Hartco Inc HCIZF

RE: BTW...

[MartyP]

It depends on the area covered in the agreement. If they sold on for the Ontario Region, it would be much less than if they sold it for all of Canada. Of course, SIRcorp (if they were interested) would probably want it for all of Canada and possibly the US too. A deal like that could be worth quite a bit (I wouldn't be able to even suggest a price. Not because it's that large, but because I'm unfamiliar with the monetary value of such deals). I do know this, though. That in selling franchise agreements, the initial contractual payments don't even compare to the revenue stream that's generated via royalties and rebates. IMO, selling a Master Franchise for GCSC to a well established and successfull restauranteer who is capable of taking the growth of the franchise to a much higher plateau - as in throughout Canada and the US - would prove exponentially profitable for HCI. From what I've experienced first hand at the Soup Company on Bay street, I don't see why this is not a reasonable expectation. But that's JMO. All the Best Marty P