

I would love to buy the whole business.

I don't think she's quite ready to sell.

Her number is $3 million.

Yes.

I think it's overvalued at $3 million.

Yeah.

Strategically, that was just the best course for me because I was still working full-time at Dell.

This was in 2012, October 2012.

$250,000.

Damn!

And that's just for my North store.