Post by
hrgoyal on Aug 16, 2016 5:14pm
Franchise
Can someone who listen conference call, throw some light on what was it about franchising to Peekaboo? Will BPE pay royalty to keep Peekaboo name?
Comment by
DanielDarden123 on Aug 16, 2016 6:56pm
Apparently the Peekaboo purchase includes 11 additional franchise centres that pay just under $1M in fees to Peekaboo which would accrue to BPE after closing of the purchase. Collectively, that is.
Comment by
hrgoyal on Aug 17, 2016 9:28am
Peekaboo has 33 centers in GTA and BPE is buying 20 centers in Halton & Peel regions. These 20 centers will also operate under Peekaboo name. Is 1M franchise fee BPE will pay to Peekaboo to use name?
Comment by
DanielDarden123 on Aug 17, 2016 11:24am
My understanding is that the Peekaboo franchises will have to pay the fees to BPE after closing. Best to listen to the last 2 minutes of the cc.