Walmart is releasing a new franchise fee agreement that outlines how it will collect sales tax for all of its stores.
Walmart announced a franchise fee in 2017 that will help cover the cost of its franchises in the US and Canada.
The franchise fee is estimated to be $7.5 million per store, which will come from a new company called Gasmart.
The deal was first reported by Forbes.
The new franchise agreement will cover a minimum of three stores, each with a minimum lease value of $1.9 million.
The franchises will be split equally between the two companies.
WalMart has been struggling financially since the financial crisis of 2008, but has found success in recent years, and is planning to open hundreds of stores across the US by the end of the year.
The new agreement could help Walmart save more money in the long run.
Walter Pincus, vice president of Walmart franchise sales, told the Associated Press that the franchise fee will help pay for Walmart’s “innovative, competitive and high-quality” business model.
Wal-Mart is the largest private employer in the country, with a workforce of roughly 1.3 million.