Search
 

Supporting the Troops

Baskin-Robbins is planning to grow, and it's looking to the U.S. military to help them do it.

By Debra Hazel | Updated on January 22, 2014

Baskin-Robbins is planning to grow, and it’s looking to the U.S. military to help them do it.

More accurately, the world’s largest ice-cream specialty shop chain has created development incentives that offer discounts on royalties and initial franchise fees to military veterans and new franchisees. Under its 2014 National Development Incentives plan, honorably discharged military veterans who sign an agreement this year and develop their shops before the end of 2015 will have the 20-year initial franchisee fee ($25,000) for their first restaurant, and be charged a 0 percent royalty rate for the first two years. Years three through five will see a reduced royalty rate. Veterans who sign multi-unit agreements will be extended a 20 percent discount on the 20-year initial franchise fee for up to four additional shops, as well as a 10-year payment plan.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.