Below are examples of the estimated acquisition costs, listed in USD: Land Purchase: $230,000 – $2,000,000. The investment covers all the start-up costs you may need to open a in-home care and assistance business. 62% of gross room sales (which includes a contribution to the marketing fund of 1% of gross room sales); plus $50,000 per year; plus $510 per guestroom per year. Specialties: We commit ourselves to a better process, start to finish. 86. Owners can expect to make a total investment of at least $175,000. We would like to show you a description here but the site won’t allow us. The cost of franchising a Dutch Bros coffee shop may vary depending on the location, but it typically costs around $250,000 to $350,000. As of 2018, the company operates 56 franchises in the United States and 3 ones outside the country. Epic Movie Franchises. The cost of a Saladworks franchise includes a $35,000 initial franchise fee, liquid assets of $100,000, and a net worth of $350,000. chopt franchise cost. This article will get into how much it costs to open a Chick-fil-A. the best chopped salad recipe. Yes, you read that right. Browse affordable franchises for sale, and start your own business today. Essentials. Kumon franchise costs, based on Item 7 of the company’s 2022 FDD: Training Agreement Deposit Fee: $1,000. This is almost a third of the midpoint initial investment of $903,000 which is not a great resale value. We estimated profits by using industry average cost percentages for COGS, labor and rent costs as the Franchise Disclosure Document doesn’t provide these. How much does a Cinnabon franchise cost? You need to invest around $323,000 to start a Cinnabon bakery, on average. Average Sales / Revenue per Year. - In Australian currency, the investment comes around AUD 637,000 to AUD 1,297,000. 5% of your weekly net sales. Reliable Education. 2 million. They also offer financing . What Does a CARQUEST Auto Parts Opportunity Cost? To buy an opportunity with CARQUEST Auto Parts, you'll need to have at least liquid capital of $100,000. When you open a new Burger King franchise, you must hire new employees since Burger King is a well-known brand with strict quality standards that your employees must adhere to. $201K - $465K. Peak of Hype. Fit4Mom. Application – you’ll go through the interview process and complete a. How much does it cost to start a chopt franchise? Chop Stop charges a franchise fee of up to $30,000 per month, with an initial investment range of $327,000 to $698,500. In order to open a Krispy Kreme franchise, you must have a net worth of more than $275,000. 45 In-N-Out Burger. One school is company-owned and eleven are franchise-owned. How much is a chopt franchise? Chop Stop has a franchise fee of up to $30,000, with a total initial investment range of $285,000 to $690,000. It charges a standard royalty fee of 5% of gross sales, and an above-average marketing fee of 4% of gross sales. Himalayan Range the novelty kitchenware brand. Rural Locations: $218,148 - $419,226*. BBQ chicken wings. Ordered shrimp salad, paid close to $16. Royalty Fees: 5%. [1] Founded in 2001, the company serves salads, warm grain bowls, and sandwich wraps. How much does it cost to buy a chopt franchise? Facts & FiguresLiquid capital required$150,000Net worth required$500,000Investment$327,000 - $699,000Franchise. Food: $136,489. Santa Fe Salad (First Time Favorite) $8. Chop’t Menu. Check out the Chop't menu. It includes some pre-opening or formation costs as well as some operating costs. How much does a chopt franchise cost? How much does it cost to open a chopt? Chop Stop has a franchise fee of up to $30,000, with a total initial investment. $40,000. 0% of Net Royalty Sales. 105K Followers, 828 Following, 2,725 Posts - See Instagram photos and videos from Chopt Creative Salad Co. The specific costs of opening up a franchise can range from tens of thousands to millions of dollars, depending on the brand and the location you wish to operate in. Blends Digital Conveniences and Culinary Experiences to Drive Sales. The prices mostly boil down to whether you want to have a storefront restaurant or a mobile restaurant. Virginia Beach, VA 23456 (757) 426-6490 Visit Website . The cost to open a restaurant can range between $175,000 and $1,000,000, depending on your location, materials, type of restaurant, and more. Check out our selection of reliable low-cost franchises here. We are constantly looking for interested franchisees and great. Franchisees can expect to make a total investment of $327,000 – $699,000. bluecowicecream. Royalty fee: 5% of the monthly gross revenue. Initial investment costs to open a Chop Stop range from $327,000–$698,500. What does a PRIME IV Hydration & Wellness Franchise Cost? PRIME IV Hydration & Wellness franchise fees for 2023: Cash Investment: $29,000 Total Investment: $158,000 Minimum Net Worth: $250,000 Franchise Fee: $45,000 Royalty: 7%. Chipotle’s overall sales for 2021 was $7. Does chopt Caesar dressing have raw egg? Sweetgreen, Chopt, and others have transformed salad from a side dish to a $12 meal. Atleast 5 to 10 people as a workforceare required for the daily operations of the Flipkart Delivery Franchise. 2021. Alternatively, It is advised for the candidates to look out for other sports retail franchising, which may cost a total initial investment of ₹50 lacs to ₹3 Crores. How much does a Firehouse Subs franchise cost? On average, you would invest around $647,000 to open a Firehouse Subs franchise restaurant. Program Services Contribution. Available Cash $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000. . (Preferably on high visibility area) Net worth. The initial Chick-fil-A franchise fee is only $10,000, which is significantly lower than what their competitors charge: Chick-fil-A: $10,000. There are some low-cost franchise businesses you can launch for under $20,000, and others that cost. Typically a Great Clips salon takes about 900 – 1,200 sq. Profit and loss. What does a Chop Stop Franchise Cost? Chop Stop franchise fees for 2023: Cash Requirement: $175,000 Initial Franchise Fee: $35,000 Royalty Fee: 5% Initial Investment: $375,000 - $699,000 Veterans incentive: Yes; up to. How much does a Chop Stop franchise cost? Chop Stop has a franchise fee of up to $30,000, with a total initial investment range of $327,000 to $698,500. The total investment necessary to begin operation as an Area Franchisee is from $32,500 to $85,000, including $30,000 to. Which Wich franchise costs. Software Configuration and Management Project Related Fees (for transfers) $125 an hour during regular business hours, but see notes for off-hour rates. V’s Barbershop franchise costs, based on Item 7 of the company’s 2022 FDD: Initial Franchise Fee: $27,000 to $30,000. Franchise fee: $7,495-$13,395 Initial investment: $8,245-$28,185 Royalty fees: 4% Average annual sales (company-wide): $227. Of course, this amount is an average. Another affordable hotel franchise for those on a tighter budget is the Super 8 brand. Franchise Brands. The fast casual restaurant company is constantly searching for inspiration to bring to its creative offerings. We’re pretty positive. The Orchard Salad With Balsamic Vinaigrette. We provide estimated franchise costs for some countries: - In the United States, the total investment to start the Orangetheory Fitness gym is around $488,405 to $994,360. The Chick-fil-A franchise is the third largest fast-food franchise, and the largest franchise offering chicken in America. Keeping with tradition for each new restaurant opening, Chopt will celebrate Chopt Gives Day on Wednesday, June 8th from 11:30am-2pm and 5pm-7:30pm. Those looking to franchise a Subway store can expect to shell out between $207,000 and $470,000 in startup costs, a $15,000 initial licensing fee, and pay a royalty fee of 8% of gross sales and an. 5-3 percent of gross commissionable fares; Type of franchise: Travel; Cruise Planners may have less brand recognition than other franchises, but it certainly costs less to open. $3,468. the best chopped salad recipe. The investment amount is an average, indeed, it will change depending on the fitness club size and location. 2019. 6 million, the average Panera Bread franchisee makes $727,841 in profits per year. If you do not have enough capital, you may need to get a loan to finance your franchise. Franchise Fees. And, because we always evolve. That includes everything from the franchise fee to the hiring of staff to extra working capital during your first months of operation. Taco Bell: $45,000. What does a Scooter's Coffee Franchise Cost? Scooter's Coffee franchise fees for 2023: Initial Investment: $794,000 - $1,264,500 Net Worth Requirement $500,000 Cash Requirement $200,000 Veterans incentive: Yes Royalty Fee 6% Financing options: Yes Initial Franchise Fee: $40,000. The cost to open a Topgolf franchise is around $18 million. Was furious but of course no one has time during busy lunch hours to dispute over a salad. A franchise doesn’t have to cost millions to be profitable and create wealth. Anytime Fitness franchise costs, based on Item 7 of the company’s 2023 FDD: Initial Franchise/Development Fee: $42,500. The costs associated with starting a Chipotle franchise can range from $750,000 to $1,000,000 depending on the location, size of the restaurant, and the start-up costs associated with the project. Sandwich • Fast Casual. It’s important to note that you can’t just have a Dutch Bros franchise just because you meet or exceed the financial requirements. SBA Registry! Item 19: Yes. Merry Maids. How much does a Chopt franchise cost? The total investment necessary to begin the operation of a Chop Stop salad restaurant is estimated to be from $327K to $698. The estimated total investment necessary to begin the operation of a Kumon Franchise ranges from $67,428 – $145,640. Each Chop't restaurant averages $2 million to $3 million in revenue, and all are profitable, with margins in the 15 to 20 percent range. The cost of a Saladworks franchise includes a $35,000 initial franchise fee, liquid assets of $100,000, and a net worth of $350,000. 24-Hour Home Care - We offer around-the-clock support, ensuring seniors receive assistance and companionship whenever they need it. Franchisees can expect to make a total investment of $327,000 - $699,000. 4. ). It’s quite a steep investment that’s needed as well, as the total investment can go over $700,000 with a franchise fee of $20,000. Chopt Creative Salad, an expanding salad chain with 62 company-owned shops, opened its first pick-up and delivery only location in the SoHo area of lower Manhattan today on November 12. So with the 2022 AUV of $561,000, the average Smoothie King franchised restaurant makes $75,000 in profits per year on average. 31 and net sales averaging $979,121 between 2019 and 2020, it would sell for $303,527. And it means giving you a better tasting, better quality experience. Chopt is a fast-casual restaurant chain that offers salads, sandwiches, and more. Initial Opening Support Fee. You also need to shell out $30,000 for the franchise fee. Each order offers maximum customization and is always delivered for free. If you love to travel and want to. What is the cheapest place to start a franchise? Cruise Planners with Low-Cost/Cheap Franchises The franchise fee is $10,995. Cost and Other Details. 38 Raising Cane's Chicken Fingers. Grilled chicken, local goat cheese, seasonal apples, walnuts, romaine, Chopt lettuce blend. Henrico, VA 23233 (804) 206-3088 (Greengate Shopping Center) Hours Sunday-Thursday: 12pm-9pm Friday & Saturday: 12pm-10pm. Franchise fee $65,900. 22,235 followers. NOW OPEN! Richmond – Short Pump 12171C W Broad St. Space Requirements. It is important to consider all the costs involved before taking the plunge, such as:Most franchise fees are between $20,000 and $50,000. *. Financial Information Franchise Fee – $30,000 Royalty Fee – 6% of gross sales National Cooperative Advertising Fee – 4% of gross sales How do I get started? 1. 500 sq. Since opening our doors, Chopt has expanded to 11 markets and continues to grow, bringing the best of the best to customers across the country. Wienerschnitzel started franchising in 1964, and now it is the. Learn how to open a Chop Stop restaurant franchise, a healthy fast food chain with a low cost concept and a discount program for veterans. Plus get a $10 off Seamless coupon for your first Chop't delivery!Sonic franchise owners saw average gross sales-by-store increase from $1,072,000 in 2012 to $1,283,000 in 2016, with 27 percent of stores exceeding $1. Liquid capital is the amount you need on hand while total net worth is a combination of your assets such as a home and. Simply put, liquid capital is the amount of money you need on hand to enter an agreement with the franchise. Companionship Care - Loneliness and social isolation can take a toll on a senior's mental and emotional health. Published March 14, 2023. Typically a Great Clips salon takes about 900 – 1,200 sq. Order online and track your order live. 804-360-2166. Arby's: Estimated Initial Franchise Investment Range: $628,950 - $2,306,600 (excludes real estate purchase or lease): Initial Franchise Fee: $6,250 - $37,500: Liquid Cash Requirement: $500,000: Net-worth Requirement: $1,000,000 Royalty Rate: 4% of total gross sales for traditional restaurants; 6. A licensed Starbucks costs around $315,000 for the license fee and some of the key fixtures. Franchise Fees: $25,000. What does a Chop Stop Franchise Cost? Chop Stop franchise fees for 2023: Cash Requirement: $175,000 Initial Franchise Fee: $35,000 Royalty Fee: 5% Initial. 8 million. 248 of 250. Rs. Architect Design: $0 to $10,000. The estimated financial range for the initial setting up and first three months of operation for a new McDonald’s restaurant ranges between $481,000 and $2,450,000. Who is chopt’s owner? In simple terms, a “franchise” is an agreement between two parties which allows one party i. com. Initial Opening Marketing: $750 to $4,350. Cost and Other Details. NY Shuk keeps their culinary heritage alive with their family recipe. 0% of Net Royalty Sales. Specialties: We commit ourselves to a better process, start to finish. You’ll need liquid capital of $360,000 and a net worth of around $700,000. Royalty Fee: 5. You’ll need to pay a licensing fee rather than a franchising fee. ” Each Chop't restaurant averages $2 million to $3 million in revenue, and all are profitable, with margins in the 15 to 20 percent range. Founded Date 2001. $40,000. The cost to open a restaurant can range between $175,000 and $1,000,000, depending on your location, materials, type of restaurant, and more. You can expect to invest $1,100,000 to open a new Starbucks location and significantly less for a kiosk in a not traditional location (airport, mall, etc. You might even find something that points you in a completely different direction. This amount includes a franchise. Indeed, you will need less investment if you want to convert your existing. How much is a chopt franchise? Chop Stop has a franchise fee of up to $30,000, with a total initial investment range of $285,000 to $690,000. Travel and Training Expenses: $1,500 to $1,875. It means seeking out unique artisans from around the world. Chop’t. Most of the cost comes from leasehold improvements. Plus, all CKB sauces and seasonings are exclusively made in-house. McDonald’s franchise costs. 0%; Ad Fees – 2. This investment amount is an average, indeed, it will vary depending on your choice of restaurant type. Reliable Education is an Amazon business that offers a very profitable alternative to buying a franchise in Australia. 1 percent from the previous year. That includes everything from the franchise fee to the hiring of staff to extra working capital during your first months of operation. T-Mobile is a very profitable business for the franchisor with retained earnings of $3. The total investment for a single Orangetheory Fitness studio ranges from $488,405 to $994,360. 3M Car Care is the market leader with more than 55% market share. 49. This means that the average restaurant earned a 13. , Maryland, New Jersey, Charlottesville, Virginia, Chapel Hill, North Carolina, and surrounding areas. Saladworks is the nation's first and largest fresh-tossed salad franchise. The average price of all items on the menu is currently $8. The royalty fee is 5% of your weekly net sales as defined in our franchise agreement, and the advertising fee is up to 2. Real Estate Brokerage Fees: $0 to $10,000. 6. This is mainly because. In a franchise, the franchisors dictate how the. A new Food Lover’s Market franchise costs between R8 and R12 million to set up, with an owner contribution of 50%. What is the meaning of Chopt? Verb. Compared to other fast food. 2. Aiming to change the future of fast food, Chopt pushes the boundaries of what a salad can be with its core menu of 14 Classics, 3 rotating Seasonal Specials, 25 homemade, small-batch dressings, and. However, if you are ready to buy this franchise, you would require a minimum cash at hand of $100,000. Appreciate the investment required for a restaurant franchise. Of course, this is simply an average and varies based on a number of criteria (size of the restaurant, location, etc. It’s “a license to own and operate the franchise business,” the SBA adds, noting that these fees often range between $20,000 to $50,000. The investment you should make to become a McDonald’s franchise is $1,345,000 on average. Best Low Cost Franchises 2023. Panda Express Franchise Cost. 11001 Three Chopt Road Richmond, VA 23233 (804) 747-0100 Visit Website . Franchises are inflexible. Franchisees can expect to make a total investment of $327,000 - $699,000. Franchise purchase fee: This can cost anywhere from $20,000 to $50,000, depending on the license. According to the 2019 Franchise Disclosure Document for In-N-Out Burger, franchisees must purchase or lease the land or building for the restaurant. Chopt Creative Salad Company is a fast casual restaurant chain with locations in New York, Washington, D. Financial Investment Required to Open QuikTrip Franchise. Design/Architect Fees: $8,500–$13,000. The best film series to hit the box office. Year Brand Started – 1992. Freddy's Frozen Custard and Steakburgers. The dedicated donation day will coincide with orders placed via Chopt App or choptsalad. This corresponds to an adjusted EBITDA margin of 28%. We would like to show you a description here but the site won’t allow us. Blackened chicken, pickled onions, tomatoes, raw carrots, cilantro, blue cheese, za’atar breadcrumbs, shredded kale, chopped romaine, sweetgreen hot sauce, caesarThe initial investment ranges between ₹2 and ₹5 lakhs. Initial investment: $199,730 - $549,295. Franchise Movies Release Schedule. Rs. Taxes: amount required to reimburse Goosehead Insurance for certain taxes imposed on. Their worldwide revenue on the other hand is almost $6 billion which is considered Chipotle’s highest record ever with a sales growth of 7. The company added 215 new restaurants during the year, increasing the total number of restaurants to 2,966. View All Schools Our Schools. You must invest on average $399,000 including a $10,000 initial franchise fee to open a Domino’s franchise. With average annual sales of $2. Mathnasium franchise costs, based on Item 7 of the company’s 2022 FDD: Initial Franchise Fee: $49,000 for your first franchise; $26,500 if you are buying an additional franchise. Tony Shure and Colin McCabe , Founders of Chopt Creative Salad Co. Besides salads, they also offer vegan bowls and wraps, and these vegan options are made from organic and natural plant-based ingredients. Due Date: Same as Royalty Fee, on demand. Franchise Movies Release Schedule. The Starbucks franchise fee used to be $40,000 when the company was still franchising its stores. This. NY Shuk keeps their culinary heritage alive with their family recipe for Harissa. They are spread across over 25 cities with more than 80 stores across India. The best film series to hit the box office. InXpress, Delhivery, Shadowfax, Pick Me Express, King Worldwide. The total investment necessary for your first affiliate subfranchisee to begin the operation of a Gong Cha store ranges from $159,200. $10. In 2001, we founded the original Chopt. Chop Stop has an initial franchise fee of up to $30,000, with a overall initial investment range of $327,000 to $698,500. e. But that price point has made salad unaffordable for many. e. FRANCHISE FEE GUIDE 2020 | PAGE 6 FOR PERSONAL USE ONLY • Central Reservation System pertains to a hotel-specific reservation program that helps maintain and manage the hotel’s guestroom inventory and average rates. ). 5% profit margin (EBITDA margin). 4 lakhs for stock (including GST) Rs. The same applies to service fees—they vary from chain to chain. 2% for non-traditional restaurants: Advertising Rate: A. The total Chick-Fil-A franchise cost usually runs from under $600,000 to over $2,000,000, depend ing on a lot of factors. Here’s what New York City-based Chopt CEO Nick Marsh said about its growth: Chopt’s revenue increased 34% in 2017, despite the intense competition. The estimated financial range for setting up and operating a traditional location of The UPS Store in the United States for the first three months, ranges from $154,745 to $508,472. 10lac – Rs. Nowhere else in the fitness industry is the cost to start a brand-recognized gym so low. comicbook. 6. The franchise fee usually covers the cost of training (not including travel expenses), plus support and site selection. Richmond, VA 23233 804-747-0100. How profitable is a Planet Fitness franchise? On average, Planet Fitness clubs make $447,433 in profits per year. Your final price and overall fast-food franchise costs will vary based on a wide variety of factors. • Franchise Fee: This amount can vary, depending on the. And, because we always evolve. According to the 2019 Franchise Disclosure Document for In-N-Out Burger, franchisees must purchase or lease the land or building for the restaurant. Here is the top 10 low-cost franchise business opportunities in the US Rhea Lana's. And it means giving you a better tasting, better quality experience. The Big Salad The Big Salad franchise has a menu full of salads, sandwiches, smoothies, soups, and more. 0%; Brightway insurance; Brightway Insurance is an insurance underwriter that offers more than 40 business and personal insurance products to. Since that time, the Chop Stop franchise has expanded to dozens of locations across seven states in the west of the U. However, the average Smashburger store is between 1,600 and 2,200 square feet and seats 40 to 70. Chamber of Commerce, here. Estimated Selling Price = Net Sales – 0. The following costs are part of the upfront costs included in the initial investment for a Kumon. Building Construction: $300,000 – $1,000,000. Ratings & Reviews. 4,771. The total investment amount to establish a Pizza Hut franchise ranges from $367,000 to $2,063,500, depending on the type of operation of the restaurant. The company charges a $15,000 franchise fee, and startup costs range from $116,000 to $263,000. Gross Sales. , and 5 to 7:30 p. the franchisee, to market product or services using the trademark and operating methods of the other party i. The total cost to open a Little Caesars is $360,000. Flipkart Delivery Franchise cost and investment requirements: Flipkart franchise cost is around ₹50000 to ₹300000. The standout option: I’m a fan of the Spicy Hatch Chile Caesar salad (without the cheese, because it’s so high in sodium). How much does a Chopt franchise cost? The total investment necessary to begin the operation of a Chop Stop salad restaurant is estimated to be from $327K to $698. Sport Clips is one of the top brands in the men’s hair care industry. 3 Months’ Rent + Security Deposit: $29,507 to $47,948. It ranks as one of the most affordable travel. To request free information from multiple franchises, check the boxes below and click the. The average cost of investment to be a franchisee is between $576,000 to $3. Founders Colin McCabe, Tony Shure. A typical vegan salad at Chopt includes apples, craisins, walnuts, sunflower seeds, carrots, edamame, powerhouse broccoli, spinach, and more. Small Business. The following costs are part of the upfront costs included in the initial investment for a Wingstop. Snap-on Tools. View. (@choptsalad) 7017 Three Chopt Rd Richmond, VA 23226 (804) 767-8836. com U. How much does the Chop Stop franchise cost? Chop Stop has a franchise fee of up to $30,000, with a total initial investment range of $327,000 to $698,500. Franchise Movies Release Schedule. The fast-casual company will open its doors to customers on Friday, September 3rd at 10:30 AM. Amount. $15,000. How much does it cost to open a chopped? Franchisees can expect to make a total investment of $327,000 – $699,000. 46M whereas the lowest one made only around $140K in revenue. Kebab Cobb Salad With Greek Yogurt Tzatziki. For a single-store Esquires Coffee franchise, the total investment is generally around £250,000 - £300,000. Initial Real Estate Expenses: $2,500 to $14,500. 42 The Cheesecake Factory. Chopt expands to CT, NJ, PA, D. White Castle is a regional fast-food and burger company that was established in 1921 in Wichita, Kansas, in the USA, by Walter Anderson and Billy Ingram. A typical vegan salad at Chopt includes apples, craisins, walnuts, sunflower seeds, carrots, edamame, powerhouse broccoli, spinach, and more. But, I’ve provided an estimate of the profit margins for a franchise of KFC below: Particulars. While. Delivery and pickup available. The highest franchise made around $1. Directions & Flavors. Furniture, Fixtures, and. 6. Starting such licensed store evaluates in approximately $315,000. Financing assistance is available, and with the right profit margin , this one could turn into one of the cheapest food franchises to open. This includes the franchise fee, real estate costs, build-out expenses, equipment and furniture purchases, insurance premiums, working capital requirements, as well as other miscellaneous costs. Here’s a breakdown for a few of the bigger industries: Home Services: $64,332. These additional resources regarding getting started as an entrepreneur may be of interest to you. Dollar Store Services. The best film series to hit the box office. Working Capital: $25,000 to $95,000. C. Grilled chicken, local goat cheese, seasonal apples, walnuts, romaine, Chopt lettuce blend. We would like to show you a description here but the site won’t allow us. Sorbet – from R1 million. 1. Epic Movie Franchises. The estimated total investment necessary to begin operation of a Panda Express franchise ranges from $377,100 –. Company Type For Profit. Other potential costs include inventory, equipment, insurance, employee training, business licenses, rent, landscaping, signage, etc. chopt franchise cost. Min. 20lac. Leasehold Improvements: $113,680 to $505,267. Initial franchise fee: $37,500 to $51,500, depending on market size. To open a Dutch Bros outlet, you need a liquid capital initial investment of $150,000 and a total net worth of $500,000. $9. Traditional Locations: $247,306- $476,993*. Chem-Dry is the world's leading floor cleaning company, operating in over 30 countries, with over 2,500 franchises in the US. Total investments cost $45,890 to $63,300, with a $32,900 franchise fee. 320. Franchise fees are typically between $25,000 to $50,000 on average. Building Construction: $300,000 – $1,000,000. The cost to open a franchise ranges between $423,800 and $3,545,800. Year Franchising Started –.