7. Notes Receivable	3 Months Ended
Sep. 30, 2012
Notes to Financial Statements
7. Notes Receivable	Effective July 1, 2012 the Company sold its first franchise. Out of the total $35,000 franchise fee, $28,000 was financed under a note, with a term of 38 months, and annual interest rate of 7%. As of September 30, 2012, balance under the Note was $25,982. Principal received for the three months ended September 30, 2012 was $2,018. Interest income for the same period was $478.

7. Notes Receivable

3 Months Ended

Sep. 30, 2012

Effective July 1, 2012 the Company sold its first franchise. Out of the total $35,000 franchise fee, $28,000 was financed under a note, with a term of 38 months, and annual interest rate of 7%. As of September 30, 2012, balance under the Note was $25,982. Principal received for the three months ended September 30, 2012 was $2,018. Interest income for the same period was $478.