The name O'Dell in Ireland is usually a variant form of the English name Odell that was adopted by a number of Gaelic families during the seventeenth century. This name and its variant Odle can mostly be found in the the Province of Munster and especially in County Limerick. O'Dell Family Crest Crystal Glass.
Royalty fees are another franchise fee type. Your contract will provide for âcontinuing feesâ or âcontinuing royalties,â made over the life of the franchise contract. Royalties are a key element when youâre looking at a franchise or negotiating your contract.hereâs no single franchise fee formula. The franchisor, the person or company selling you the franchise, sets the fees. Fees can vary greatly. Generally, franchise fees range between $10,000 and $50,000. Fees at the higher end are common with well-known businesses, like fast-food restaurants.
Initial Franchise Fees. Most franchise companies require a new franchisee to pay a one time initial fee to become a franchisee. This fee can be as low as $10,000 to $15,000 or as high as the sky--in some cases well over $100,000. The average or typical initial franchise fee for a single unit is about $20,000 or $35,000. Royalties or Ongoing Franchise Fees. Franchisees usually pay an ongoing franchise fee or royalty. This fee is normally expressed as a percentage of the gross revenue of the franchised business but can also be a fixed periodic amount such as $500 per month, regardless of revenue.