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The Water Cooler
General Discussion
How many of you old cranks remember?
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<blockquote data-quote="dennishoddy" data-source="post: 4322461" data-attributes="member: 5412"><p>Interesting foot note to the Sonic Franchises. </p><p>They didn't own the property they were built on. It was property bought by a company owned by a Car Dealer in Ponca City that worked with Sonic to get a location, and buy the property at a reduced rate, then leasing it to the franchise which then became a tax write off as a cost of doing business. </p><p>That was back when it was Oklahoma Only. Since going nationwide, I can't say how that works now. </p><p>I graduated HS with the daughter of that dealership who took over the land leasing business when the father passed away.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 4322461, member: 5412"] Interesting foot note to the Sonic Franchises. They didn't own the property they were built on. It was property bought by a company owned by a Car Dealer in Ponca City that worked with Sonic to get a location, and buy the property at a reduced rate, then leasing it to the franchise which then became a tax write off as a cost of doing business. That was back when it was Oklahoma Only. Since going nationwide, I can't say how that works now. I graduated HS with the daughter of that dealership who took over the land leasing business when the father passed away. [/QUOTE]
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