Brief: Odd Burger Signs Letter Of Intent With Franchise Investment AG To Develop Up To 50 Locations In The U.S. And Europe

Odd Burger

13/12/2022 13:01

Dec 13 (Reuters) - Odd Burger Corp  ODD.V :
    * ODD BURGER SIGNS LETTER OF INTENT WITH FRANCHISE
INVESTMENT AG
TO DEVELOP UP TO 50 LOCATIONS IN THE U.S. AND EUROPE
    * ODD BURGER CORP - TERMS OF LOI ALSO PROVIDE FOR FRANCHISE
FEES
OF US$20,000 PER UNIT SOLD, ROYALTIES OF 5 PERCENT, AND AN
ADVERTISING FUND FEE OF 2.5%

Source text for Eikon:  ID:nCNW0bqhGa 
Further company coverage:  ODD.V 
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