Royalty	9 Months Ended
Sep. 30, 2011
Notes to Financial Statements
Royalty	Note 4 – Royalties and fees include $28,333 and $155,818 for the three-month and nine-month periods ended September 30, 2011, respectively, and $44,000 and $163,500 for the three-month and nine-month periods ended September 30, 2010, respectively, of initial franchise fees. Royalties and fees included $11,194 and $29,673 for the three-month and nine-month periods ended September 30, 2011 and $16,378 and $103,970 for the three-month and nine-month periods ended September 30, 2010, respectively, of equipment commissions. Royalties and fees, less initial franchise fees and equipment commissions (collectively “upfront fees”) were $1,584,416 and $4,845,042 for the three-month and nine-month periods ended September 30, 2011 and $1,651,697 and $4,759,036 for the three-month and nine-month periods ended September 30, 2010, respectively. The breakdown of royalties and fees, less upfront fees, are royalties and fees from non-traditional franchises other than grocery stores were $971,313 and $3,133,619 for the three-month and nine-month periods ended September 30, 2011, respectively, and $1,169,309 and $3,225,837 for the three-month and nine-month periods ended September 30, 2010, respectively; fees from the grocery store take-n-bake were $325,419 and $873,019 for the three-month and nine-month periods ended September 30, 2011, respectively, and $144,166 and $257,191 for the three-month and nine-month periods ended September 30, 2010, respectively; and royalties and fees from traditional locations were $287,684 and $838,404 for the three-month and nine-month periods ended September 30, 2011, respectively, and $338,222and $1,276,008 for the three-month and nine-month periods ended September 30, 2010, respectively. The Company has no material amount of past due royalties. There were 1,112 franchises and licenses in operation on December 31, 2010 and 1,460 franchises and licenses in operation on September 30, 2011. During the nine-month period ended September 30, 2011 there were 362 new franchises and licenses opened and 14 franchises closed. The breakdown of the 1,460 franchises and licenses at September 30, 2011 was 751 non-traditional franchises and licenses other than grocery stores, 667 grocery stores and 42 traditional franchises.

Royalty

9 Months Ended

Sep. 30, 2011

Note 4 – Royalties and fees include $28,333 and $155,818 for the three-month and nine-month periods ended September 30, 2011, respectively, and $44,000 and $163,500 for the three-month and nine-month periods ended September 30, 2010, respectively, of initial franchise fees. Royalties and fees included $11,194 and $29,673 for the three-month and nine-month periods ended September 30, 2011 and $16,378 and $103,970 for the three-month and nine-month periods ended September 30, 2010, respectively, of equipment commissions. Royalties and fees, less initial franchise fees and equipment commissions (collectively “upfront fees”) were $1,584,416 and $4,845,042 for the three-month and nine-month periods ended September 30, 2011 and $1,651,697 and $4,759,036 for the three-month and nine-month periods ended September 30, 2010, respectively. The breakdown of royalties and fees, less upfront fees, are royalties and fees from non-traditional franchises other than grocery stores were $971,313 and $3,133,619 for the three-month and nine-month periods ended September 30, 2011, respectively, and $1,169,309 and $3,225,837 for the three-month and nine-month periods ended September 30, 2010, respectively; fees from the grocery store take-n-bake were $325,419 and $873,019 for the three-month and nine-month periods ended September 30, 2011, respectively, and $144,166 and $257,191 for the three-month and nine-month periods ended September 30, 2010, respectively; and royalties and fees from traditional locations were $287,684 and $838,404 for the three-month and nine-month periods ended September 30, 2011, respectively, and $338,222and $1,276,008 for the three-month and nine-month periods ended September 30, 2010, respectively. The Company has no material amount of past due royalties.

There were 1,112 franchises and licenses in operation on December 31, 2010 and 1,460 franchises and licenses in operation on September 30, 2011. During the nine-month period ended September 30, 2011 there were 362 new franchises and licenses opened and 14 franchises closed. The breakdown of the 1,460 franchises and licenses at September 30, 2011 was 751 non-traditional franchises and licenses other than grocery stores, 667 grocery stores and 42 traditional franchises.