You are considering selling your franchise business (restaurant). You have been a franchisee with this restaurant chain for a total of 3 years. Your 3-year sales have been: Year 1: $300,000 in sales), Year 2: $600,000 in sales, and Year 3: $1,000,000. Assume the "standard" profit goal as stated and discussed during the lecture.

YOU MUST SHOW YOUR WORK ON ALL BELOW (A-C) TO RECEIVE CREDIT

A. According to standard business principles as covered during the lecture on Franchise Marketing the range, in dollars, in which you could list your restaurant for sale would be:

B. Based upon the above sales growth over the most recent 3 years, what specific dollar price would you list your restaurant for?

C. Based upon the following: A) initial start-up costs of $400,000 AS WELL AS A ONE-TIME Franchise Fee of $35,000 B) above 3-year total sales and profits, and C) your achieved sales price from "B" above, what is your OVERALL profit after 3 years revenue/profits and your sale price?