R 393.30 Licensee profit expectation.

Rule 30. (1) A licensee shall maintain the profit expectations established in this rule. A licensee's profit level is calculated based upon a period of 3 consecutive months. Licensee profit expectations are as follows: (a) Dry stand - 11% profit expectation. (b) Snack bar - 25% profit expectation. (c) Vending machines as follows: (i) 30% profit expectation for state-owned and nonleased equipment locations. (ii) 25% profit expectation for leased equipment locations. Profit expectation for leased equipment locations is calculated by the following formula: The sum of net proceeds plus leased equipment costs, divided by total sales for the month. (d) Cafeteria - 11% profit expectation. (e) Combined cafeteria/snack bar - 17% profit expectation. (f) Vending machine routes as follows: (i) Nonhighway vending route - 25% profit expectation. (ii) Highway vending route - 30% profit expectation. (2) Licensees may request an exception to the established profit expectation for their vending facility. The request for the exception shall be addressed to the licensee's promotional agent and shall include the reason(s) the request should be granted. Within 15 working days of the request, a panel consisting of the vending facility's promotional agent, the administrator, and the chair of the committee's promotions and seniority subcommittee shall review the request and make a determination. The promotional agent shall notify the licensee of the panel's determination in writing. The panel's decision may be appealed subject to R 393.54, R 393.55, and R 393.56.