GRILLiT Inc. announced that it has completed an agreement effective as of April 1, 2014 for the sale of GRILLiT master franchise rights in the State of Nevada. The rights were obtained for a total cash consideration of $75,000, which the Company will book to its revenue in the second quarter of this year, plus an ongoing 4% royalty commitment on all gross revenues, and a $12,500 up front fee for each franchised location established in these territories.