Thank you for the question.
We would be very happy to pay 25%. Our franchisees would be very relieved to hear that they could pay 25%. The reality is that most landlords out there are not committing to the program. Many are disqualified by not having mortgages. Other franchisees are above the 30% threshold in sales, which makes a lot of them ineligible for CECRA.
As a franchisor, we would help our franchisees meet that 25% requirement if they had been closed 100% during COVID. That's a manageable amount for companies to work with. I'm sure independent restaurants that have been closed completely might feel differently here, but some help is better than none, so I think that would be satisfactory.
I think what you see out there, and what we're hearing, is that franchisees and restaurant companies are happy with CECRA if we can open up the eligibility. Landlords are not jumping on board as quickly. They do not see the benefit of giving up 25%.